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Applications open for University’s START UP Fund to support recent graduates

Applications open for University’s START UP Fund to support recent graduates

1 November 2021

Newcastle University’s award-winning Careers Service has £30,000 of funding to award to recent graduates and current students to develop their early-stage businesses and well-developed business ideas.

Applications for the University’s START UP Fund are open, with equity-free grants of up to £3,000 available for recent graduates to make their business goals a reality.

Newcastle alumni who have graduated in the last three years can apply to the START UP Fund, as well as current Newcastle University students.

A total of £30,000 is available, with thanks to the generous support of Santander Universities UK, who have worked with Newcastle University to encourage entrepreneurship since 2009.

Aidan Bowes benefited from a START UP grant earlier this year for his bespoke kitchen knife business, Bowes Knives. He said:

“I was absolutely ecstatic to have been awarded a START UP grant at the start of 2021. It allowed me to buy new equipment to improve my manufacturing process and effectively allow my business to scale and develop much faster than it would have been able to otherwise. The grant made a huge difference to me and my business." 

Graduates from all subject areas and sectors can apply for the funding to support their self-employment journey, whether they be a sole trader, company builder or social entrepreneur.

To support applicants through the process, an online Q&A session will be held by the START UP Team on Thursday 11 November, starting at 18:00 (GMT).

Applications have opened today (Monday 1 November 2021) and close on Sunday 21 November 2021.