What is a Year in Enterprise?
February 9, 2017 Andrea Manouchou
The Year in Enterprise is an option offered by the Centre for Enterprise and Entrepreneurship Studies, giving you the opportunity to work on a business idea and launch their own business with the help and expertise of the Centre and SPARK.
The information session for the Year in Enterprise is next Wednesday 15 February. Find out more about the session here.
“Overall, the opportunities that come with the Year in Enterprise – the scholarships, the confidence boost, meeting potential investors and customers through networks, meeting other entrepreneurs – is priceless.” – John Munn, current Year in Enterprise student
There are four places available for the academic year 2017/18. Just like the Year in Industry, after the Year in Enterprise you would return to your studies in order to finish your degree. For the successful completion of this year, a lot of support is given such us:
- Living costs allowance of £5,000*
- Academic tutoring from CEES staff
- Provision of a business mentor
- Access to additional start-up advice
- Access to networks
- Provision of office space which include networked PCs, meeting space and filing areas
*You are still eligible to apply for a student loan but this will be at the reduced rate; see student finance information for more details. Note: The Year in Enterprise is subject to the same tuition fees as a Year in Industry or Study Year Abroad. In 2014/15 this was £1,350.
“SPARK were a tremendous help! For me, who didn’t have much of a business background past sales, I was given an introduction to many aspects of business – from contract law to how to perfect an elevator pitch – by industry professionals. For those who have a business background as well as for those who don’t, SPARK can provide a sufficient amount of help and advice relevant to whatever level people are at. Through SPARK, you can make industry contacts that I don’t think you’d make otherwise. They are there if you need help but also don’t add unnecessary pressure or chase you up on every small detail – which helps you develop self-discipline crucial to entrepreneurship.” – Charlotte Rowan Scott, current Year in Enterprise student
Find out more about current and past students’ experiences during the Year in Enterprise here.