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Back in April we looked at the trend of graduates breaking out and starting their own businesses – which produced some interesting findings. One comparable figure that stood out was the 26% of students that had started / planned to start their own business at University, declined to 12% after graduation.
That’s just under half of the people asked decided that they no longer wanted to pursue starting their own business once they finished their studies.
In many ways it’s as YouthSight Director, Josephine Hansom describes it as “the realities of the real world” that causes this decline – but perhaps it’s the fact there isn’t enough support put in place to encourage graduates to become young entrepreneurs.
Well that’s something that University of Southampton Science Park are trying to combat with the Catalyst Centre – a mentoring and support scheme designed to kick start science or technology-based businesses.
Any graduate with the foundation of a business can apply to enter. It’s not essential to have commercial experience or even a business plan at this stage just a great concept and the drive and determination to succeed.
If your business wins a place, you will receive personal mentoring, expert support and free office space for 6 months. The Catalyst Centre will also contribute £1,000 towards business expenses and you will be able to attend weekly seminars to teach you all you need to know about running a start-up.
So if you want to take your graduate business to the next level or you’re looking for guidance from experts – enter your business.
Limited spaces are available for September 2015, Visit the Catalyst Centre website to find out more and to apply.