UCL is today launching the UCL Technology Fund to invest £50 million in commercialising its world-leading research emerging over the next five years.
The new route to a fortune - Universities are encouraging students to start their own businesses by offering money and advice to help would-be entrepreneurs
25 September 2011
By Sian Griffiths, The Sunday Times, 25th Sept 2011
Along with entrepreneurial UCL alumni, Tim Barnes, Executive Directory, UCL Advances explains how and why UCL is encouraging student start-up businesses.
Satalia, Tripbod and Kit4Troops are all successful UCL student ventures mentioned. UCL is a pioneer in the filed of entrepreneurship and aims to created 100 new student business each year for the next five years. So far 40 new student ventures nurtured by the university have opened their doors.
“We’re trying to encourage ideas that can provide jobs for a small number of people, including the students themselves,” says Timothy Barnes, who runs UCL Advances, the wing of the college that supports entrepreneurship.
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The UCL Advances student ventures programme is a complete programme of support for UCL students that wish to start a business. It includes access to training, one-to-one business advice from our in-house advisor, access to loans and grant funding and the use of our Hatchery space. Further information on the programme can be found at: http://www.ucl.ac.uk/advances/students.
A list of UCL student ventures can be found at: www.ucl.ac.uk/advances/studentventures