However, internal research carried out by Converge Challenge suggests that around 70% of participants in Scotland’s biggest academic entrepreneurship competition do not, in fact, form a company for a multitude of reasons. Whilst they might have successfully advanced through the various stages of the Converge Challenge, we find that many academics don’t see this ‘company creation’ aspect initially appealing to them.
It doesn’t make these participants any less entrepreneurial though. Having already being mentored across a raft of different business disciplines and training modules as part of their Converge Challenge process, they might be prepared to wait a little longer before embarking on their company creation strategy.
In today’s Scotsman Olga Kozlova, Director of the Converge Challenge highlights three such examples from Heriot-Watt University - Marc Desmulliez, Professor David Lane and Tag O’Donovan.
For the full story please click here
Also please do read the findings in a Royal Society of Edinburgh (RSE), study published under the auspices of its Business Innovation Forum. Scotland’s universities have an opportunity to play a leading role in developing a dynamic new generation of entrepreneurs. For more on this click here.