The Cambridge University Grant, provided by Sterling Road, offers £2,000 grants to 25 teams each year to help aspiring entrepreneurs take the first steps towards developing a new business or project.
The programme is aimed primarily at students and alumni of the University of Cambridge who have an idea they are passionate about and are ready to start building.
Applications can be made for any type of business idea, although the majority of grants are expected to support software-based projects. The programme is also particularly interested in supporting traditionally overlooked founders who may otherwise find it difficult to access the funding needed to get started.
The application process has been deliberately designed to be straightforward. The online application should take approximately 10 to 15 minutes, with applicants normally receiving a response within 30 days.
The process involves:
Recipients have no significant ongoing requirements attached to the grant. However, they are invited to attend bi-monthly group sessions where founders can discuss their projects, receive advice and connect with other grant recipients.
Successful applicants can also benefit from server credits and accelerator preparation courses to support the development of their project.
The grant is intended for founders who are just getting started and is not suitable for businesses that have already raised investment.
Location: Cambridge
Value: £2,000
Grant Deadline: No Deadline