Engineering and technology startup competition

News article

Support aimed at identifying and supporting the next generation of high potential engineering and technology entrepreneurs

The Royal Academy of Engineering (RAEng), supported by The Department for Business, Energy and Industrial Strategy (BEIS), has launched the Regional Talent Engines programme. This is a new offer that will provide a tailored programme of support to aspiring engineering and technology entrepreneurs in Northern Ireland.

The programme is designed to provide practical support to help refine your innovation and bring your vision to life. By the end of the programme you will be ready to seek further support for your new startup or pitch for your first investment to bring your innovation to market.

Places on the programme will be awarded through a competitive application process, with the most promising entrepreneurs gaining a place.

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-career or later-career engineers or technologists who have been working in skilled jobs and are seeking a career change as an entrepreneur.

What support is provided?

The programme will be run in two phases. Those accepted onto phase one will receive three weeks of training and 1-2-1 support to refine their business idea. They will then pitch their plan and next steps to a judging panel for selection to phase two. 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 co-working and meeting space in the Taylor Centre in central London

Places on the programme are awarded without charge. RAEng do not charge fees or take equity.

The closing date for applications is 16:00 on Monday 23 May 2022.

Find out more about the Regional Talent Engines programme and how to apply.

First published 25 April 2022