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Towards Full Integration of Enterprise : Lessons from UHatch at Glasgow Caledonian University. Professor J John Lennon and Professor Bruce Wood. Our Narrative. Relatively recent history 2015 2 Start Up 2017 27 Start Up 2 PT academic leads Clear need to prove value in this environment.
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Towards Full Integration of Enterprise : Lessons from UHatch at Glasgow Caledonian University Professor J John Lennon and Professor Bruce Wood
Our Narrative • Relatively recent history • 2015 2 Start Up • 2017 27 Start Up • 2 PT academic leads • Clear need to prove value in this environment
U Hatch Mission:To catalyse positive social and environmental change through the facilitation and enablement of enterprise and entrepreneurship. U Hatch Values: • Multi-disciplinary • Flexibility • Adaptability • Collaboration • Engagement U Hatch Activities: • Creative workshops • Sessions with active entrepreneurs • Networking events • Master classes with external supporters U Hatch Benefits: • Share and build ideas in a co-creative environment • Develop ideas with the support of experienced entrepreneurs • Regular and specialised support • Access to a wide network of industry contacts
Innovation Engine: Tina Seelig: Professor of the Practice, Management, Science and Engineering: Stanford University
Triple E adoption • Employability, Enterprise and Entrepreneurship (Triple E) adopted in whole or part on UG and PG programmes some 4-5 years ago across three Schools
SchoolAdoption • Enterprise Fair • UHatch exhibition allowing UG and PG students to meet and speak with Uhatch businesses • Peer to Peer exchange
The Start Up Offer • Hot Desk, Internet, Printer,7 day access, meeting room, reception • GCU Linked ( Not open to the public) • 6 months review based on KPI • 12 month max dwell time • Light Touch Programme over lunch times • Mentoring
Start Up Programme • Finance and Marketing Plans • Technology and Web • Legal IP and Company Set Up • Insurance • Tax, VAT and Inland Review • Funding and Banks • Scottish Institute for Enterprise • Scale Up
Start Up Programme • Santander Funding • Santander Entrepreneurship Awards • Scottish Edge Funding • Converge Challenge • Business Gateway • Crowd Funding • Next Step – post 6 or 12 months • Glasgow Tontine Centre
Progress • 67 % achieved Santander Funding • 25% remainder applications pending • Hippo and Hedgehog Scottish Edge Funding £10,000
7Th Santander Universities Entrepreneurship Award • Over 2000, Entrepreneurs are engaged on UK campuses and 2 identified from each • 60 best compete at 3 regional finals
Competition • University of Edinburgh • University of Glasgow • University of Strathclyde • Lancaster University • St Andrews University • Durham University • Bangor University • University of Sheffield • University of Salford • University of Liverpool • Northumbuia University
Our Question to you • Discuss in groups what UHatch should do next • Provide 3 suggestions • For each suggestion outline the intended result
Thank you Thankyou