In your university there is a business start-up centre that can help you transform your business idea into a real business. Inter-university start-up centres are the main outputs of the SUCSID Tempus Project funded by the Lifelong Learning Programme of the European Commission. SUCSID is the acronym for "Inter-university Start-up centres for students’ innovations development & promotion".
The main aim of the university start-up centre is to create the environment that stimulates the development of new businesses. For this the centres foster creativity and innovation, support students in developing their business ideas into viable business projects and ultimately into sustainable and successful enterprises.
Created in the framework of the TEMPUS programme project:
“Inter-university Start-up centers for students’ innovations, development & promotion”
This project has been funded with support from the European Commission.
The first thing you can do is to do a self-evaluation using the interactive tool available on the SUCSID web-portal. This will enable you to understand whether your business idea is feasible and whether you have the adequate skills to embark on the very difficult road of becoming an entrepreneur and to establish your own business.
Produce a business plan
After you have decided that you have a feasible business idea and the commitment and skills the next step is to develop a business plan. There are workshops conducted in your university where you can learn how to develop a business plan. Get your business plan assessed by SUCSID experts. To learn more please see this.
Have your business plan evaluated by experts
After you have produced a business plan the next step is to submit your business plan for scrutiny to a panel of experts who will tell you whether your business plan is a good basis for starting a business or if you need to go back to the drawing board and improve your business plan. Check out our video.
Follow training programmes to learn how to do it
After your business plan was deemed as promising by the experts, before starting to implement it, you might want to consider learning more about establishing a new business. This will speed up the process and will make it less painful for you. The Start-up Centre organises workshops on:
You may access our full courses using our e-learning platform here.
Network and learn from others
While you are trying to learn how to establish your own business and transform your idea into a real business one of the smartest things you can do is to get involved in a network and to speak to other people who, like you, are in the process of developing their own businesses or have already established their own businesses.
Find a mentor!
Another smart thing you can do if you want to successfully develop your own business is to Implement your business ideas using expert support from those with more experience. In the university start-up centre you can find yourself a mentor to discuss your business idea.
Never mind so do 80% of those who start. The good news is, failure is not the end game. Those who succeed are those who persevere. Learn from your mistakes and start again. Support is available.
Work hard to grow your business and become a mentor to someone who like you was hesitant and did not know where to start and what to do.