If you’re considering doing an enterprise placement next year, here are 8 things you should know.
1). It’s an opportunity for you to launch and run a business for your placement year. Stand aside, Lord Sugar.
2). You don’t have to be studying a business degree to do an enterprise placement. You could be studying English literature, chemical engineering, French… heck, you could even be studying witchcraft and wizardry and it would be fine – as long as you’ve got a viable business idea. To be clear: witchcraft and wizardry is not a real course at Aston. So please don’t try and transfer.
3). Your idea for a business needs to be well thought out. Why is it going to work? Is there a gap in the market? Have you done your homework? We’d all love to bake cakes for a living, but there needs to be something that makes your cakes stand out.
4). You need to be self-motivated. You’d need to be able to get yourself out of bed in the morning, and make sure you put the hours in. You won’t have your manager, Graham, prompting you to get the work done. It’ll be on you to make your business a success.
5). It takes commitment. You’ll have to really want to make it a success, and run your business for your full placement year. No dropping it half way through and running off to Spain for six months, please. (Only go to Spain if you’re taking your business with you).
6). You could be eligible for support from BSEEN, the team who help Aston students kick-start new ventures in Birmingham. This support includes a five-day intensive boot camp, mentoring, co-working space near campus, a £500 grant, a supportive community of young entrepreneurs, online community, and monthly meet-ups. It all sounds fantastic, if you ask us. And even if you don’t qualify for the full BSEEN support, the team will happily provide you with guidance and advice if you need it. For tips on applying for BSEEN, have a look here.
7). We’ve seen some great businesses develop from Aston students taking enterprise placements;
- Joseph Poxon set up Rugged Nature, a company creating eco-friendly and sensitive-skin-friendly male hair and beard products.
- George Greenhill set up Protein Package, a company that enables you to pick and mix protein products to be delivered to your door.
- Lotanna Amazu set up By Lotanna, a black-owned company selling luxury hair and HD lace.
- Ismail Ali started Titan Media, a company providing equipment to videographers and photographers.
8). Applications for 2020/21 close on 3rd August 2020. We’d love to discover the business tycoons among you. If you’re interested, get in touch with the BSEEN team at email@example.com. You can also book a one-to-one appointment here.
Photo by Kyle Glenn on Unsplash