Thank you for your reply. Did any of the S12 graduates start as a no idea?
Yes, 5 did.
You should check these guys out: you can apply with no idea AND no team, then find both after joining. (Ignore their corporate-looking website, they're very switched on). http://entrepreneurfirst.org.uk
Thank you for the information. But it seems it is aimed at UK graduates only. I am based in the US and am no longer in school.