If your business could benefit from a boost of fresh ideas and innovative thinking then the Innovation Placement Programme is the solution.
Funded by the London Development Agency (LDA) and delivered through local partners, the London Innovation Placement Programme provides talented students, graduates and postgraduates to work on innovative projects in small to medium sized businesses, social enterprises and charities across London.
Examples of previous projects include prototype design, creating new products, researching new markets and developing new software. Students can also work on a part time basis during term time, up to 15 hours per week.
Placement length is flexible, ranging from 4-12 week summer placements through to year out opportunities for recent graduates looking for work experience, or for students and postgraduates still in full time education and looking for a complementary year out.
Every student will be specially selected to meet your specific business requirements. And if your project could benefit from further academic support you can also apply for a grant of up to £2,500 for this as part of the placement scheme.
FAQ's
How much does it cost?
Our current offer entitles businesses to £500 towards the full cost of an approved
innovation placement.*
If your placement lasts for up to 12 weeks, the full cost is £250 +VAT per week,
for a minimum of 4 weeks. This covers the students training allowance and we manage
the administration for you. Longer projects are subject to a standard set up fee
of £1,500 + VAT and you pay the student an agreed salary directly. The current offer
entitles businesses to £500 towards these costs.* All projects receive full support,
including student induction and mentoring where required.
*There is only a limited amount of funding available, so please contact us as soon as possible to take advantage of the offer. The subsidy is payable on completion of the placement. Projects taking advantage of the academic support subsidy would not be eligible for a £500 subsidy as well.
Who do I contact to register for the scheme?
If you are a small to medium sized business, social enterprise or charity located
in London, and feel that this opportunity may be right for you then either contact
Fiona Smith on 0870 850 0322, e: london@stepenterprise.co.uk or contact your local
agency:
University Of East London
Ellie Precious, 0208 223 2499,
e: e.precious@uel.ac.uk
WestFocus
Alison McGregor, 0208 547 8294,
e: A.Mcgregor@kingston.ac.uk
Goldsmiths, University of London
Aidan Sheridan, 07868 697 296,
e: a.sheridan@gold.ac.uk
London Metropolitan University
Matthew Connelly, 0207 749 4843,
e: enterprise@accelerator-london.com
London Business Development Corporation (North London)
Dr. Effiong Akpan, 0208 376 6262,
e: effiong@lbdc.org.uk
Centre for Environmental and Safety Management for Business (CESMB), Middlesex
University
Leah Corr, 0208 411 5978,
e: L.Corr@mdx.ac.uk
partner login
