What is this opportunity?
The Santander Universities Entrepreneurship Awards were launched in 2011. Since then, it has grown to be one of the UK’s largest student and graduate business pitching competitions. Santander reward entrepreneurs by offering cash prizes, mentoring and start-up support and have so far given away more than £340,000 to start-ups and small businesses.
This year, the University has the chance to enter two of our best student and graduate businesses into the competition. Participants can take part in one of the following two categories:
- Technology business - This is defined as a business or idea with hardware and/or software central to the businesses value proposition.
- Non-technology business - This is defined as a business or idea that has a value proposition that is not primarily based around hardware and/or software.
How can I apply for a chance to be nominated?
If you would like to be considered for nomination by the University then you need to:
- Complete a business model canvas using this template and supporting document
Please download the editable template and fill in the boxes, then upload it to the application form (see below) when you're ready.
- Produce a two-minute video that provides:
- a clear explanation of your business or organisation, its purpose and impact and an understanding of the problem that it solves for customers or communities;
- an understanding of where your business or idea came from (i.e. personal challenge, as a result of studying);
- evidence of how winning the competition would help you grow your business.
Once you have done this, you need to complete the short application form here and upload your business model canvas and video.
The deadline for submissions is 12pm (midday) on Thursday 26th April 2018.
What happens next?
The Enterprise Team will then nominate one business in each of the two categories and pass these submissions to Santander.
Once all of the nominations from the Santander partner universities have been received, they will be reviewed in order to identify a list of businesses that will be invited to the next stage of the competition. A maximum of 30 entries per category will be chosen. The next stage will see the successful applicants present their business to a panel of experienced judges at one of three regional heats in June. All unsuccessful entries at this stage will be invited to join the event as a guest.
What are the eligibility criteria?
- All applicants must be current students, or alumni who have graduated since May 2016.
- Applicants can be individuals or groups. There is no limit to a group size but any pitching at events is limited to 2 people.
- Throughout the process applicants must be legally residing within the UK.
- All businesses taking part in the competition must be registered UK companies.
- Applications that are currently in the idea stage must have all intentions of creating a UK registered company.
- All applicants must be at least 18 years of age.
- Students or alumni must own a material share in the business and be responsible for the direction and leadership of the organisation. This would normally include holding the title of CEO, Founder or Co-Founder.
Santander Universities was first created in Spain in 1996 by Emilio Botín, who recognised that universities play an important role in society.
He believed that Santander should support these institutions through the provision of scholarships, mobility awards, entrepreneurship funding and much more.
Santander Universities now has close
to 1,200 university partners spanning across 20 countries and has donated over €1.5b globally since 2002. In 2007 the scheme was launched in
the UK and now has partnerships with over 80 universities, providing over £10m of funding in 2016 to support university staff and students.