Financial support can be crucial to entrepreneurs and start-ups, especially in the early stages. We have the following funds available to support those in our community who are starting out and pursuing new ideas.
For established social entrepreneurs we partner with the Judge Business School to offer the Cambridge Social Innovation Prize.
How can these funds help?
Below are suggestions for some of the ways you can become involved in entrepreneurship. The funds may provide grants to help you:
- Take part in pitching competitions with a developed or undeveloped idea
- Take part in a hackathon
- Undertake an internship with a Start-up or Spin-out firm
- See a list on the Careers Service website
- Undertake market research/market entry research for an idea
- Access a makerspace
- Access relevant training
- Make prototypes of an idea or invention by purchasing materials
- Set-up a ‘pop-up’ business selling goods or services for a limited period
This list is not exhaustive – please find some helpful links below. To share ideas and look for a mentor try the Entrepreneurs Network group on LinkHall.
Please do contact us with other ideas that you think might be eligible.
See our Case Studies page for more information on previous winners.
See our Reports page to find out more about Experiencing Entrepreneurship award winners and how this has impacted them.
Lee-Yung Family Fund for Entrepreneurship
Are you looking for additional funding to help translate your ideas into useful products and services? This could be through improving skills, purchasing materials or accessing a makerspace.
Each year until 2027, £1,000 will be distributed across up to five teams or individuals. At the end of the year an additional £1,000 will be awarded to the team/individual whose concept or product shows the most promise.
The award has been made possible by a donation from Aaron Lee (1993).
Applications are open to all those with a Trinity Hall connection, including undergraduates, postgraduates or post-docs affiliated with Trinity Hall, a Trinity Hall alumnus within five years of graduation, or a student supervised by or working with a Trinity Hall Fellow. Teams must contain at least one member who fulfils the eligibility criteria.
How to apply
Applications are currently closed for this award, and they are assessed by a panel of Fellows. For more information contact THEN@trinhall.cam.ac.uk.
Grants have enabled previous winners to:
- Employ an intern to develop their social media strategy
- Support travel to undertake market research to provide the background to develop the idea
- Develop a viable product by producing samples which could be offered to retailers
- Develop a website and build software to provide a digital prototype
- Seek legal expertise for building a business
- Take part in CU Eco Racing
Watch videos from past winners talking about how being a recipient of the Lee-Yung Family Fund for Entrepreneurship has helped their companies.
With thanks to Aaron Lee (1992) for his support.
Experiencing Entrepreneurship Award
The award is designed to give current students and postdocs the opportunity to experience entrepreneurship by assisting students who are undertaking (i) internships with start-ups, and/or (ii) travel related to enterprise, and/or (iii) relevant training.
Students undertaking unpaid work in a start-up may wish to apply for a grant to help with accommodation/travel costs; or students taking part in entrepreneurship activities such as a hackathon may need help with travel costs. It is also possible to apply for a grant to help with course fees for a programme such as EnterpriseTECH in order to gain more entrepreneurship skills. Please note applications for grants for working in your own start-up are not eligible.
Maximum awards of £1,500 towards living costs and £1,000 towards travel are possible.
The award has been made possible by a donation from Graham Ross Russell (1953).
To make an application you must be a current undergraduate, postgraduate or post-doc affiliated with Trinity Hall.
How to apply
Applications are currently open for this award, and they are assessed by a panel of Fellows. The closing date for application is Wednesday 17th May 2023. For more information contact THEN@trinhall.cam.ac.uk.
Grants have enabled previous winners to:
- Travel to China to take part in a non-profit start up involved in innovative education
- Spend 2 months in Germany working for a start up which develops and applies logic based methodologies for problem analysis
- Travel to take part in the Cambridge Development Initiative in Tanzania
With thanks to Graham Ross Russell (1953) for his support.
Accelerate Cambridge is a start-up accelerator established by Cambridge Judge Business School.
Bridges for Enterprise
Bridges for Enterprise is a global community of students and professionals that gives pro-bono advice to social entrepreneurs seeking to grow their ventures.
Cambridge Consulting Network
Cambridge Consulting Network gives students opportunities to consult on real world company problems.
Cambridge Hub is a student-led group offering practical volunteering, skilled placements, project incubation and events to help you shape a better world.
Cambridge Judge Business School Enterprise Tuesday
Enterprise Tuesday is a series of free evening lectures and networking sessions managed and delivered by the Entrepreneurship Centre. The programme aims to introduce participants to the world of business, as well as to encourage and inspire individuals to pursue their entrepreneurial ambition.
Cambridge University Entrepreneurs (CUE)
CUE supports and accelerates business innovation and entrepreneurship.
Cambridge University Technology & Enterprise Club (CUTEC)
CUTEC is a student-run organisation aiming to nurture entrepreneurship in academics and students. CUTEC aspires to inspire, enrich and connect entrepreneurially-minded people.
Careers Services' Sectors: Entrepreneurship and self-employment
You don’t need to have a fully-formed business idea to explore entrepreneurship.
Entrepreneurial Postdocs of Cambridge
EPOC exists to maximise the entrepreneurial and business potential of Cambridge’s world-leading research community.
i-Teams combines multi-disciplinary teams of students with industry mentors and real University inventions to assess the commercial viability of new technologies and product designs.
Makespace is a community workshop in the heart of Cambridge and a Biomakespace lab on the Addenbrooke’s site.
THEN: Entrepreneurs group on LinkHall
Contact peers, access relevant news and opportunities via the TH online community.