UKTI targets city’s foreign students

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International students and graduates from Sheffield are being invited to pitch their business ideas to potential investors at an Entrepreneurs Festival in Manchester.

News of the offer – from the Government-backed overseas trade and investment body UK Trade and Investment – comes days after it was revealed that Sheffield had axed its own entrepreneurs’ festival, MADE.

Guest speakers opening the Manchester event will include Sheffield-based tech-entrepreneur Lee Strafford and the founder of Cobra beer, Lord Karan Bilimoria – one of the principal speakers at last year’s MADE Festival.

UKTI’s festival will take place in September and is aimed at encouraging foreign students to start businesses in the UK and bring new investment in from abroad.

UKTI says there is a particular focus on Sheffield because there are almost 4,100 foreigners studying at Sheffield University, making it one of the top five destinations in the UK for international students.

Students have until tomorrow to apply for places at the Manchester event, which offers an intensive induction into what it is like to be a young entrepreneur in the UK.

Successful applicants will have their accommodation, food and drink subsidised.

They will get the chance to find out more about how to set up a successful company by speaking to a number of high profile businesses and professionals.

Budding entrepreneurs will also have the chance to pitch their own business idea to a team of experienced mentors and entrepreneurs.

For more information or to book a place, visit www.entrepreneursfestival.ukti.gov.uk