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Startup Summer Accelerator 2023

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The Summer Startup Accelerator at the University of Edinburgh provides high level support and financial assistance to sustainable student businesses that have high growth and impact potential.

This year we have partnered with the Edinburgh Earth Initiative to bring a sustainability focus to the accelerator. The accelerator is aimed primarily at businesses with a climate focus or with an idea that will help to advance any of the United Nation’s 17 Sustainable Development Goals. We're looking for students who have a well-developed, innovative business concept and can demonstrate a market need for their product or service.

The application deadline is 9am on Tuesday 11 April 2023. Please send any questions to sarah.gibbens@ei.ed.ac.uk

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(Required)1. Applicant name.

(Required)2. Name of business/ proposed business.

(Required)3. If you are registered with Companies House, please provide your registration number. If you are not registered, please put N/A.

(Required)4. Email and phone number.

(Required)5. Which country will you be based in during the Summer Accelerator? (This will help us to establish the best time to run sessions).

(Required)6. University College and Course Studied.

(Required)7. Was your course undergraduate, postgraduate (taught), or postgraduate (research)?

(Required)8. Graduation date.

(Required)9. Please describe your idea, main product, or service.

(Required)10. What specific problem are you trying to address with your idea/invention?

(Required)11. What stage of development is your business/ social venture at?

(Required)12. What market research have you conducted to validate your idea? Please give us examples of who your customers are and the work that you have done to reach out to them to validate your idea. Please explain why you are targeting this particular group of customers.

(Required)13. Who are your competitors and how is your idea different to theirs? What is innovative about your idea?

(Required)14. How will you make money, what is your business model, and what is your plan to ensure that your business remains sustainable as it scales?

(Required)15. Please describe your key business goals over the next two years. Please include any revenue that you expect to generate.

(Required)16. Have you received any funding to date (e.g. grants, investment, loans)? Please provide details.

(Required)17. Is the business trading? If so, when did it start and what is your revenue to date?

(Required)18. Who else is on your team? What expertise do they bring to the business? Please provide details of their relevant skills and experience.

(Required)19. What type of IP might you have with your product/service (e.g. copyright, patent, knowhow, trademark)? What have you done or what are your plans to protect your IP, if necessary?

(Required)20. Which of the United Nation's Sustainable Development Goals does your business seek to advance? Please explain how your business will advance this/these goal(s).

(Required)21. Please describe the impact your business will have on society and the environment. How will you ensure that your business protects and supports both people and the environment?

(Required)22. You will be paid £3,000 to attend all the sessions, 100% attendance is expected (there is a two week break between 17th - 28th July). Is there anything that will prevent you from making this full time commitment?

(Required)23. What will you do with the £3,000 received? What difference will this funding make to your business?

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