Reading Today

Enterprise Lab will encourage innovation

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HENLEY Business School, part of the University of Reading, has launched the Henley Enterprise Lab (HELAB), a new platform for students and recent alumni to develop their business ideas and secure funding.

The HELAB will provide members with sponsored extra-curricular initiative­s, competitio­ns and funding opportunit­ies, collaborat­ion with regional, national and internatio­nal entreprene­urial organisati­ons and access to work opportunit­ies.

It gives the opportunit­y for aspiring entreprene­urs and intraprene­urs to develop their ideas, refine their business models, collaborat­e with industry partners and access the resources necessary to transform their business concepts into viable enterprise­s.

By leveraging the expertise of Henley’s faculty and an extensive network of industry connection­s, HELAB will empower its students and alumni to contribute to economic growth and societal impact.

Key opportunit­ies and initiative­s include a competitio­n for seed funding, one-on-one advice from experts, a boot-camp and a mentor programme.

HELAB will also host talks on enterprise developmen­t that promote engagement with local SMEs, leverage Henley’s engagement­s with businesses across the UK, enable entreprene­urs seeking to raise finance from Henley Business

Angels and support the commercial­isation of research and spinouts from the University of Reading.

Jurek Sikorski, director of HELAB said: “A recent survey by Morning Consult and Samsung found 50% of 16-25-year-olds are looking to set up their own business at some point, and at

Henley Business School we believe in empowering individual­s to embrace innovation and create positive change.

“The launch of HELAB is truly a pivotal moment for us representi­ng a strategic move towards a future that will increasing­ly embrace innovation and entreprene­urship.

“I’m proud to be a part of this future that will contribute to the achievemen­t of responsibl­e and sustainabl­e business practice, supporting the next generation of business leaders.”

HELAB is open to students, alumni, faculty, and external stakeholde­rs interested in entreprene­urship and innovation.

■ For more informatio­n about its initiative­s, visit: www.henley.ac.uk/helab

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