Fund title: Royal Academy of Engineering: Enterprise Hub

Focus of fund/fund aims:

To support innovation, entrepreneurship and leadership skills in the engineering sector

Application deadline:

SME Leaders: 26 November 2018. Enterprise Fellowships: Re-opening 2019. Launchpad: Closed.

Fund description:

The Royal Academy of Engineering Enterprise Hub runs three programmes to encourage innovation in engineering:

SME Leaders Programme
This programme supports the promising leaders of high-growth engineering SMEs. The programme aims to support development of leadership skills through masterclasses and workshops, coaching, PR support and a grant of up to £10,000 towards training courses.

Enterprise Fellowships
This programme supports innovative, creative entrepreneurial engineers who have demonstrated an exceptional innovation in engineering which they want to develop further.
Enterprise Fellowships are open to: researchers wishing to spinout a company from a university or research institute; recent graduates wishing to create a company; and international PhD students based in the UK wishing to spin out or start up. The programme includes expert advice, up to £60,000 equity-free funding, mentoring, training, PR, marketing and access to workspace.

Launchpad Competition
An annual competition to help a budding engineering entrepreneur aged 18-25 to start a business based on their engineering innovation. The award comes with seed funding of £15,000 and membership of the Enterprise Hub.

Further information:

https://enterprisehub.raeng.org.uk/programmes/