UCL is today launching the UCL Technology Fund to invest £50 million in commercialising its world-leading research emerging over the next five years.
UCL kicks off Global Entrepreneurship Week with visit by Lord Young
13 November 2012
Lord Young, the former Enterprise Advisor to the Prime Minister and a former Secretary of State for Trade and Industry, as well as a graduate of UCL, toured the roadshow and met staff from UCL Advances, UCL’s centre for entrepreneurship, who were on hand to inspire young people who are interested in entrepreneurship as a career option.
The team were on hand all day to offer advice to students and graduates about the vast range of entrepreneurial activities offered by UCL Advances to support new business ventures, including free office space, funding, one-to-one business advice and mentoring.
Information on the other services UCL Advances offers, including an internship scheme with London startups, enterprise bootcamps and advice from established business people, as well as how to apply for a Start-up Loan from Startup Britain was also available.
Long recognised as one of the most innovative universities in supporting and nurturing entrepreneurial talent, UCL Advances, the university’s centre for entrepreneurship set up five years ago and headed by Director Timothy Barnes, will also have a presence at the British Library during the week to extend business advice to as wide an audience as possible.
“Compared to where UCL was – and indeed, where universities were in general – five years ago, we have had huge successes in beginning to embed a culture of entrepreneurship in our students,” he said.
“There is, of course, much more we can do to give businesses started by students or graduates here at UCL the very best chance of success. Our focus for the near-future is expanding the support we offer into Tech City and become a solid rod of support for those looking at setting up in the tech and media industries,” he added.