A business pre-accelerator offering coaching and mentorship, equity-free grant funding and tailored business development, START UP Founderships is a competitive and prestigious opportunity for recent graduates with an ambitious early-stage start-up.
Introduced in 2014 as a valuable initiative to support entrepreneurship, START UP Founderships has so far helped 39 graduates to begin 30 start-ups. Between them, the 17 businesses still active have raised almost £30M investment, generated over £66M in turnover and created 608 jobs (HE-BCI Survey results 2020-21).
The graduate founders of Hard Yards and PolyBox now join this impressive community, having been awarded packages of support worth up to £20,000 to drive their businesses forward. The START UP Founderships programme is made possible thanks to the generous support of the university’s donor community.
PolyBox automates receipt reconciliation with dynamic reporting tools to help retailers and consumers gain improved insight and control over their finances. Their data-driven tech solution is breaking new ground and aims to transform the retail space toward a paperless future.
“PolyBox exists to eliminate mundane tasks with an advanced solution to recording expenses, saving people from time-consuming, repetitive tasks that limit their creativity, productivity and morale,” said Nick.
START UP Founderships has a competitive selection process that looks at business viability, scalability and the commitment of the individuals who apply. Applicants are required to pitch to a panel of experienced entrepreneurs to demonstrate the strength and ambition of their opportunity, developing their business skills in the process. Having been selected, the chosen founders have now begun an intensive six months to help them advance toward their goals and build solid foundations for their companies.