25+ Tips: How To Win The Launch.ed Enterprise Scholarship

Out of hundreds of students that applied for the launch.ed enterprise scholarship 2015, only 8 were picked. I’m glad I was among those, 5 of whom were undergraduate students.

Also, winning the launch.ed enterprise award automatically qualified me to attend the 2015 3 Day Startup at Edinburgh University.

What is launch.ed enterprise scholarship?

It is a  scholarship  awarded by University of Edinburgh and Launch.ed, the University’s free support for start-ups.

It aims to award £1000 to any student who is able to demonstrate exceptional entrepreneurial skills and ambition.  The award can be used to help pay tuition fees, living expenses or entrepreneurial activity.
I used a major part of my award to buy a new laptop as my old one was getting weary.

Giovanni O.J.C Olakunori old and laptop image

In this post I’d share some tips on how you can win the launch.ed scholarship and maybe use the money to buy a new gadget like I did.

Disclaimer:  The tips I would share in this post  are not guaranteed to make you win the launch.ed enterprise scholarship. But I believe they’d go a long way in helping you to prepare a strong application.

Giovanni_O.J.C_Olakunori at Launch.ed enterprise scholarship winners event 2015 image

Passing the first phase

To apply for the launch.ed enterprise scholarship, you are required to fill an online application.

At the final stages of the application, you will be asked to submit an essay about your past achievements, ambitions, and why you need the scholarship.
It’s your duty to make this essay as awesome as possible. But don’t exaggerate–those who would review your application are not fools.

A sample of my launch.ed scholarship essay:

launch.ed enterprise scholarship essay image

So, from my successful sample essay  above, you can see you need to follow these to present a good essay:

  • Hook readers  from the beginning
  • Talk about you achievement in entrepreneurship.
  • Talk about your background in entrepreneurship.
  • Show your readers that you are financially literate (show them you know about market research, etc).
  • Talk about your future goals with respect to entrepreneurship
  •  Talk about your current project
  • Talk about what motivates you to be an entrepreneur
  •  Talk about why you need the scholarship
  • Keep your essay concise
  • Mention figures
  •  Keep it short and classy
  • Obey the rules
  • Don not forget to edit your essay properly. I used the help of some editing softwares, as well as the help of a friend at  Columbia University to review my essay.

Passing the second phase

If you’re selected to be among the finalists, you’d be required to submit a video pitch.

launch.ed enterprise scholarship video pitch request image
I am not going to post my video pitch here, but I would share some video pitch tips with you.

Plan your video

Proper planning is key to presenting a solid video pitch.

Use a script

It’s important you know what to say at each time of your recording.   Be sure to write out a video script that will allow you to come across professionally and hit important key points.

Practice

Practice before your final recording.  Record yourself as a form of practice and then review the footage to see how you can improve the experience for your audience.

Capture the audience from the beginning

Your audience are those who would review your video.

Trust me, they would make their decision within 30 seconds of watching your video. So don’t make your opening boring.

Maintain a positive body language

  • Don’t  fidget.
  • Don’t put your hands in your pocket.
  • Look directly at the lens of the camera when talking.
  • Stay calm and do your thing.

Be mindful of your voice

  • Speak with authority and confidence. Do not be too fast, or too slow when speaking.
  • Take short pauses after making important points to allow them to sink in the minds of your audience.

Be concise

  • Be straightforward.
  • Hit the key points.

Speak about your achievements

I know you have a lot of achievements, but only pick the best and most relevant ones.

Speak directly to your audience

Instead of saying: “So, if somebody asks me how much I charge…”, rather say: “So, if you ask me how much I charge…”

Show don’t tell

Back your claim with a proof to impress.

So if you say: I interviewed “XY” person, add a screen shot of the interview and if possible the link.

Video quality

Upload your video in HD format.

Avoid dark or noisy background.

Obey the rules

If you’re required to upload a 2-minutes pitch, make sure you don’t exceed this length.

Talk about how the scholarship would help you

For me I said it’d motivate me to do more.

Giovanni Olakunori

Giovanni is the founder of LarnEdu, a community aimed at inspiring knowledge and development by creating a safe-space for freethought and learning. He was responsible for growing LarnEdu’s traffic from about 25.000 visitors per month in 2014 to over 50,000 unique visitors per month in 2016 without spending a dime on ads. He moved to the UK in 2015 to study Mechanical Engineering and Management at the University of Edinburgh where he received numerous recognition on entrepreneurship. He interrupted his studies in 2018 due to his inability to pay £21,250 in international fees. Instead of wallowing in pain or feeling victimised he proceeded to pursue his other passions such as building his data science skills, restructuring LarnEdu and working for some businesses including that of his mentor who runs a top online store in the UK. He usually starts his day by making his bed, lifting heavy weights, swimming and meditating in a sauna. You can read more about him or connect with him on Facebook, Instagram, LinkedIn and Twitter.

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