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Success story

Europe From Serbia

Tomas Varga

MSc Entrepreneurship and Innovation · Iberian School of Management

An applicant with an early-stage venture who secured a scholarship that closed well ahead of the standard admission deadline.

Destination
Europe
University
Iberian School of Management
Programme
MSc Entrepreneurship and Innovation
Intake
September 2024
Tomas Varga Tomas Varga September 2024 intake

The scholarship needed a venture proposal and closed six weeks before the normal deadline. I would have missed it entirely.

Tomas Varga MSc Entrepreneurship and Innovation

The journey

How it unfolded

5 chapters

  1. Chapter 01

    The goal

    Tomas had been running a small software venture in Belgrade for two years and wanted a structured entrepreneurship programme with incubator support, rather than a general management degree.

  2. Chapter 02

    The challenges

    The strongest scholarship required a separate venture proposal and closed six weeks before the standard admission deadline — a detail buried on a secondary page of the school's site.

    The motivation letter was also a problem. The first draft described the venture in detail but never explained what the programme itself would add.

  3. Chapter 03

    How we supported

    We identified the entrepreneurship scholarship deadline at the start of the process and treated it as the real deadline, which changed the whole timeline.

    We worked through the venture proposal across four drafts, tightening it from a product description into a case for what the next eighteen months would require and where the programme fitted into that.

    We restructured the motivation letter around the same question, which is the one selection panels are actually reading for.

  4. Chapter 04

    The admission journey

    The scholarship application and venture proposal were submitted in early March, ahead of the mid-March close. The admission application followed in April.

    The offer and a 30% entrepreneurship scholarship were confirmed together in May. The student visa was applied for in June and issued in August, and Tomas arrived in Barcelona in early September.

  5. Chapter 05

    The outcome

    Tomas completed the MSc Entrepreneurship and Innovation programme in 2025 with a 30% scholarship, and the venture is continuing with support from the school's incubator.

Photographs

Moments from the journey

3 photographs

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Sara Karimi

Sara Karimi

MSc Business Analytics

Danube International University

September 2024 intake

Four countries were on my list and they looked interchangeable to me. Putting the real costs side by side made the decision obvious in about twenty minutes.

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