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Explore the journey of UHatch at Glasgow Caledonian University, focusing on its activities, benefits, and impact on fostering entrepreneurship. Discover the lessons learned and the future strategies for further growth and innovation.
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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
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