Enterprise and Business Support
Students and Graduates: Whilst you’re studying and working remotely from Loughborough during this testing time, it’s business as usual for Loughborough Enterprise Network (LEN). You can access our Enterprise and Business Support remotely - whatever your needs, LEN and the wider Careers Network are here for you.
Much of our support and any information you need with regards to our services can be found here on our website.
We'd also like to highlight the following opportunities and key pages that you can access to find out more:
Loughborough University Support
For 1-2-1 Enterprise and Business Support (with Advisor)
Our 1-2-1 support and advice will still be available to you via phone call, video call, Facebook chat and / or email over coming months.
We will then assign you with the relevant entrepreneurial advisor, who will contact you to provide support.
The Start-Up Fund – up to £5000 for developed ideas and support to cover one-off, business crucial development and equipment costs that would propel your business to the next level.
This is open to students at both Loughborough and Loughborough University London, plus graduates within 2 years of graduation.
For more information on how to apply, key dates to work towards, plus our criteria and Terms and Conditions, please click here.
As a first step, you should read through all information provided as well as the Start-Up Fund Briefing slides that are now available on the page.
Submit the Expression of Interest form and share this with the relevant Advisor when you are ready. Details of who to share this with can be found on the form.
*Please note: our summer round is on hold for the timebeing (in light of COVID-19). However, you will still be able to access support from our advisors to prepare and strengthen your applications ahead of any future rounds opening.
These will be reviewed as per our two rounds for this from June onwards. Rest assured that we will receive anything you send to us, but you may not hear from us regarding next steps until closer to the summer.
If you’d like to know more about our Graduate accelerator programme for you and your business, The Studio, and how you can apply for this in our next round (as a finalist or current graduate), you can find more information in the link provided above. The next round will open in June / July 2020 with a view to our next cohort beginning on the programme in September / October 2020.
Please contact The.Studio@lboro.ac.uk for more information on this specifically and to express your interest.
Wider Careers Network Support
If you need wider Careers Network support, the department's website contains advice on everything you need to know about the recruitment process, from not knowing what career you want, to how to accept a job offer.
The employer engagement team will continue to engage and communicate with our employer partners (large and small, domestic and international, new and old) to make sure that you’re kept informed regarding their employment and work experience opportunities. If you’re interested in securing an internship over the summer period, take a look at our Talent Match scheme.
Business Financial Support and Funding during Covid-19
Small Business Support from British Business Bank
The British Business Bank have provided some details of the interruption loan that can support small businesses during these times of uncertainty. You'll find more information about this on their website.
Festival of Enterprise Webinar
Please click here to watch a replay of the Festival of Enterprise's webinar on applying for a loan where you may need some support.
European Investent Schemes
Click here for a list of European Investment Schemes in operation.
Support and update links from Seedrs' Mailshots
Seedrs’ Mailshots are currently providing updates on the state of investment markets and financial support for start-ups and links to other useful resources, their latest is here.
We recommend looking at the ‘Raising Capital for Your Business During Covid-19’ session 12.00 from April 3rd. Watch a replay here.
Charnwood Borough Council Support
For the latest on support for businesses based in Loughborough check Charnwood Borough Council here.
Prince's Trust/ NatWest Enterprise Relief Fund
The Enterprise Relief Fund will offer grants to 18 to 30-year olds across the UK who are self-employed and/or running their own business. In conjunction with cash grants, the initiative will offer one-to-one support and guidance to anyone who needs it and who may be worried about their future. Find out more here.
Business Information and Resources during Covid-19
Want to create a business but not sure where to start?
KnowYourMoney have partnered with top universities and wrote this article on how to start a business as a student entrepreneur. They also publish original and informative content on all important issues covering business and personal finance on their knowledge hub.
Free Small Business Survival Toolkit
The Institute of Enterprise and Entrepreneurs has created a toolkit with resources, guides and information for how to survive as a small business during the Coronavirus outbreak.
Click here to register and access the toolkit for free.
DBACE Resource Page
The Deutsche Bank Award for Creative Entrepreneurs offers a resource directory PDF here, which includes links for advice on things such as artist's pay. They also have a PDF glossary of frequently used business terminology that can be found here.
Sifted article - Useful Tips from Investors
Sifted have created a list of tips for Entrepreneurs from the perspective of securing funding from investors. Click here to read the article.
The Family - Resource Page
Entrepreneur Network ‘The Family’ are currently offering a Crisis-Time resource page which gives information on tools and useful reading for those working from home.
Cracking Ideas- IP Support
Cracking Ideas has various materials and activities on IP support, starting from the basics and offering more complex information. Click here to see what they offer.
Hackathon - Hack from Home
HfH is a virtual hackathon sponsored by Dataswift.io. It ais to empower everyone to contribute to the struggle against COVID-19 by building technologies and leveraging their personal data in an ethical way. Click here to find out more.
ScreenSkills- Screen Industry Workshops
Screenskills are offering training camps, masterclasses and networking socials for creatives. They are free to join. Click here to register.
EDUardo free educational content
EDUardo are offering free content as well as a business simulator. Contact us and let us know if you would like to try it out!
Crafts Council- Information for the Craft Community
Crafts Council have a landing page with lots of information for staying connected and supporting makers, craft businesses and organisations. Click here to find out more.
Creative Start-Up Academy- Social Media Course
Creative Start-Up Academy are offering a free online course that covers social media aspects such as finding your audience, defining topics and creating posts. Click here to sign up for free.
Wellbeing and Health during Covid-19
MIND - Resources
MIND have put together a very useful set of resources to support people during the current disruption to work and life here.
Loughborough University Student Services Playlist
Loughborough University Student Services have created a video playlist of useful advice on self-help at home here.
Advice on Current Jobs Prospects
Korin Grant from Loughborough University's Careers Network has written a great piece for The Huffington Post about focusing on what you can control during this uncertain time. Read more here.
Loughborough Alumni Positive News
Alumni Charlie Baron and Forrest Skerman-Stevenson, Co-Founders of ChargedUp, have been working on CleanedUp – an adaptation of the company’s current phone charging stations – to dispense hand sanitiser in public places. Read more here.
Positive Enterprise Stories
Pickle Illustrations Postcards of Positivity
Evolve cohort business Pickle Illustrations have created hand drawn postcards for their online shop to help the public spread positive messages to friends and family during this period of social distancing. You can choose the message inside, which will be handwritten and sent off by them, with 10% of profits going to the NHS. Find out more and purchase a postcard here.
ChargedUp to CleanedUp
Loughborough University Alumni Charlie Baron and Forrest Skerman-Stevenson, Co-Founders of ChargedUp, have created CleanedUp, an adaptation of the company’s current phone charging stations, to dispense hand sanitiser in public places. In around 1 week, they team have taken the initial concept for the dispenser to manufacture and the first units have been installed outside key areas such as supermarkets. Find out more here.
House Hack - The Hackathon from Home
House Hack is a virtual Hackathon that brings people together to innovate on problems real business owners are facing in their enterprising journey. It's an opportunity to learn problem solving, innovation and team-working skills while contributing a tangible outcome that will help a business owner in a meaningful way.
House Hack 2.0 is 16th May on Discord at 2pm-8pm and will be led by Ryan McGee & Charlie Rogers, two final year Loughborough University students. Click here to participate.
ExpHand Prosthetics – Ear Guards
Kate Walker, current member of The Studio and recent Lboro graduate, has been using spare time on her business's 3D-printer for a positive cause. ExpHand Prosthetics are creating and donating 115 ear guards to Leicester Hospital. Read more about this here.
TEA REX - Hug in a mug
Alumnus business TEA REX have teamed up with Wholey Moley to create a 'Hug in a mug'. Send a tea and a cookie to a loved one for £4! Profits go to food bank charity The Trussell Trust. Find out more and buy one here.
Tale Production - Tale Talks on Youtube
Alumni Alex Lees, founder of Tale Production has launched a series of short videos on Youtube channel 'Tale Talks'. Click here for insightful and motivational Q&As with other Loughborough grads!
Alcuris in Times Square
The logo of Loughborough University alumnus Alex Nash's company 'Alcuris' can currently be seen from Times Square, New York City. Alcuris' product, Memohub, will support older and vulnerable people, their families, and Social Care during the Covid19 crisis. Read more here.
Astinno Rewarded Huge Grant
Astinno, founded by Loughborough alumnus Peter Astbury, has received a grant of £360,000 from Innovate UK to fund testing and development of their product, Grace. Grace is a wearable tech for women experiencing hot flushes. Peter received our Start-Up Funding back in 2017, so it's great to see the business is attracting interest and winning awards. Congratulations, Peter!
Should you read this and have any other queries or questions, please email LEN@lboro.ac.uk and we will endeavour to respond to your query within 24 hours (working days only).
We would like to thank you all in advance for your patience while this approach is put into place over the next few weeks.
Please rest assured that we will continue to actively support you all on your Enterprise and Business journeys as best we can during this time. Whatever your needs, LEN and our wider Careers Network are here to help.
Thank you, the LEN team.