New Start Software Development Company

CR Corporate Solutions was introduced to two enterprising Computer Science students through a fellow University of Strathclyde Enterprise Partner.

The initial idea for the start-up company came from a cross-university “Hackathon”, where several universities collaborated to tackle a real-life technical challenge for an external organisation. This idea was developed and transformed into a novel consortium made up of Computer Science and related discipline students, in tandem with Craig Rattray and a fellow Enterprise Partner, allowing the technically talented students to harness the business skills and contacts from the two business partners.

The students had already worked with a number of highly prestigious companies through part-time projects whilst studying and through their own personal companies. However, they did not have the team, business and commercial insight, or the finance to take on larger projects individually.

The company has been set up as a company limited by guarantee and on a co-operative basis, providing a flexible membership structure, allowing students to both carry out work and potentially join the consortium as associate or full members.

The company has already secured projects to the value of c300% of the first year budgeted turnover, and the founding directors have been joined by three full-time employees and various part-time students, with numbers anticipated to continue to increase.

Whilst not only paying in excess of the “Living Wage”, the company offers students relevant part-time experience and an ability to stay with the company for the longer term.

Craig Rattray was heavily involved through the set-up phase and the initial development of the enterprise and is now responsible for all financial related matters as well as assisting in the general running of the company and the introduction of new clients and opportunities. A working capital facility was also raised to allow continued growth and employment of new staff, and to allow the business to take advantage of various opportunities.

«« back to Case Studies

Regulated by the Institute of Chartered Accountants of Scotland
for a range of business activities.
Registered in Scotland No. 369678. VAT No. 981 8656 66.

Site by Buzz Agency Limited © 2010