I want to be an entrepreneur! How can you help?
Entrepreneurship always starts with yourself! We can not make you an entrepreneur. However, we can give you useful support which can make the process more easy. On this website you will find specific support categorized into the phase in which your company can be in.
1. I have an idea!
How can I optimize my idea?
Use the Businessmodel canvas on this website to optimize your idea. It makes you think and gives you a proper fundament to initiate the next step. If you made this step and considered the different aspects of the canvas, an appointment with the coordinator Studententrepreneurship is a good follow-up.
Is my idea a good idea?
This is a frequently asked question but is hard to answer. Your idea is only good the moment clients are willing to pay for it. As long as nobody is willing to pay it stays an idea. However, you can try to define as much as possible by, for instance, elaborate a business plan. A good starter for a business plan is the businessmodel canvas.
Make an appointment with the coordinator Young Entrepreneurship for a consult about your idea. The coordinator expects that you considered the most important aspects that are featured within the businessmodel canvas. Within this consult you both evaluate the idea and discuss the next steps needed in the process.
How do I acquire an idea/company?
The acquisition of a company is a good option to start as an entrepreneur. Many students decide at the end of their studies whether to continue with their business or to go into another direction with their career. Frequently there is a value built up within the company and a new entrepreneur is required to lead the company. Here, a negotiation is needed in which the conditions under which the transfer will be executed are settled. A complex task is the valuation of the company. For this, one can use the accountancy bureau we created with Kennispark Twente and Deloitte. To make use of this advice center, contact the coordinator Young Entrepreneurship.
2. I am working on my business plan
I have judicial questions
If you want to start your own company, you will encounter the legal aspects of entrepreneurship. In order to support entrepreneurs in the first steps in the world of legal affairs, Kennispark Twente offers (for free) a legal advice center. This advice center is meant for starting entrepreneurs, espacially those of the University of Twente and Saxion. Often these are participants of the TOP-program, Venturelab Twente or student entrepreneurs. If you do not belong to one of these groups but still are a starting knowledge-intensive entrepreneur, you are very welcome.
At the jurist you can appeal to:
- Free legal advice regarding the most important aspects of corporate law.
- A number of standard documents/templates that craetes a base for your own Terms and Conditions or contracts.
- A check on your own legal documents. Is everything complete and properly noted?
- A sparring partner regarding corporate law.
Contact the legal advice center of Kennispark Twente now:
Mr. Peter van Roosmalen
I have questions in the area of accounting
In cooperation with Deloitte we created an advice center which treats questions in the area of accounting. This advice center is in principle for free and is meant to help student entrepreneurs with financial problems. In order to appeal to this advice center, one can make contact with the coordinator Young Entrepreneurship.
I want to apply for a patent
The University of Twente has a broad experience with applications of patents. The legal advice center (see above) can provide you with information about the procedures and points of attention. Applying for a patent is expensive and it is therefore advisable to study the material. The Octrooicentrum Nederland offers a lot of information and provides a good start.
I want to perform a market research, where do I start?!
Performing a proper market research is the biggest pitfall for a lot of starting entrepreneurs. ‘Is the market waiting for someone like me?’ This question is the difference between a good idea and a hopeless mission. Pay sufficient attention to this!
In this phase, you filled in the businessmodel canvas and also appointed the client groups. An important aspect of a market research is the communication with the customers that should buy your product. By doing this, new insight is given in the questions that are being asked among your customers. Next to the standard deskresearch about market capacity, chances and competitors, the communication with the buyers is an essential part.
3. I already started a company
What possibilities for housing are available?
The University of Twente offers possibilities to obtain a small office in the Bastille on the campus. The rent of these offices is built out of a subsidy system. Information about this subject can be found at the website of the Student Union, that is the actual landlord of these offices. Interested? Please contact the person responsible for young entrepreneurship.
I am in need of money!
It is good to know that every entrepreneur is in need of money. Roughly, the search for money can be divided in:
1. Friends, Fools, Family
This concerns money obtained from a rich family member or friend of yours.
For pre-seed money we created the TOP-program within Kennispark Twente. For this program there are a few conditions which can be found on this website as well. The most important aspect is that your business idea needs to be knowledge-intensive or innovative. Apart from the different supporting measures, there is also an amount up to 40.000€ associated with it.
Another possibility is the Pre-seed fund of Smart Creations. This fund focusses on the more creative starter.
Subsidies are an interesting source to finance the first steps of entrepreneurship. There are a lot of subsidy advisors in the market that give advice based on no-cure-no-pay. Additionally, the website of Antwoordvoorbedrijven can provide a good start.
For many student entrepreneurs an investment is too ambitious. There is only a small percentage of all companies that are suitable for this. If you think that your company is part of this small group we advise you to get in contact with the coordinator of young entrepreneurship. He can tell you more about the entries for this kind of financing.
In what networks can I participate?
Networking is an important part of entrepreneurship. The region of Twente is a web of networks and networking possibilities. Take advantage of this because it provides your company with exposure and offers contacts with possible clients.
I want to grow further
How do I hire personnel?
A difficult step within entrepreneurship is the hiring of the first personnel member. How do you hire this person? Often we see three constructions that are being used:
1. Hiring and doing the salary administration by yourself.
2. Hiring and outsourcing the salary administration (e.g. KPMG could do this for you).
It is up to you to decide what suits you best. More information can be acquired by the coordinator young entrepreneurship.
Can I participate in interesting arrangements for entrepreneurs?
TOP stands for Tijdelijke Ondernemers Plaats (Temporary Entrepreneurship Point), an arrangment of the University of Twente and Saxion. For more than 25 years innovative entrepeneurs are making use of this program to enjoy a head start. Participating companies have access to several types of support and advice, networks and financial help for the period of one year to make the start of their company as successfull as possible. On this website you can acquire more information about the TOP program.
Smart Creation is a project of the Enschede Municipality and Saxion to stimulate creative entrepreneurship in the East of the Netherlands. The project started in 2009 and helps different types of starters in the creative and technology sector to develop their idea, product or service. Personal attention and customized service are typical for our method. To support the entrepreneur on that area where he/she lacks on (self)knowledge Smart Creation offers the helping hand. On this website you can acquire more information about Smart Creation.