UCL students and recent graduates (within 1 year of graduation) can apply for £300 to register their business.
If you’ve formulated your business idea through a taught or extracurricular programme, but not yet committed to starting your business, this grant can help you with the next steps.
UCL students and recent graduates can apply for £300 to register their business and for other setup costs such as registering a domain name and creating a website.
To help you establish and grow your business, and become part of our entrepreneurial community, you can also apply to join our Hatchery incubation and acceleration programmes.
If your grant application is successful, you would be expected to apply to the Hatchery.
Who can apply
To apply you must:
- be a current UCL student or have graduated from UCL within the last 12 months
- have completed at least one of UCL’s entrepreneurship courses or modules in the last 12 months
- be legally allowed to register a company in England and Wales (if you're on a Tier 4 Student visa you are not allowed to do this)
The grant
The grant is a one-off payment of £300 per individual/team.
You must use the money to register your business with Companies House as a legal entity in England and Wales.
You can spend any remaining money on other associated business expenses. For example, on building a website, designing business cards, marketing campaigns, etc.
If you do not comply with the terms, we have the right to request that you repay the money.
Seed Enterprise Investment Scheme
If you are considering applying for the Seed Enterprise Investment Scheme (SEIS) to raise money for your business, please read the information on applying for SEIS on the gov.uk website.
SEIS is a strong incentive for investors. To qualify for SEIS, companies must apply within 2 years following incorporation.
How to apply
Applications are currently closed. Applications will open in January 2025.