United Kingdom
1 Fulbright/University College London Entrepreneurship Award
Accepted Degree Levels
|
Grant PeriodFall StartGrant Length10 Months |
Award Type
Specialized Grant Types
- Business
Fulbright Graduate Degree Grants
- Yes
Award Profile
The Fulbright UCL Entrepreneurship Award covers the one-year MSc in Entrepreneurship at the institution's School of Management.
UCL (University College London) is London's leading multidisciplinary university, with approximately 13,000 staff and 44,000 students from 150 different countries. Founded in 1826 in the heart of London, UCL was the first university in England to welcome students of any class, religion, and the first to welcome women on equal terms with men.
The MSc Entrepreneurship is designed for students who intend to start and run high impact, innovative businesses. Right from the start of the programme, you will learn the skills and gain the tools to start an innovative, high impact new business.
Using UCL’s networks and reputation as a starting point to access London’s thriving entrepreneurship scene, you will find or develop a founding team and learn how to raise investor finance or “bootstrap” your business. This programme is about creating 'for-profit' enterprises which are committed to the principles of sustainable capitalism. Student overall satisfaction is consistently some of the highest on a master’s programme at UCL.
The MSc Entrepreneurship teaching team is made up entirely of faculty with experience both of academia and of the world of industry and entrepreneurship, including several active venture capitalists and investors. Several of the teaching team have created and very successfully exited from start-ups.
Students also have the ability to organise treks to visit other start-up ecosystems, which typically travel at the beginning of Term 3. Past treks have visited Barcelona, Berlin, Tel Aviv, Silicon Valley and Singapore. A selection of short videos can be found on the course’s YouTube channel. Please note that a place on these treks is not guaranteed, and UCL cannot guarantee right of entry into the countries selected.
Applicants are required to apply to UCL’s MSc Entrepreneurship programme by January 10 and must complete a video interview with the department during the Fulbright selection process. Failure to do so may result in a disadvantage to applicants’ applications.
Please note this programme is about creating ‘for profit’ enterprises and therefore priority is given to students embarking on and interested in this. It is less suitable for students engaging in social enterprises. Whilst there are elements of sustainable capitalism on the course this is because all start-ups are expected to commit to these principles.
Grant Length
Grant Period
Grant Length: 10 months.
Master's programs in the UK may last up to one year (and in rare circumstances, 2 years). Unless otherwise stated, funding is provided for the first year of the degree - although the grant period is 10 months, tuition waivers cover the entire first year and student visas are not impacted by grant length.
Stipend amounts are set and do not change based on length of the degree.
Orientation
Candidate Profile
The Commission is seeking applicants who demonstrate:
- Rigor in scholarly enquiry and academic or professional excellence;
- Strong reasons for wishing to pursue the proposed project in the UK and at a particular institution;
- A desire to gain a better understanding of the peoples and cultures of their host country;
- Commitment to the community through volunteer and extra-curricular activities;
- Flexibility and dynamism necessary for active involvement in the host country.
Eligibility
6 Months
The following applicants are ineligible for consideration: applicants who have extensive previous experience in the UK, applicants whose proposals are to complete any part of a medical degree, including internships or residencies, or applicants who hold a Ph.D. at the time the grant is to begin.
Applicants who have previously spent time at their selected university will be at a competitive disadvantage.
Applicants who have spent six or more months in the host country in the year prior to the grant are ineligible for consideration.
Degree Level of Applicant
- Bachelor's
- Master's
- Doctoral
Special Application Instructions
In your Fulbright online application, for Award Name, please select the specific award you are applying for from the drop down menu.
Applicants are required to apply to UCL’s MSc Entrepreneurship programme by January 10 and must complete an interview with the department during the Fulbright selection process. Failure to do so will result in a disadvantage to applicants’ applications.
Foreign Language Proficiency
Fulbright Proposal Types
No
Yes
Affiliation
Letter recommended but not required at deadline
Applicants are responsible for arranging their own affiliation and must apply for admission according to the relevant university’s admissions procedures. Applicants are not expected to have a letter of admission/affiliation at time of application, but awards are made conditional upon acceptance by the chosen institution before arrival.
Applicants will complete two applications, the Fulbright application and the university’s application (according to the university’s admissions procedures). The Fulbright Program does not cover the application fee for the university.
Applicants are required to apply to UCL’s MSc Entrepreneurship programme by January 15 and must complete an interview with the department during the Fulbright selection process. Failure to do so will result in a disadvantage to applicants’ applications.
Affiliation Fees/Tuition
Tuition for the first year of study will be waived internally by the host university.
Dependents
Fulbright Program Management Contact
Fulbright Commission/U.S. Embassy Website
Grant Amount
- Full tuition waiver
- £17,609 living stipend
- $1500 travel stipend
The living stipend is intended as a contribution towards general maintenance costs towards the first year in the UK.