recession-busting initiative led by the University of Wolverhampton
is celebrating a successful first year.
The Student Placements for Entrepreneurs in Education West
Midlands (SPEED WM) programme gives students the opportunity to set
up their own business while they are still at university.
By the end of next year, it is hoped SPEED WM will have created
140 new businesses across the region, resulting in 480 new
Students from all subjects are encouraged to pitch their
business ideas to a Dragon’s Den style panel, resulting in a range
of new companies including photography, glass design, welding and
even midwife training.
A celebratory dinner took place at St Martin’s Church in
Birmingham on Thursday night (March 18), which more than 100 guests
attended. Guest speaker was Jo Fairley, entrepreneur and writer who
founded Green & Black’s chocolate.
SPEED WM is a £5.2 million project, run by the University’s
Institute for Innovation & Enterprise (IIE). The University of
Wolverhampton also manages the project regionally for the partner
institutions, which are the universities of Birmingham, Birmingham
City, Coventry, Keele, Staffordshire, Worcester and Aston.
Steve Moore, Deputy Director of the Institute of Innovation and
Enterprise, which runs the programme, said: “Across the
universities, we will be supporting at least 1,200 students in
furthering their business ideas. We have had a great response and a
really diverse range of ideas.
“We’re looking forward to developing some of these further and
showing that even during a recession there are opportunities for
Funded by the Higher Education Innovation Fund 4 and the
European Regional Development Fund, managed by Advantage West
Midlands, the scheme is open to all full or part time UK, EU or
European Economic area students on undergraduate or postgraduate
courses at the University.
The current programme runs until 2011 and may be extend beyond
Pictured: Keeley Page, Marie Lilly, Steve Moore
and Sarah Taylor from the Institute for Innovation and
For media inquiries please contact Emma Kilvert on 01902
Date issued: Tuesday 16 March 2010
University of Wolverhampton, Wulfruna Street, Wolverhampton, WV1 1LY
Course enquiries: 0800 953 3222, General enquiries: 01902 321000 | Email: firstname.lastname@example.org
Freedom of Information | Disclaimer and copyright | The University as a charity | Cookies Policy