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E-Factor

E-Factor is the University of East London’s business ideas competition for student and recent graduates. Successful applicants get the chance to join our intensive development and mentoring programme, before going head-to-head in the grand final.

UEL's search for great business ideas

Now in it’s 12th year, E-Factor has seen over 1000 applications from sectors such as fashion, software, food, sport, music and renewable energy. E-Factor is a fantastic opportunity for students to embrace their inner entrepreneur; gaining skills in business planning, idea development and pitching and presentation. Through our structured development programme the students can refine their ideas and business potential through our 3 day boot-camp and 1-2-1 mentoring from industry experts. At the end of the programme, 5 finalists will pitch live to an audience of industry professionals. All finalists will be given a business base in the Knowledge Dock Business and Innovation centre with the winner receiving £6000 cash funding to help kick start their idea.

The Journey

All subject to change


1

January
Applications close

2

February
Shortlisted ideas start preparing their ideas for the Semi-Final. They take part in a short incubation programme consisting of an ideation session, 3-day bootcamp and pitching masterclass.

3

March
10 ideas go through to the semi-final at Knowledge Dock in front of a public audience

4

April
The 5 finalists receive a series of mentoring sessions delivered by industry experts in marketing, finance and intellectual property.

5

May
Grand Final

The best thing about E-Factor was that it allowed me to stress-test my idea through this process
Mahyar Rahmantalab , E-Factor Winner 2016

The Prizes

1st Prize:

£6,000 Start-Up Funding -
plus business space.

2nd Prize:

£2,000 Start-Up Funding -
plus business space.

3rd Prize:

£1,000 Start-Up Funding -
plus business space.

4th and 5th Prize:

£500 Start-Up Funding -
plus business space.

Past Winners

vidiCREW is an app-based service which allows guests at a wedding or other events to capture moments on their phones. These are automatically collated and sent to one of vidiCREW's editors who create a professional quality video at a fraction of the cost of traditional videographers.

Pomegranate is a wholesaler of high quality fruits and vegetables. Nurturing close relationships with some of the most renowned British producers and influential chefs: pomegranate provides distribution and logistics for a range of produce, most notably high quality organic and biodynamic fruits and vegetables to establishments across the capital.


Combining forces, mother and daughter duo Rebekah Gooden and Marie-Anne Rase created their business My Gammies winning E-Factor 2015. The pair created a range of allergy-friendly health foods for children of nursery age, an idea that was born out of personal experience struggling to find appropriate food in shops and restaurants for Rebekah’s daughter.

Growing from an identified gap in the market, WOMMA was created to provide women’s martial arts clothing and training gear and compete with the numerous options available to men.
Thanks to E-Factor, WOMMA have produced their first manufactured samples of their originally designed fight gear.