Santander Awards Reminder

Just a few quick reminders for anyone looking to enter the Santander Universities Entrepreneurship Awards 2018:

  • Deadline: 5pm Friday the 13th April

Please email your Business Model Canvas (completed using the Santander Template) and two minute video pitch (a good way to do this is to upload it as an ‘unlisted’ or password protected video on YouTube and send us the link) to enterpriseteam@lancaster.ac.uk. Please note: If you submit by the 6th of April, we will provide you with feedback before the final deadline!

  • Review marking criteria

How the Buisness Model Canvas and video will be judged is detailed within the Awards Information Pack (page 5).

  • Looking for some help with your video?

ISS have a great online course which goes through the basics of video production and editing. Click here to access it.

Finally – if you have any questions, please don’t hesitate to get in contact (please note, we will be out of the office 29th Mar – 5th Apr) enterpriseteam@lancaster.ac.uk

Bright Sparks Award: Submit your pitches!

Submit a 90-second video pitch to win up to £1,000 to make your idea happen!

Do you have a bright idea which you think will capture the imagination and support of your peers? Then this may be just the opportunity for you…

As you will have probably heard by now, we are busy planning for the re-launch of the Lancaster University Enterprise Awards this December. The Bright Sparks, People’s Choice award is looking for individuals or teams of students, recent alumni (past 3 years) or staff with an idea for a new venture. The proposal may be for an idea that is still as concept stage, or it may already have been registered as a formal trading entity, as long as it is still in the survival stage and has not yet achieved financial sustainability.

The Bright Sparks Award is unique from the other award categories – as not only are we asking for video pitch nominations, but also because the actual winner of the award will be determined on the night of the awards through an audience poll! The winner will receive access to support and up to £1,000 funding from The Enterprise Team through Santander Funding to help make the idea happen.

Think you’ve got a great idea which fits the bill?

To nominate an idea, send a link to your 90 second video-pitch to enterpriseteam@lancaster.ac.uk. It is expected that your video pitch will cover the following:

  • A brief statement of opportunity (pain points for users)
  • A description of the solution you put forward
  • Is the solution desirable? (Consider competitors and alternative solutions)
  • Is the solution viable? (How will it be financially sustainable)
  • Is the solution feasible? (Do you have the skills and resources necessary, and if not what skills/resources would you need and how would you acquire them?)
  • How would the award help you kick-start your idea?

Deadline for submissions: Sunday the 19th of November. 

Please email The Enterprise Team if you have any questions.

Terms and conditions of the Bright Sparks Award:
Entrants will be judged and shortlisted by the Enterprise Team based on the following criteria: desirability, feasibility and viability of idea ; creativity and presentation. The shortlisted videos will be presented on the night of the awards event. Finalists will be invited to attend the awards event where a winner will be judged by the audience. To be eligible, nominations need to be submitted by Lancaster University students or staff, as well as alumni who have graduated up to three years ago. To claim the prize teams need to be able to engage with the offering of the enterprise team to develop their project, which would mean being able to attend regular meetings in Lancaster.

Not sure what software to use for your Santander video pitch?

Lancaster University alumni, Andrew and Pete, share their take on the best FREE video editing software here.

If you’re looking to make your video pitch that bit more interesting, consider making the most out of the free software to ensure your pitch looks professional and captivating.

Struggling to articulate your business model? Come along to an IdeasLab or StartupLab to share your progress and learn how to tell the story of your Business Model Canvas.

More information about the Santander Universities Entrepreneurship Awards can be found here; deadline noon, Monday 24th April 2017.

Selling your crowdfunding story

How to create a crowd funding project – tips for selling your story with a great video

crowdfunding

If you want to build momentum with a crowdfunding campaign, creating a video “pitch” will enable you to tell your story and share your idea, inspiration and vision on a  face to face level.

Whilst the written word can be misconstrued and requires the reader to concentrate and fully engage with your text, a clever video gives your campaign a more human aspect, allowing your passion and aims to come through more naturally. Long essay-like documents can turn off potential investors, whilst a crowdfunding video is engaging and fun as well as harder to ignore.

So, what are the top tips for a successful crowdfunding video?

Have a story to tell – you’re human; we want to know about your experiences, networks and interesting facts. Allow your potential crowdfunders to get to know you a little bit, and they will feel much more strongly about helping you to reach your goal.

Inspire them – make them feel special, make your story and ideas seem worthwhile and the rest will follow.

Be clear and concise – don’t be too me, me, me – nobody wants to hear your whole life story from start to finish! Remember, less is more.

Read more here.