Do you dream of starting up your own business, changing the world and being your own boss?
About Regional Talent Engines
The Regional Talent Engines programme is a new offer providing a tailored programme of support to aspiring engineering and technology entrepreneurs in North East England and other regions of the UK.
The programme is designed to provide participants with the practical support they need to help refine their innovation and bring their vision to life.
By the end of the programme, participants will be ready to seek further support for their new startup, or pitch for their first investment to bring their innovation to market.
Places on the programme are awarded through a competitive application process, with the most promising entrepreneurs gaining a place. So what are you waiting for?
Who is eligible to apply?
- Recent leavers from Further Education colleges (graduated since September 2016) who have a achieved a technical qualification (engineering or related subject) at levels 3-5 .
- Mid or later-career engineers or technologists who have been working in skilled jobs and are seeking a career change as an entrepreneur
What does the Regional Talent Engines programme provide?
The programme runs in two phases. Those accepted onto phase one will receive:
Those accepted onto phase two will receive:
- Equity free funding of £20,000 towards living and business support costs
- Expert mentoring
- Training, roundtables, and events
- 1-2-1 coaching
- Access to our co-working and meeting space, the Taylor Centre, in central London
Places on the programme are awarded without charge. The Royal Academy of Engineering does not charge fees or take equity.
What should you expect from the Regional Talent Engines?
The six-month programme is designed to support those at the early stage of their journey and help transform great ideas into new engineering solutions, getting businesses off the ground and ready to pursue further support.
Two phased programme
The first phase of the programme will take place over three weeks for up to 15 individuals per region. Participants will learn the skills needed to test and validate ideas, and understand product and service design. At the end of this phase participants need to submit an updated proposal and next steps and deliver a short pitch and Q&A with a panel of judges who will select up to 10 to progress to phase two.
Phase two will be approximately five months and is designed to accelerate participants’ startup journey. This phase will include further training, mentoring and 1-2-1 support as participants spend the vast majority of their time pursuing the aims they set out to achieve.
Make invaluable connections
Participants will be connected to a network of peers who will support them through the programme. The Royal Academy of Engineering will also connect participants with the Hub’s partners and wider networks to help them find the support they need.
Shape your business
Through training and mentoring, participants will develop new ideas about how to shape their business strategy for the highest chance of success. The package of support will help participants implement new ideas, validate assumptions and hit milestones, be it trialling a prototype, speaking to first customers, or working out a route to market.
Accelerate your growth
The programme will teach participants the building blocks for laying the foundations of a successful business and help them communicate their vision through the perfect pitch. It will also introduce participants to the right people who can help them grow.
Hub member for life!
Those that successfully complete the Regional Talent Engines programme will be invited to become a Hub member. Members continue to have access to networking events and relevant opportunities.
How to apply
The deadline for applications is Monday 20 December 2021, 10:00. Click on the find out more link to apply
The Regional Talent Engines programme is made possible by the generous support of our sponsors: The Department for Business, Energy and Industrial Strategy.Find out more