NEW! Santander Universities Student Enterprise Support Grants
Thanks to additional financial support from Santander Universities, in May 2020 Ulster University is delighted to be able to offer another new fund, this time to provide up to 35 UU student entrepreneurs with a one-off cash grant of £750 each to directly support their emerging enterprises through the current crisis.
Santander Universities provides funding support for university partners across the globe with over £1 billion awarded to date. Ulster University is proud to be one of these partners and many of you will be aware of the highly successful Santander Universities Business Continuity & Support Fund which we launched in April for our recent graduates.
What is the new fund for?
Funds may be used at the discretion of the recipient for business purposes but must be directed towards ensuring that the recipient’s enterprise is able to survive the current crisis.
The one-off grants will be for a fixed amount of £750 and will be awarded to up to 35 current students who meet the eligibility criteria and have submitted an online application form that meets the required standard. We anticipate making the first grant payments by mid-June 2020.
Am I eligible?
To be eligible to apply for this Grant you must be a current student enrolled on an undergraduate or postgraduate degree course, either full-time or part-time.
In addition, you must:
Have your own business/self-employment already established (i.e. post-revenue) or have plans to launch a new business/self-employment (i.e. pre-revenue) well underway (evidence needs to be provided);
- Your business/self-employment is based/registered in Northern Ireland; and
- COVID-19 must have had a demonstrable negative impact on the financial success of your business; and
- You must intend to continue your business into 2021.
How do I apply?
The fund will open for applications at 1.00pm on Monday 25 May 2020 and will close at 4.00pm on Monday 8 June 2020.To apply please complete the most appropriate application form depending on your pre or post revenue status and submit your portfolio of evidence:
You can view all questions HERE
PRE-REVENUE APPLICATION FORM
Pre-revenue means you have yet to fully launch your business. You are in the process of setting everything up, making plans, perhaps hiring people and developing your product. You may be test-trading but you are not generating regular sales from your work.
POST-REVENUE APPLICATION FORM
Post-revenue means you have already launched your business and are trading. You are most likely operating your business on a part-time basis.
Note: You are required to provide a written reference from your referee, not just their contact details. You will also be required to log in using your UU email address to complete the form.
For terms and conditions see: https://bit.ly/2YZt1BW
If you have any issues or queries, please contact the Student Enterprise Coordinator (email@example.com)
For more info about the support available for student entrepreneurs at Ulster University visit: https://www.ulster.ac.uk/uustart