Graduate Entrepreneur Scheme application form

Graduate
Entrepreneur
Scheme
Information Pack and
Application Form
What is LSBU’s Graduate
Entrepreneur Scheme (GES)?
Student
Enterprise
at LSBU
Information Pack and Application Form
LSBU’s Graduate Entrepreneur Scheme 2016/17
This is a unique opportunity for you to establish, build and grow your business.
• The programme runs for 12 months from October 2016 to October 2017.
• You will take part in workshops and talks and gain access to networks and potential mentors.
• You’ll work with GES alumni, our 4 Entrepreneurs in Residence and legal and intellectual property
specialists.
• You will have access to a desk in our GES hub in the Clarence Centre at LSBU during the programme.
• You will also have access to a loan to help you start and grow your business.
Who can apply?
• LSBU graduates with a business idea that has been validated, and/or
• LSBU graduates in the early stages of running a business.
We are looking for innovative, motivated and committed graduates, who have the ambition to create and
grow a business. We understand that you maybe working part-time alongside starting your business, but
we expect graduates to be using the office space for a minimum of 3 days a week.
You can apply as single or co-founders; we welcome applications from teams (only one applicant needs to
be an LSBU graduate). You must have graduated from LSBU within the last 5 years and cannot apply if you
have previously taken part in LSBU Rocket or GES.
The Graduate Entrepreneur Scheme is not open to International graduates. If you are an international
graduate with a business idea, please contact [email protected] to complete a Checklist to
confirm if you are eligible to apply for LSBU's International Graduate Entrepreneur Scheme.
How to apply:
Enclosed within this information pack is the initial application form that must be returned to the LSBU
Student Enterprise team by 12noon on Friday 7th October 2016 – applications should be emailed to
[email protected]
Selection Process and Key dates:
The first stage of the process is to complete the enclosed application form (please do not write more than
the specified word count).
From the application forms, we will shortlist the strongest applications and invite you to attend a two day
Assessment Centre, where you will pitch your business idea, participate in group activities and have an
interview.
The successful businesses will then be notified and invited to join GES which starts on the 27th and 28th
October 2016.
Activity:
Dates:
Applications close
Friday 7th October 2016 – by 12noon
Assessment centre: pitch, group task, interview
Monday 17th and Tuesday 18th October 2016 (if
shortlisted, you will be notified of the days and
times you need to attend)
Successful candidates notified
Friday 21st October 2016 (by 5pm)
Graduate Entrepreneur Scheme (GES) starts
There will be a 2 day induction for all participants
on Thursday 27th and Friday 28th October 2016.
Information Pack and Application Form
LSBU’s Graduate Entrepreneur Scheme 2016/17
Application form
Please complete all sections
Are you applying as: Single founder
Team
Your details:
First name
Surname
Address
Email
Telephone
Course you studied
Student number
Year you graduated
If applying as a team, please include team details below:
Name
Name
Address
Address
Email
Email
Telephone
Telephone
Student no.*
Student no.*
Name
Name
Address
Address
Email
Email
Telephone
Telephone
Student no.*
Student no.*
*if applicable
Are any of your team international students? YesNo
Information Pack and Application Form
LSBU’s Graduate Entrepreneur Scheme 2016/17
Section 1: Idea and Market Research
Name and short description of your idea/business (Max. 200 words)
Who is your target customer and what is the need for your business?
Try and put yourself into the customer’s place to answer this question. (Max. 200 words)
What market research have you completed to date to test your idea?
Have you undertaken surveys, focus groups, sampling sessions? How many of your target
audience have you spoken with? What was the outcome of this research? (Max. 250 words)
Do you think that there is Intellectual Property in the idea? If so – what type and who does it
belong to? This is asking whether you have copyright, design, trademark or an invention to be
patented and who it belongs to (Max .100 words)
Information Pack and Application Form
LSBU’s Graduate Entrepreneur Scheme 2016/17
Section 2: Idea and Market Research
How will your proposed business idea make money? (Max. 150 words)
What is your Unique Selling Point (USP) that means customers will come to you instead of your
competitors? (Max. 150 words)
How much investment do you need to develop your idea and what will you do with the money?
For example will it be spent on product development, staff, marketing, stock. (Max. 150 words)
What milestones would you like to achieve whilst you are on GES? (Max. 200 words)
Time frame
Oct-Dec 2016
Jan-March 2017
April-June 2017
July- Sept 2017
Milestones you would like to achieve
Information Pack and Application Form
LSBU’s Graduate Entrepreneur Scheme 2016/17
Section 3: About you
Why do you want a place on the scheme? What relevant skills, experience and
qualities would you bring? (Max. 200 words)
What is your vision for this business? (Max. 150 words)
If you are applying as a single founder, what team will you need to build to make the business
happen? (Max. 100 words)
The programme will require you to work on your business pretty much full time and any loan
borrowed cannot be spent on your living expenses. How do you intend to sustain yourself during
your time on GES? (Max. 100 words)
Information Pack and Application Form
LSBU’s Graduate Entrepreneur Scheme 2016/17
Please give details of an LSBU Academic staff member who we can speak to about your
interest in applying for GES:
Name:
Title:
Email adress:
By submitting this application, I confirm that:
This idea/business is my own idea
If my application is successful, I can attend the Assessment Days (17th & 18th Oct 2016)
If I am successful in gaining a place on GES, I can confirm that I can attend the two
induction days (27th & 28th Oct 2016)
Print name:
Signature:
Date:
Please complete these monitoring questions: Personal information is collected in compliance
with the Data Protection Act 1998. Personal information will be held securely and not passed on
to others, unless you have given your consent or requested by law.
Male
Female
Do you have a disability? Yes
No
Prefer not to say
We ask this question to help ensure that we support applicants through the GES recruitment
process and when they are on the scheme.
If yes, please provide details of the nature of the disability:
Ethnicity
Asian or Asian British - Bangladeshi
Asian or Asian British - Indian
Asian or Asian British - Pakistani
Other Asian background
Mixed - White & Black African
Mixed - White & Asian
Mixed - White & Black Caribbean
Other Mixed background
Black or Black British - African
Black or Black British - Caribbean
Black or Black British - Caribbean
Chinese
White - British
White - Irish
Other White background
Other Ethnic background (Please Specify)
Not Known (e.g. adopted)
Information Refused
Return completed forms by 12pm on Friday 7 October 2016 to [email protected]
Or post to F.A.O. Student Enterprise Team, London South Bank University, Clarence Centre for
Enterprise & Innovation 6 St George’s Circus, London SE1 6FE