Careers Service

START UP Founderships

START UP Founderships

About

START UP Founderships are six months of pre-accelerator funding, intensive support and extended access to the START UP Space, for high potential recent graduates with scalable ideas. Unlike similar schemes, we require no equity to take part.

START UP A flying start

Aimed at Newcastle University graduates who have the potential to achieve scale, in any sector. We’re looking for ‘Founders’: people who are thinking big about their ideas and can evidence their potential success.

If you're interested in doing something extraordinary and have what it takes to push your new product or service idea to the next level, START UP Founderships provide the resources you need to launch your business and achieve great success.

You will have access to advice and support tailored to your needs through START UP Masterclasses, events, coaching and mentoring. There is also:

  • a stipend in the region of £7,500 for living expenses
  • an extra 50% stipend for applications involving additional, approved co-Founders 
  • up to £10,000 funding for the development of your idea
  • the opportunity to meet, work alongside and collaborate with other Founders
  • dedicated co-working space for six months
  • access to investors and customers through the START UP network

Eligibility Criteria

Eligibility criteria

You must be about to graduate or have graduated from taught or research study at Newcastle University within the last three years.

You must be in the early stages of developing a business idea, and able to demonstrate how you can use Founderships to drive forward its development.

Be able to commit full time to the development of your business idea in Newcastle from September to February.

Success to date

Success to date

Since the programme started in 2014, the past three cohorts have made the following achievements:

  • 20 businesses supported; 19 still active
  • original founders/co-founders: 15 male/ 11 female
  • total jobs created: 59
  • investment raised: £512,500 
  • turnover: £1,330,000 (not including current cohort) 

Don’t miss the opportunity to surround yourself with fellow graduate start-ups and fast track your business idea into a working prototype and an investable proposition.

By applying for a START UP Foundership, applicants confirm that they meet the eligibility requirements as defined in the application process and agree to the Terms and Conditions of the Founderships Programme (PDF 0.247MB).    

How to apply

How to apply

Applications for the 2018 cohort will be opening in June. In the meantime, talk to the START UP Team about how to be in the best position to apply.  

Our Founders

Learn more about the 2017-18 cohort of Founders currently working with the START UP team. 

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