The Alacrity Foundation is a collaboration between the Welsh Government, The Waterloo Foundation and Wesley Clover Corporation. The Foundation provides graduates with practical business training and mentorship, so they can develop as entrepreneurs and launch their own UK based demand-driven technology company.
Are you an ambitious engineering or business graduate, who likes the sound of transforming an innovative project idea into a market leading product or service, whilst being a founder of a start-up company?
£20,000 equivalent stipend
I'm working on a real world project for a global technology company
The Alacrity Foundation Graduate Entrepreneurship Scheme offers three key benefits:
Through the Graduate Entrepreneurship Scheme participants gain real world business experience and learn the best practices from successful entrepreneurs. Skills and knowledge are gained in a variety of business disciplines that equip the participants to manage the operations of a new technology company upon project completion.
Participating teams and the Alacrity Foundation work together to define projects for which there is clear and present demand for a solution. Once projects are selected, teams proceed under the guidance of the Alacrity Foundation and Industry Partner Executives. Industry partners provide project teams with operational support, a vast network of contacts, access to customers and strategic relationships with larger established companies.
The majority of commercialisation projects fail due to lack of capital, poor managerial skills and insufficient understanding of the marketplace. Participants of the Graduate Entrepreneurship Scheme will receive the guidance and support that is essential in overcoming these barriers. Successful participants will not only have an equity stake in the incorporated company, but the Alacrity Foundation will provide an infrastructure and support for the new entity.
Our mission is to develop a new generation of UK based Hi-Tech companies by harnessing our brightest and best graduate talent
The Alacrity Foundation
+44 (0)1633 259517