University scheme set to provide funding and support to female-led start-ups
Programme in London’s East End launches using £50,000 grant from RBS Group
The University of East London (UEL) has launched the Make It Real Project, designed to provide East London’s female entrepreneurs with the tools to start a business.
Aimed at women aged 18 years and over, the project will offer 15 aspiring entrepreneurs £2,000 worth of funding, a designated mentor, office space at UEL’s Knowledge Dock Business Centre for three months and six business-boosting workshops.
The programme, which aims to see each participant leave the programme with a professional business plan and an established social media presence and marketing strategy in place, is funded by a £50,000 grant from the Royal Bank of Scotland (RBS) Group.
Provided through RBS Group’s Inspiring Women in Enterprise Programme, which seeks to aid 20,000 women to start a business over the next three years, the funding was pledged to the Make It Real Project following a successful bid by UEL’s Centre of Excellence for Women’s Entrepreneurship.
Linsey Cole, head of business partnerships at UEL commented on the project, which is open to women from Barking and Dagenham, Greenwich, Hackney, Newham, Tower Hamlets and Waltham Forest: “Through this scheme, we will support women who have the seed of a business idea, but are not sure about how they can take it to the next level.
“This scheme will give east London’s women that much needed injection of start-up cash, specialist advice and get them moving in the right circles.”