</What is a student enterprise?>

What is a student enterprise?

A student enterprise can be defined as where Students engage with real Industry practise while at a Higher Education Institution (HEI). i.e. student enterprises exist at the crossover of the three areas:

The forms of student enterprises include spin out commercial companies, company-like entities within an HEI and curriculum/industry linked projects. There are examples of each across the IoC, with differing aims and relationships between the students and industry partners.

Based on a literature review, five ‘archetypes’ of student enterprises can be identified, as shown in the EPIC² model:

  • Employment
    Students experience work, and often earn, within a professional environment; grades are rarely earned and internships are often extra curricular and awarded after a recruitment process.
     
  • Prizes
    Either a prize can be won for attainment - or a Scholarship can be won to fund the best proposal.
     
  • Innovation
    Innovation processes, such as Lean Startup, are practised that aim to discover sustainable enterprises where none are currently known to exist.
     
  • Curriculum
    All students on a module engage with (typically) domain expert clients to clarify/satisfy their requirement/s. Students ‘earn’ marks for their module/course based on an assessment of their deliverables, reflection and evidence of quality processes being followed.
     
  • Community
    Students initiate/add to community projects that aim to benefit others, e.g. through open source projects, or as specific projects to assist individuals or communities.

 

</Why should you get involved?>

Benefits For Educators

/Benefits for Educators

Student enterprises boost essential skills that employers say they need graduates to have and can be a vehicle for knowledge exchange.
Benefits For Students

/Benefits for Students

Student enterprises help you improve your employability and engage with industry during your degree, giving you a head-start when you graduate.
Benefits For Employers

/Benefits for Employers

Student enterprises provide an opportunity for employers to work with students and easily identify great talent before they complete their degrees.