Partnership to aid student entrepreneurs
The University’s commercialisation arm has formed a partnership with a global entrepreneurship development programme.
Edinburgh Research & Innovation (ERI) will work with the University of Austin, Texas-based 3 Day Startup (3DS) to host a number of programmes at universities across the UK and internationally.
Six members of ERI staff have been appointed as 3DS ‘facilitators’ to deliver a minimum of six programmes for Scottish university students before the end of 2019.
Moreover, ERI has been appointed by 3DS to help universities in the UK and around the world deliver their own 3DS programme.
3DS teaches entrepreneurial skills to students in an extreme hands-on environment.
It creates a ‘living entrepreneurship laboratory’ on campus by bringing together students with diverse backgrounds eager to gain experience in cross-disciplinary collaboration, brainstorming, idea creation, and group productivity, including ad-hoc leadership and decision-making under severe time constraints.
We are pleased to be working with this bright new international program that provides a very high level of support to participants and helps them tap into an international community of entrepreneurs.
Sarah Scace, from ERI’s LAUNCH.ed student enterprise initiative, is helping the University of Oxford deliver its first 3DS programme later this month at Said Business School.
Successful track record
Edinburgh was the first university to bring the 3DS model to the UK in 2013 and has a track record of growing the programme.
The three programmes held at the University to date have seen 239 participants from five Scottish universities pitch 20 innovative ideas to experienced business mentors.
Last year, 115 students took part, eight brand new ideas were pitched and new companies are under development as a result.
Edinburgh’s 3DS programmes have seen participation from first year undergraduates to experienced postdoctoral researchers, collaborating and developing promising company propositions during the 72-hour programme.
The two organisations have worked closely together to develop a keen 3DS community in Edinburgh.
Alumni of the program receive ongoing support from LAUNCH.ed and Enterprise Campus, two programmes that are part of the ERI enterprise services portfolio, plus links to 3DS’s international community.
3DS was originally brought to the UK - and to Edinburgh - with funding from the European Regional Development Fund’s (ERDF) Interreg IVB Open Innovation project, which promotes innovating with partners by sharing risk and sharing reward.
Working with ERI to help grow the UK entrepreneurship ecosystem has been a wonderful experience. We are proud to call them partners and we are excited to continue igniting the potential of student entrepreneurs throughout the region.