Our Space Your Place

Funded on Spacehive 20 June 2014

Impact data and claims within this report are provided by the project creator and have not been independently verified by Spacehive.

Our Space Your Place

Our Space Your Place

CrownGate Shopping Centre By CrownGate Shopping Centre

Our Space Your Place will give students at the University of Worcester their first taste of retailing through a competition to win a six week space at a retail unit at CrownGate shopping centre

Worcester Delivery stage

9
backers
£8,510
raised
funded icon
This project was funded on 20 Jun 2014!

The winning students must demonstrate full understanding of the product or service, consumer audience and demand, financial management, develop a multi medium communications strategy, consider visual merchandising, stock control and excellent customer service skills. Students will be supported throughout the process by experts drawn from the supporting partners.

The winner will be given access to a bank account holding the £2,000 business fund to facilitate their business venture; all transactions will be monitored and supported through Barclays. The exciting opportunity will enable the students to retain the profit from the new business, and could prove a sustainable venture well into future.

What we'll deliver:

  • Give local students the chance to sell a new retail product or service at a prime retail space in the heart of Worcester
  • Offer the students step by step expert guidance throughout the process
  • Help raise awareness of Worcester as an innovative retail destination

Why it's a great idea:

There has been a growing trend towards independents offering a point of difference in local towns and cities; this is shown in the re-emergence of the street market and quirky off pitch sites that offer a customer a sense of community and place.
Our Space Your Place will help University of Worcester students gain first hand practical experience in prime retail destination helping to nurture the Phillip Green’s and Marc Bolland’s of tomorrow.

Steps to get it done:

  • Through a partnered approach, funding and hard work!

Gallery

Location Worcester

Worcester has £355,000 in potential grant funding

About the space

CrownGate Shopping Centre, Worcester

Council

Worcester City Council

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How will the money be spent?Total £6,008

Award for winning business idea - £2,000 (33%)
Campaign admin - £1,800 (30%)
4 runners up prizes - £1,000 (17%)
Campaign banners and post cards - £500 (8%)
Launch event - £500 (8%)
Other - £208 (3%)

Costs Breakdown

This shows how money raised for the project will be spent. These costs have been confirmed by the project's Delivery Manager and verified.

33%
Award for winning business idea
£2,000
30%
Campaign admin
£1,800
17%
4 runners up prizes
£1,000
8%
Campaign banners and post cards
£500
8%
Launch event
£500
3%
Other
£208
  • Transaction Fees
    £88
  • Spacehive fees
    £74
  • VAT
    £20

Total £6,008

Our Wish List

We're currently looking for people to offer skills and stuff to develop our project! Check out the list of what we need below and then use the 'Offer Something' button to the right to get involved.

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