Vlerick Student Entrepreneurship Fund supports young entrepreneurs in the pilot phase of their start-up

Promising start-up SnowVision first to receive support

With the launch of its brand-new Student Entrepreneurship Fund, Vlerick Business School aims to give new entrepreneurs a boost in the early start-up phase, not only through its education, but now also financially. So far, €750,000 has been raised from 11 donors. Alumnus and engineer Wim Van Roy, CEO and co-founder of SnowVision, was the first to receive €5,000 in support.

Marion Debruyne, Dean of Vlerick Business School, explains the idea behind the fund: “Ever since Vlerick Business School was set up in 1953, promoting entrepreneurship has been part of our DNA. Our alumni include numerous entrepreneurs and three of them – Collibra, Argenx and Combell – have now even reached ‘unicorn’ status. But it's always hard to get started, which is why we want to encourage the step between dream and action. The Student Entrepreneurship Fund aims to support current Vlerick students and recent graduates in the initial phase of their business. The support from the fund can be used for idea and product development in order to convince potential customers, investors or other stakeholders of their start-up’s potential.”

The Student Entrepreneurship Fund also awards the prize for the winner of Pitch @ Vlerick, an annual initiative in which 10 carefully selected students and alumni can pitch their start-up idea to a select group of potential investors. Vlerick alumnus and engineer Wim Van Roy (Masters in General Management) won the latest edition of Pitch @ Vlerick with his start-up SnowVision. SnowVision produces customised snow goggles with integrated prescription lenses available in a wide range of dioptres.

Wim Van Roy (SnowVision): “Winning Pitch @ Vlerick has not only led to recognition and financial support for the further development of our innovative and patented insert for snow goggles. It has also piqued the interest of a number of investors, which now gives us the opportunity to further refine our online sales for winter sports and expand our business to other sports and different markets.

Funding applications can be submitted twice a year. After a positive evaluation by a panel of experts, the entrepreneur will receive an amount of between €5,000 and €50,000. Vlerick Business School does not take a stake in the company, but recipients must promise to donate to the fund in turn when they become successful entrepreneurs, thus completing the circle by giving a new generation of starters a chance.

Learn more about the Vlerick Student Entrepreneurship Fund here.

Related news

  1. Business with both feet on the ground

    Date: 08/11/2017
    Category: Corporate News
    Can you learn how to become an entrepreneur? It's perfectly possible. However, the most valuable lessons are often learned in practice. Vlerick Business School has collaborated with the business sector for many years and we are lucky to be able to count on an extremely diverse group of entrepreneurs and investors who are willing to share their stories, knowledge and experience with our students completely voluntarily. The huge value of this synergy between academia and practice has now also been given official recognition with the new title of ‘Entrepreneur in Residence’ or ‘Investor in Residence’.
  2. First-class female entrepreneurial talent sought!

    Date: 11/10/2017
    Category: Corporate News
    Are you an enthusiastic woman entrepreneur who is passionate about running her own business? Are you keen to inspire others by sharing the story behind your business success and your vision with them? Register now for the WOMED Award and give business successes achieved by and for women a face.
All articles