ULSTER University has launched its first ever Student Enterprise Fund.
Launched in partnership with bank, Santander, the fund aims to remove the barriers student entrepreneurs face in the early stages of realising their business ideas, while providing opportunities for other students to participate in one of these projects through freelance work or by being self-employed.
Student entrepreneurs will advertise the vacancies for fellow students across all campuses who will be awarded a grant to complete the work.
Additionally, during the process, students will benefit from a range of support, tools, and guidance to help develop not only the venture, but also to develop professional and entrepreneurial skills.
Ulster University has been working in partnership with Santander Universities since 2011. To date the company has donated over £1.1m in funding support to enhance opportunities for student mobility, support internships, work placements and entrepreneurship.
Chris Shannon, student enterprise and entrepreneurship manager at Ulster University Enterprise Centre said:
“This initiative will see students working together on enterprise projects that can contribute to a successful business launch. The fund will support our student entrepreneurs to help grow their new business ideas and turn them into reality, through collaboration with other students supporting them at different stages of their entrepreneurial journey.
“Innovation and entrepreneurship are the driving forces behind every growing economy and this fund breaks down barriers allowing for students to realise their dreams.”
