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UNIVERSITY OF GLOUCESTERSHIRE OFFERS VOUCHER SCHEME FOR BUSINESS INNOVATION

The ‘Vouchers for Business Innovation’ scheme enables Gloucestershire-based companies to access academic expertise at a subsidised rate of up to 50%. The subsidy is subject to a minimum spend of £375 (i.e. project worth £750) and a maximum value of £1000. This means if the project costs £2000 the company would only pay £1000, but if the project was £3000 the company would pay £2000. The projects must be innovative projects and fit the innovation criteria set for this project:

· Find more cost effective ways of doing things

· Add new dimensions to current products or services

· Find new ways to access a market, existing or new

· Access information and expertise on new materials, products or processes·
Tap in to research to find a solution to a specific business problem

Graduate Challenge - Here at the University of Gloucestershire we are currently running the Graduate Challenge programme to assist graduates into work:
For a minimal weekly payment Businesses can have a recent graduate working within their company on a defined 16 week project. The cost will cover the administration, teaching and mentoring as well as a graduate allowance.

‘The experience was fantastic, as a new business we were able to utilise our candidate within his skills set allowing us to grow at a rapid level’ - Ben Tandy, Regional Manager, Sports Xtra

The first 20 companies to take on a new Graduate Challenge intern will benefit from a reduced rate of £250 per week. The full costof £350 per week will apply thereafter.
Approximately 50% of graduates from the last scheme secured subsequent employment (many with their host company). A 16 week placement allows you to trial the graduate before any long-term commitment.

‘The experience has been very beneficial for both my team and the graduates in moving things forward. Taking part in the Graduate Challenge has given us a great sense of satisfaction and really helped our business, whilst helping some great graduates find employment at the same time’

- Andy Holness, Procurement Consultant, Ecclesiastical Insurance

‘Heather has been proactive and her insights have been valuable. It is a learning role and she was able to contribute at a level that added value to any given project. Very well run, responsive team at the University’ - Linda Johnston, Marketing Officer, National Star College.

For more information and a company application form please visit www.graduatechallenge.co.uk

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