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The university challenge: to start a business

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Nacueventures.com, launched today, is part of a wave of new websites connecting university enterprise with investors.

Created by the NACUE and cmypitch, university-based entrepreneurs can upload their video pitches along with summaries of their business plans, which will then be reviewed by a network of investors.

The site is the brainchild of Victoria Lennox, former president of Oxford Entrepreneurs, Oxford University’s enterprise society. She says the lack of a “milkround” among major recruiters this year has forced students to explore the entrepreneurial route. “One of the biggest barriers that young entrepreneurs face when starting up is information on, and access to, capital and investment," she says. "Nacueventures.com is well-placed to fill this gap by helping young entrepreneurs connect with interested investors."  

It’s free to upload pitches onto the site. Students are charged a one-off £99 to contact investors who express an interest (rather like an online dating site). Those with cash to splash can filter their search by university, stage, size, sector and whether the business has intellectual property.

Take a look at the site and let us know what you think.

Related articles:How to make your business irresistible to investors 

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