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Careers and Enterprise

Launch It Awards

Are you an entrepreneur who is ready to launch your business or social enterprise, but you need funding to make it happen?

Do you have a side hustle you want to make official?

Have you developed your product or service, engaged with potential customers but need funding to refine it and get sales underway?

Have you developed an MVP and engaged with potential users but looking to introduce it to a wider audience?

You can apply for a grant of up to £3,000 to launch your product or service. You will need to be able to show that you already have tested and validated your business/ social enterprise/ freelance idea.  (eg: you’ve engaged with potential customers or developed a minimal viable product)

If you are looking to test your idea, apply to our Try It awards.

The enterprise support offered by the QMUL Careers Centre has been incredible. I was initially awarded a Try It Award, which allowed me to do some early testing of my business idea. Since completing QIncubator, I have not only won the Launch It Award but also the external Challenger brand funding, and am pitching this week for large-scale investment. I certainly wouldn’t be where I am today without the QMUL Enterprise guidance.
— Victoria Kemp, Peafu founder, Launch It award winner 2021 (Biological Sciences PhD, 2019)

Who we're looking for:

  • You have identified a challenge worth solving and developed a business model that works to solve it
  • You have validated your idea by engaging with potential customers and/or developed a minimal viable product
  • You have spotted the market need and/or opportunity and you are able to describe the market size
  • You have a realistic and specific plan to launch

To be eligible to apply you must:

  • have a proven business or social enterprise idea (you’ve engaged with potential customers or developed a minimal viable product)
  • be current QMUL student or graduated less than two years ago or if you're part of a team, the lead applicant is a QMUL student or graduated less than two years ago.
  • Have a QM Careers Hub account. If you are a graduate, you can still access QM Careers Hub (TargetConnect) However your student details will no longer work and you will need to register for an graduate account. Once you have registered, the Careers team will approve this and merge your existing student account with your new graduate account so you don’t lose any of your profile. If you have any questions about your QM Careers Hub account, please contact careers@qmul.ac.uk. Please note it might take a few days to register for your new account, so please take this into consideration.
  • Your venture is predominantly based in the UK

We encourage you to book an Enterprise Appointment with the Enterprise team before submitting your application. To book an appointment, call 020 7882 8533 or book online

How to apply

  • Complete our application form on QM Careers Hub. Register your interest to be the get a reminder when our applications are open 
  • Create a 2-minute video pitch (max) that introduces your idea. In your pitch you should include:
    • A summary of your idea
    • What problem are you solving and your solution
    • Who your customers/ users are (e.g. who you think would pay for it)
    • Why you need funding, and how this funding will allow you to launch your idea
  • Upload your video by the next available deadline to any hosting service such as YouTube or Vimeo, and write the link on your application form

If your application is successful you will be invited to pitch again in person at a panel interview.

Funding deadlines

Round 1: Applications open 1st November and will close 28th November 2021

Interviews: 6th /7th / 8th December 2021 (Subject to panel availability)

Round 2: Applications open 28th March and will close on 18th April 2022

Interviews: 25th /26th / 27th April 2022 (Subject to panel availability)

Round 3: Applications open 16th May and will close on 12th June 2022

Interviews: 20th /21st / 22nd June 2022 (Subject to panel availability)

If you have any queries or issues submitting your application, please email us at enterprise@qmul.ac.uk 

FAQs

Yes, you can download the Launch it application form [DOC 173KB] to draft your answers. However you will need to complete our application form on QM Careers Hub to submit your application.