Enterprising local students will be given a head start in setting up their own businesses by a new hub launched at Middlesex University.
The Enterprise Development Hub will cater for would-be student entrepreneurs to develop business ideas and offers students, alumni and staff support to research, develop, start and make a success of their business.
Led by Middlesex University business expert Dr Simon Best, the Hub offers students workshops, one-to-one mentoring, networking opportunities, and a number of events including seminars by successful entrepreneurs to help give students a head start.
The Hub pools the resources of Middlesex academics with extensive experience in launching start-ups and running small businesses across the world.
The launch event saw two successful Middlesex alumni return to share their experiences - Andrew Hodson, who is a managing director at Barclays Bank, and Danish Bagadia, EU lead for DeltaX, were joined on the expert panel by managing director for Tale Ltd Marcus Dyer, and Mikael Angesjo, from the Swedish Chamber of Commerce.
The panel gave the entrepreneurial audience tips on business finance, strategy and networking – all vital in helping to make a great business idea successful.
Middlesex alumnus and EU lead for DeltaX Danish Bagadia said: “The Enterprise Development Hub is brilliant, we didn’t have anything like it when I was here. Sometimes in business it’s about confidence and demystifying running a business - I hope the Hub will inspire people to go for it.”
At the launch a grant of £500 was awarded to Intensive Academic English student Nuttacha Withayakas from Thailand to help her develop her product idea of a bag which transforms into a dress.
Head of the Enterprise Development Hub Dr Simon Best said: “More and more of our students will be running their own businesses or working for small companies in the future – we want to make them better entrepreneurs, better employees and better consumers.
“Our aim is to help students to start up and run businesses, helping them get from an idea to something which is sustainable.”