The Thinkubator Challenge connects businesses with problems with students, alumni and academics which will give suggestions on solutions.
How does it work?
Businesses submit problems to the Thinkubator Challenge.
Students (undergraduates, postgraduates and research), alumni and academics (many are consultants to business) form teams aka 'hubs' to work on one challenge. They have three hours to "research, analyse and evaluate the problem, before preparing and finalising their recommendations".
Business representatives are invited to attend the day and present their problems and then hear the suggestions with steps to take. They are offered a free Business Masterclass. The last masterclass covered Building Resilience for SMEs, Growth Planning with a Business Coach and 20 Digital Marketing Tips in 20 Minutes.
"Last month, 40 students went to the Houses of Parliament to run a political version of Thinkubator, in which they solved problems set for them by three local MPs on industrial strategy, transport and social mobility.
The students presented their ideas to a VIP audience in the Churchill Room at the House of Commons.:
Taken from the Nottingham Post
"Thinkubator is the only event of its kind in Europe, and since its launch in 2013 it has helped to solve more than 140 problems put forward by businesses. Last year, 81% of the challenges came from companies with head offices in the East Midlands, and 93% from small and medium-sized enterprises. The groups tackled issues related to human resources, marketing, management, and finance."
Taken from Nottingham Trent University website news section
Alumni Fellows Scheme
The University also has an 'Alumni Fellows Scheme' where its alumni members "give two days worth of time per year on activities such as student mentoring, interview support, site visits, and guest lectures. They can also take part in industry buddying with NBS academics and sit on course enhancement boards to ensure relevance of the curriculum to the business world.
Alumni Fellowships were pioneered at Nottingham Trent University by Nottingham Business School and the scheme is now set to expand across the University, initially to the School of Animal, Rural and Environmental Sciences; the School of Arts and Humanities; and Nottingham Law School."
Taken from the Nottingham Trent Website here