The scheme allows those with an innovative, viable and scalable business idea to develop a new business in Sussex.
Advice and guidance is provided during business development by beepurple, the university’s entrepreneurship support service.
The University of Brighton has 10 places available under the scheme each year. The places are allocated on a first-come-first served basis involving a two-stage process.
Endorsements are issued for two years. Only those ideas which fulfil the requirements of being innovative, viable and scalable will be considered for endorsement.
The Home Office has provided the following descriptions to help you to ensure that your business idea meets their criteria:
Innovation - the applicant has a genuine, original business plan that meets new or existing market needs and/or creates a competitive advantage.
Viability - the applicant has or is actively developing the necessary skills, knowledge, experience and market awareness to successfully run the business.
Scalability - there is evidence of structured planning and potential for job creation and growth into national markets.