Edinburgh University’s student start-up service; LAUNCH.ed held its annual 3 Day Startup programme this weekend.
Debuted at the University of Texas in 2008 the LAUNCH.ed team hold a license to host their own 3DS. The mission is to activate entrepreneurial potential in students of all kinds through experiential education and a global entrepreneurship ecosystem.
The programme is run across 30 countries around the world, 134 companies have been launched by 3DS alumni and $131.3 million raised by alumni.
The Edinburgh Innovations student service was the first to hold a 3DS in the UK and is currently the only 3DS in Scotland.
Over 50 students and alumni from various courses at the University of Edinburgh attended this high energy weekend held at the Outreach Centre on Holyrood Road.
The students received a warm welcome and were led through this enterprising weekend by the experienced business development advisors from the University’s Innovation Management Service.
Participants arrived at the venue with or without start-up ideas and were lead through dedicated brainstorming, preliminary pitches with feedback on Friday. By the end of the day we had 7 teams with their start-up ideas ranging from social enterprises helping charity shops sell more items and customers find the perfect bargain, storage solutions for students over the summer period, affordable 3D printed prosthetics for amputees and a new app to help car users stay up-to-date on the needs of their car.
Saturday saw the teams back for breakfast and catch-up before setting off on customer discovery. Teams braved the cold November weather to talk to potential customers across Edinburgh, including department stores on Princes Street, gyms and sports centres nearby and taxi drivers and car owners.
On their return they got to meet expert mentors. Including Diana Easley, a senior-level insight professional with over 15 years of experience in digital businesses including Skype, Microsoft, eBay and Yahoo! Karim Atalla, the Director of KT-CT Ltd, an entrepreneur and management consultant with 12 years of solid international business experience. Philip Hannay is the Managing Director of Cloch Solicitors, a law firm notable for expertise in business law and intellectual property.
Diana Easley said “I love 3DS, the energy and ideas. I just love coming along to see what the teams will come up with.”
The co-founder of GetGuided Cavid Nadirov mentored for the whole weekend and advised that “3DS is a base for you. Businesses from here may or may not work out but what you learn here, from LAUNCH.ed, is what you will build on. It inspires.”
The groups also tackled intermediate pitches with feedback sessions before either retiring for the day or heading elsewhere to continue working away on their pitches.
Sunday continued with execution, including pitch workshops all for the final pitches to our special guests and judges. 3DS alumni and contacts from industry came along to see the newest start-up ideas to come out of Edinburgh University. Our three Judges; Julie Nixon an Associate at Morton Fraser, Grant Wheeler who manages the Enterprise Development team and Liza Sutherland and Enterprise Development Executive gave personalised feedback to each group. All mentors and judges were presented with gift box from TippleBox as a thank you for their time.
The final pitches closed with thank yous to all including a spontaneous round of applause by the attendees for the LAUNCH.ed team. The weekend finished with a drinks reception at Levels Café with networking.
If you missed out, don’t worry the next one will be in March 2017.
Keep an eye on our website and social media to see when the application process opens!