Henley Greenshoots Seed Finance Award Scheme

Henley Greenshoots Seed Finance Award Scheme

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The Henley Greenshoots Seed Finance Award Scheme is an initiative led by HCfE with the aim to nurture and feed the green shoots of start-ups founded by students and recent graduates of the University of Reading or Henley Business School, offering up to £5,000 cash prizes for start-ups that show the potential to grow and become sustainable businesses.

Greenshoots is targeted at businesses recently launched by students and graduates of the University of Reading including the Henley Business School and in particular those businesses that have occupied either the Henley Start-Up Business Incubator or the Entrepreneurship Hub and those who will have participated in the IDEAFEST Student Business Idea Competition and the Henley Summer Start-Up Boot Camp that have gone on to start a business.

To be eligible for Greenshoots funding, businesses will have been incorporated at/after 1 August 2017 and meet the eligibility criteria as more specifically described below:

- Entrants must be students or graduates of the University of Reading or Henley Business School

- Entrants can be individuals or teams

- Entrants must be permanent UK residents or in the case of non-EEA students or graduates hold an appropriate visa and have been living in the UK for the duration of their University studies

- Start-up must be registered as a trading company in the UK

- All entrants must be at least 18 years old

- Entrants must own a majority share (>50%) in the start-up

- Students who set up businesses as a result of their course (e.g. BA Entrepreneurship) are eligible

- HCfE reserves the right to check the personal details provided by the entrants on entry to make sure that you meet the awards eligibility criteria

Entries that meet the above criteria will be invited for interview at which each founder will have 10 minutes to present their business to the panel. The interviews will be carried out by a panel from Henley Centre for Entrepreneurship, chaired by Jurek Sikorski.

The full £5,000 of 2020 Greenshoots funding was granted to Fabian Cardozo-Cajamarca, Lizz Wilden and Yan Yang, a team of Henley Busines School graduates behind WakeSense. As part of their Greenshoots award, the WakeSense team were also selected to be part of the prestigious Santander Universities Emerging Entrpreneurs Programme 2020. The full story can be read here.

The full programme for Greenshoots 2021 will be released closer to the time. Please check back in early 2021 for more details.

Greenshoots is sponsored and supported by Santander.

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