Helping entrepreneurs grow at University of Strathclyde

Helping entrepreneurs grow at University of Strathclyde

Entrepreneurship lecturer Dominic Chalmers fills us in on University of Strathclyde Business School’s new Masters programme in entrepreneurship, innovation and technology, and has a look at the wider entrepreneurial ecosystem.

The Glasgow and Clyde Valley City Deal, announced in 2014 and worth £1.13bn, is an initiative by both the UK and Scottish governments to invest in the long-term sustainability and prosperity of the Glasgow city region. The City Deal involves a range of construction, infrastructure and connectivity projects that will physically transform the fabric of the city and wider metropolitan region over the next 20 years.

Part of the City Deal is earmarked to fund innovation, business growth and to support the local labour market, helping to create an environment for entrepreneurship and innovative business to succeed.

That’s something we at Strathclyde Business School and at the Hunter Centre for Entrepreneurship are more than happy with. Innovation and entrepreneurship are at the heart of what we do. Anything that helps us in this mission is to be welcomed with open arms.

Here at the Business School, the Hunter Centre has launched a new programme which completely fits the innovation and entrepreneurship zeitgeist.

The Hunter Centre has, from its inception, been wholeheartedly at the forefront of helping students with entrepreneurial ideas. We are part of the Strathclyde entrepreneurial ecosystem which includes the Strathclyde Entrepreneurial Network (SEN), a global support network for current students and graduate; Strathclyde 100 - a network of entrepreneurial alumni and business people who support emerging Strathclyde entrepreneurs; and of course SBS was awarded the prestigious Small Business Charter Gold Award in recognition of the work we do in scaling up and supporting small businesses, joining an elite group of institutions at the forefront of entrepreneurship in the UK.

The University of Strathclyde as a whole is recognised as one of the most entrepreneurial institutions in the UK, winning the prestigious Times Higher Education Entrepreneurial University of the Year award (13/14).

We’ve already seen students benefit from the work we do at the Hunter Centre for Entrepreneurship, and they have come up with business ideas which have garnered not just acclaim but prizes and funding to take their ideas forward.

We thought it was the right time to launch a Masters programme – the MSc in Entrepreneurship, Innovation and Technology (MSc EIT) – to help others benefit from the entrepreneurial expertise here at SBS. We believe this programme will place graduates ahead of others when it comes to possessing the skills and knowledge required to make an impact in this fast-moving and rapidly evolving jobs market.

Rigorous cutting-edge theoretical knowledge is combined with a special focus on developing the practical skills required to engage successfully in entrepreneurial activity. Our students will be embedded in one of Europe’s leading technological universities and will have deep engagement with a dynamic innovation ecosystem. Students will also benefit from a unique virtual incubation programme in conjunction with Waterloo University, Canada, gaining direct exposure to Canada’s world-leading Technology Triangle. Students will work on a detailed innovative project in collaboration with Waterloo University to simulate bringing a product to market.

The MSc EIT is for students who either want to start their own venture, work for a fast growing start-up, intend to take over a family business or who would otherwise like to work in a supporting role in an entrepreneurial ecosystem.

We hope our new programme will see even more success stories in the future, whether that is via new start-ups or graduates with innovative and entrepreneurial ideas implementing them in already established businesses.