a strathclyde entrepreneur chats with two businessmen

Strathclyde Entrepreneurial Network Funding and support

Accessing external support for your business

We work closely with a variety of external support organisations to help our start-ups access appropriate funding. Our team can help with applications for grants and competitions to get your business to the next stage of growth. This list is not exhaustive and is always changing, so be sure to check back for updates!

Converge Challenge

Converge Challenge is a high profile Scotland-wide company creation competition and entrepreneurship development programme aimed at creating a new generation of entrepreneurs in Scotland. 

Find out more about Converge Challenge

Converge Challenge has three categories:

  • Converge Challenge - £150,000+ prize fund
  • KickStart Award - £10,000 prize fund for early-stage ideas
  • Social Enterprise Award - £10,000+ prize fund

Eligibility

Converge Challenge is open to all staff and students at any Scottish University. It's also open to recent graduates from any Scottish University up to 12 months after graduating if supported by a University.

Application Timeline

Applications are accepted in April each year, with training and final business competition taking place between May and September.

Converge Challenge 2017 is now closed.

Royal Society of Edinburgh Enterprise Fellowships

The Royal Society of Edinburgh Enterprise Fellowships enable promising science and technology researchers to develop into successful entrepreneurs.

Find out more about the Royal Society of Edinburgh Enterprise Fellowships

Awardees get to focus on refining their business ideas, while receiving one year’s salary, expert training in entrepreneurship and access to mentorship from business Fellows of the Royal Society of Edinburgh (RSE) along with other successful entrepreneurs in the business community.

Enterprise Fellows are hosted by a university or research institute for the 12-month duration of the Fellowship. Please be sure to contact enterprise@strath.ac.uk if you're thinking of applying for an RSE Enterprise Fellowship.

Application timeline

The next deadline for Enterprise Fellowships is 1 November 2017.

Royal Academy of Engineering Enterprise Fellowships

Enterprise Fellowships support the founders and leaders of tomorrow’s high-tech companies. These awards provide up to £60,000 in funding, as well as 'money-can’t-buy' bespoke support and one-to-one mentoring from the Academy’s Fellowship.

Find out more about Royal Academy of Engineering Enterprise Fellowships

The Fellowship is composed of some of the country’s most successful engineers from across academia and industry. Fellowships are available to both university-based academics of any experience level who wish to spin out a company, and also to recent graduates wishing to create a company.

Eligibility

University Enterprise Fellowships

Applicants must be working in research at a UK Higher Education Institution, in an engineering department (or engineering-focused research area), and must have a PhD or equivalent experience. The Host Institution must be committed to transferring and exploiting the particular technology via a spin-out, in which the Enterprise Fellow will be playing a leading role (CEO/COO).

Graduate Enterprise Fellowships

Applicants must be based in the UK and be currently studying for, or have been awarded their very first degree, no earlier than 1 January 2012. The degree must be in engineering, design, IT, or a related discipline. Undergraduate students are eligible to apply but must receive their degree before they start the Fellowship.

Application timeline

The next application deadline is Monday, 2 October. 

Santander Universities Entrepreneurship Awards

Each year Strathclyde Entrepreneurial Network (SEN) looks for the University’s top entrepreneurs to take part in the Santander Universities Entrepreneurship Awards: the UKs largest student and graduate business pitching competition.
Find out more about the Santander Universities Entrepreneurship Awards

Apply for our internal round of the competition and you could be nominated to represent Strathclyde in the national Santander Entrepreneurship Awards and win up to £25,000 in business support in two categories:

  • Pre-Revenue
  • Post-Revenue

Eligibility

All University of Strathclyde students (undergraduate, MSc and PhD) and alumni within 5 years of graduation.

Application timeline

The competition is now closed for 2017. The competition will re-open in February 2018. 

Scottish EDGE

Scottish EDGE is a competition aimed at identifying and supporting Scotland’s up-and-coming, innovative, high-growth potential entrepreneurial talent.
Find out more about Scottish EDGE

Scottish EDGE has four categories:

  • Scottish EDGE – for incorporated companies which have been in operation for no more than 5 years
  • Higgs EDGE – for high growth and scalable businesses with a key focus in the Science, Technology or Engineering Sector
  • Wild Card EDGE – open to all companies or sole traders/partnerships who are pre-trading
  • Young EDGE – for companies or sole traders/partnerships who’s Directors are all aged between 18-30 years old

Application timeline

Scottish EDGE Round 11 will open toward the end of July 2017.

 

Scottish Institute for Enterprise (SIE) Fresh Ideas Competition

The SIE Fresh Ideas competition allows you to develop your business idea into a real business venture.
Find out more about the Scottish Institute for Enterprise (SIE) Fresh Ideas competition

The process is designed to help you develop your business know-how and show you how to turn a good idea into a successful new business. So even if you’re not a winner, you’ll still benefit from our help and be in a great position to take the next steps.

Eligibility

Students or recent graduates (within 2 years) at a Scottish University or College

Application Timeline

Monthly winners are chosen October – January every year.