The Ideas stage for the New Enterprise Competition is open for applications for another week. For the opportunity to test out your idea by pitching to us and to win up to £200 in equity free funding, what have you got to lose?
We caught up with Shabaj, who created the Success Program, a sports journaling app, which was awarded funding from the Ideas stage of the Competition last year.
In a nutshell, what is your start-up idea and where did the idea come from?
I’m working on a sports journaling app that allows individuals to track their weightlifting performance and provides customers with a quantitative measure of how their training programme is impacting their performance. Having our customers reflect on what they achieved on their last workout allows them to compete against themselves from one workout to the next.
The aim of the game is progression, but how can you know if you are progressing if you aren’t tracking your results?
I’m not the strongest person in the gym, by far. Often, if I push myself more than I am physically capable of and I get an injury. I got tired of repeating the same mistake and started to record my workouts in a notebook. However, I got fed up with flicking through the pages to find what weights, reps and sets I should do. I also lost more pens in the gym than most students do in three years at university. So I decided to build an app to think and carry less in the gym.
Have you always been interested in entrepreneurship? What inspired you to get into it?
I let my curiosity direct where I put my attention- which has its own set of pros and cons! My journey into entrepreneurship is more self-centred than most. From the projects I worked on, I always had a personal connection with problem I was trying to solve. Since I couldn’t find a product or service that met my needs, I would find out how I can create my own solution. If I have that problem, someone else might too.
With £200 up for grabs which can go towards supporting you and developing your start-up, what’s to loose? In case you need any more convincing as to why you should submit an application, here are our top three reasons why you should apply.
Boost your start-up knowledge
The Ideas stage of the New Enterprise Competition runs alongside the Start-up Accelerator, which is designed to equip founders with start-up knowledge and the entrepreneurial skillset they need to take them to the next level.
The accelerator comprises of ten workshops which include everything you need to know when starting up, including understanding your customer and pitching your idea. On completing the programme, you’ll also receive an endorsement badge and you’ll have constant opportunities to enhance your network. Apply to take part in the accelerator today as attending these workshops will help you feel ready for you pitch for the competition!
Enhance your skillset
The Intrapreneurial Knowledge Exchange Enterprise Pathway (IKEEP) begins with fully funded training to equip you with the skills to drive innovation and bring fresh thinking to businesses.
Once you’ve completed your intrapreneurial training, you can apply for a project placement and get the opportunity to take your new skills and help a business solve an innovative challenge.
Andreea Patrunjel, a postgraduate student, studying an MSc in Computer Science at the University of Bristol, took part in the IKEEP programme. She completed IKEEP’s online Intrapreneurial training and went on to apply for and take part in the 4-week project placement. She was matched with a Bristol start-up, Groundwaves, a company which have pioneered some of the most powerful haptic technology, and applied it in a footwear product, fusing the worlds of fashion and technology.
We caught up with Andreea to hear more about her experience with IKEEP…
The UK’s first women’s urinal showcased their first prototype at Bristol Comedy Gardens at the beginning of the month and following the news of their win, have been making headlines across the UK, gaining 60 million views of their business since winning the competition:
Co-founder Hazel McShane said: ‘’Winning the competition has given us the opportunity to follow our dream for pee-equality. I want to give a massive shout out to the New Enterprise Competition and Basecamp team who have shown us support and encouragement from day one. The funding and recognition has lit the fire beneath PEEQUAL and we are now so excited to get our PEEQUAL urinals out there to free the pee.” (more…)
New for Summer 2021! The Foundership scheme is open to students and recent graduates who want to explore their start-up ideas. Formerly the Enternship scheme, the Basecamp Enterprise team have revamped the programme for this year, giving student entrepreneurs the opportunity to explore their options over Summer break.
The four-week scheme equips founders with £1,000 funding, ringfenced networking and workshop opportunities, and allows you to work from the comfort of your own home.
Sound like something you may be interested in? Here is what you can get out of the scheme this Summer:
On submitting an application, we will ask you to set out what you would like to achieve over the four weeks. This could vary between wanting to undertake some research on your target market to building a prototype. Setting out what you intend to do will mean you can hold yourself accountable, it will motivate you to strive to succeed and will help you break down your overarching goals into tangible, achievable chunks. Successful applicants will submit a weekly report to Basecamp outlining what they achieved each week. (more…)
The New Enterprise Competition is run by the Basecamp Enterprise team and awards funding for businesses, social enterprises and charities. It comprises of three stages over the year; the second stage-Development awards start-ups with up to £1,000 to go towards pushing your business to the next level.
Historically, funding has gone to start-ups who are building a prototype, developing a website and investing in materials and much more.
This year may seem uncertain but certainly comes with lots of possibilities, so why not take that business idea you had over the first lockdown to the next level?!
Want to find out more? Over the next few weeks we’ll be catching up with last years Development winners.
Precious Plastic Dunkerque
Could you sum up your start-up in a Tweet?
Precious Plastic Dunkerque is a Social Enterprise being developed to support displaced people in Dunkerque. Using plastic waste collected from informal camps, we will produce new items; to be sold, to support those sleeping rough and to provide community workshops. (more…)
Lily, a third year English student, has written about her recent internship experience which was supported by our COVID-19 SME Internship Fund. The aim of this fund was to support local SMEs including charities, social enterprises and start-up who are operating at maximum capacity as they respond to the challenges of Coronavirus, while giving students valuable and meaningful work experiences in a difficult economic climate. (more…)
This week, 16 to 20 November marks Global Entrepreneurship Week. The campaign began in 2008 with an emphasis on inspiring young people to make their mark. It has quickly grown into a week which inspires entrepreneurs, students, researchers and more to collaborate and advance economic growth and innovation.
The Basecamp Enterprise team are getting involved by offering a jam-packed week of events where industry experts share top tips, networking opportunities and the launch of Natwest 10k challenge.
Although there are several events happening across the world this week which focus on business and entrepreneurship, the Basecamp Enterprise team run workshops, events and start-up support all year round to keep you feeling motivated and inspired.