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Insider UK
Insider UK
Business
John Glover

Heriot-Watt re-launches business incubator to help entrepreneurs

Heriot-Watt University has re-launched its Edinburgh Business School (EBS) incubator to help entrepreneurs.

Applications are being accepted from early-stage entrepreneurs looking to access facilities and expert advice to advance their ideas.

The EBS Incubator, provides one-to-one mentorship, free desk space and dedicated training to support and develop entrepreneurship.

Following the cost-of-living crisis and rising inflation, the university has made the scheme free to apply too. The only financial obligation is to fund its own public liability insurance.

A space in the incubator is for one year, although there may be an option to extend. Anyone can apply, providing they are not a full-time undergraduate or taught postgraduate.

The deadline for applications is noon on 13 June. Applications will be considered by a committee, who will decide which businesses are shortlisted to give a five-minute pitch explaining their business and how the incubator will benefit them.

Professor Laura Galloway said: “The cost-of-living crisis and rising inflation has created a perfect storm among small and medium sized enterprises.

“To access the support needed to help drive forward these ventures, which are vitally important to the UK economy, means there has never been a more important time for dedicated schemes, such as our EBS Incubator, to be made available.”

Since its launch in 2018, the EBS Incubator has assisted more than 50 companies, helping participants access grants and other finance, as well as refining their offerings.

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