Student showcasing business at Enterprise awards evening

Great ideas need funding

Cash funding to support your business ideas

Apply for funding to develop your startup idea

Applications for this year's funding have now closed, please check back soon for further updates.

Do you have an idea but you're not sure if it will work? Would you like some money to explore the viability of your business? Do you already have an idea you wish to develop? If so, these startup grants are for you.

 You can apply for up to £3,000 to test an idea or develop your idea/startup to the next stage. Please only apply for the amount of funding you need.

 This funding is a grant so you won’t pay back the money. However, we do expect to see some return on the investment in terms of your business development. The Startup grant is funded by Santander Universities and is available to University of Portsmouth students and graduates within 5 years of graduating.

Examples of what the explore and develop funding could be used for include market research, creating a prototype, marketing, purchasing products and services or launching a product or service. Unfortunately, the funding cannot be used to pay for office space or to pay a wage (although you can use it to pay for outsourcing specific tasks/skills if you can demonstrate the impact).

The funding is for UK based projects and businesses only. 


 santander university


Some top tips when completing your application:

  • Assume no one knows about your idea, explain it in a clear and concise way
  • Be creative, think about adding a video to explain your idea, add a link to your website or portfolio, if you have drawings of your concept - share them with us. Anything that helps us understand your idea is always welcomed. At the same time don't worry if you haven't got anything extra to add - just make sure your overview is really clear.
  • Impact is key, so explain how the funding will help - how will it make a difference?
  • Be realistic with how much you are asking for. If you can provide a breakdown of what the money would be spent on, that's really helpful
  • Think about what makes you different - we get lots of applications so make yourself stand out
  • Any questions ask the team. We can't review your application before you submit but we can answer questions you may have


The selection panel will use the below marking criteria to evaluate startup funding applications:

  • How clear is the overview of the idea on a scale of 1 - 5?
  • How clear is it what they will spend the funding on, on a scale of 1 - 5?
  • How clearly have they described what impact the funding will have on the business on a scale of 1 - 5?
  • If they do not receive the funding, how committed are they to still making the idea work or finding alternative means of funding?
  • Overall for feasibility and the potential to be a viable business scored out of 5.  


How to apply:

Applications for this year's funding have now closed, please check back soon for further updates.

In the meantime, you can speak to a member of the Student StartUp team about your idea at the weekly Enterprise Clinic, or explore other funding options on our resources pages.

Meet our startups

Meet some of our entrepreneurs and explore the businesses, ideas and successes. 

Read more

Events and opportunities

Explore our workshops to develop your startup idea and take part in Route to Startup, Development, or Social Startup events.

Read more