Innovating in business - Enterprise and Business Start-Up
- Published: Monday, 29 June 2015 15:08
- Written by Web Editor
(Above) A YouTube video of Nayan’s Pitch.
Being enterprising is about more than starting a business venture; it’s about developing a range of skills, attitudes and behaviours which enable an individual to develop and grow an existing business, design an enterprising organisation or set up a new business of their own.
With this in mind the University of Leicester offers students the opportunity to undertake a wide variety of experiential opportunities to develop enterprising skills, whether they plan to create impact as an enterprising employee or trail blaze a career in business as an entrepreneur.
These experiences include:
• intensive skills build workshops, which enable students to develop their skills whilst learning directly from inspirational business leaders who have been there and done it;
• accredited skills programmes, where students work cross-discipline to develop business ideas or provide consultancy services to local business leaders to tackle real life challenges;
• regular business start-up cafes, which provide opportunities to interact and build networks with influential entrepreneurs, industry experts, academics and like-minded business people
• pioneering virtual training programmes, which give access to learning, support and coaching on a global platform accessible wherever they are
University of Leicester engineering graduate Nayan Patel is just one example of many exciting success stories our approach to development of enterprising skills has helped to cultivate.
Nayan’s business, NYN-9 Ltd, aims to advance hot and cold therapy through a new product designed to be a single portable unit, which replicates temperatures and sensations and can be controlled via mobile phones to aid recovery.
After successfully securing seed funding by pitching to the University’s Career Development Service, Nayan took part in an intensive three day workshop, ‘Launchpad Leicester’, which introduced him to inspiring entrepreneur speakers and equipped him with essential business skills to establish and build his business, including: business modelling, lean start-up, legal structure, finance, sales, marketing and negotiation.
[Pictured: Adam Bird, Cronofy / Nayan Patel, NYD-9 ltd / Simon Woodroffe, YO! Sushi / Miles Waghorn, TechSilver / David Ralph Chief Executive D2N2 LEP & VfEM 2015 Chair]
After the workshop, Nayan accessed regular networking sessions coordinated by the University, ‘Business Start-Up Cafes’, designed to engage and connect students, graduates, business leaders and business support agencies. Soon after, through excellent use of the networks he had developed, Nayan successfully agreed a partnership along with investment for his business.
Utilising his enterprising approach, and acting on information provided through the University’s Career Development Service, Nayan submitted a video pitch to the inaugural Venturefest East Midlands event 2015, which celebrated start-ups by bringing together entrepreneurs, investors and innovators from across the region, and was triumphant in winning the Early Stage Business Competition at the event.
Key Note Speaker Simon Woodroffe OBE, best known for setting up YO! Sushi and appearing as a Dragon in the BBC TV show Dragons’ Den, announced Nayan as ‘Next Generation’ competition winner after event attendees voted for their favourite business video pitch through a smartphone app.
Find out more
To learn more about the wide range of support available for students seeking to develop their enterprising skills or start a business explore our web pages here: http://www2.le.ac.uk/offices/careers-new/information/employers