Less than 1 week to apply for global accelerator
by Startacus Admin
Attention founders with a tech-focused startup!
Do you need some additional support with development and market potential?
There is less than one week left to apply for UK based global accelerator StartPlanetNI!
The 3-month intensive programme will begin in September 2016 in Belfast, and having had a very successful first cohort complete the programme in recent months, the team is planning for even greater success in the autumn. It is a chance to join what is recognised as one of the UK’s fastest growing tech clusters.
The programme has been specifically designed for technology-focused startups who have (ideally) been in operation for 24 months or less, have a business with immediate global market potential, and have a product which has been built to at least MVP stage.
Sound like you?
The programme has space for up to 10 companies and applications are welcome from across the UK and Ireland, and International markets. Five international startups will join with five Northern Ireland startups to share their accelerator journeys.
On offer is a comprehensive programme providing a mix of equity investment, mentoring, co-working space, business support, and the potential for further investment. The programme, which has been created with the support of NI’s regional economic development agency Invest NI, requires a small 6% equity stake in your business in exchange for participation on the programme.
What’s On Offer?
Each company who is successfully selected by StartPlanetNI will receive;
-
total focus on developing your business from a world class programme team
-
equity investment of £15,000, with the opportunity to gain up to £40,000 investment on completion of the 3 month programme
-
3 months co-working space, with an additional 6 month extension without charge
-
Additional significant opportunity for post accelerator investment
-
Potential follow-on support from Invest Northern Ireland
-
Guidance from a host of talented entrepreneurs and mentors
The World’s First ‘Founders Fund’
The team at StartPlanetNI have found a unique and innovative way of promoting and encouraging the spirit of collaboration which is so often fundamental to the success of an accelerator programme.
Each participating team will be given the opportunity to join an optional ‘Founders Fund’. This is a unique model in which each participating business invests a very small percentage of their equity for shares in a fund formed for the benefit of and to be split by all the companies taking part in the programme. This equity is shared amongst all the founders contributing to the ‘founders fund’ thus creating an outcome where each company benefits from the success of their fellow participants.
The deadline for applications is Friday 27th May so you will need to complete your application ASAP if you want to be considered.
But before you do that, check out some of the recent tips, advice and insights which the team at StartPlanetNI have shared with the Startacus community:
Expert Insights From Accelerator Programme Manager Wayne Murphy
Things startups need to consider before applying for an accelerator
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Wilton London exceeds crowdfunding target to support its aim of becoming the UK’s number one eco household cleaning brand
TestGorilla is a startup that's on a mission to help you identify the best candidates and make your hiring decisions faster, easier, and bias-free
Major investment for her1, the digital health impact company that's dedicated entirely to female wellbeing...
Major boost for the NI economy as nanotechnology consortium, Smart Nano NI awarded £42.4m by the Strength in Places Fund to support development of new technology for medical devices, communication and data storage.
As the pandemic may still have an impact on your business in the long term - here are a few things to consider...
Need an organised process to manage the inventory in your startup? Here are a few of the key things to consider...
Ntropy secures major investment to help with expansion of its team, support market growth and future product development.
.jpeg)
Want to make your mark on your industry and elevate your business exposure? These tips will help you do just that...
.jpg)
SKOOT, the only carbon negative green navigation app for drivers launches crowdfunding campaign to help drive its growth and offset vehicle carbon as lockdown eases
.jpeg)
Need to make changes in your business? Karen Dunne-Squire, founder of Elation Experts shares tips and advice on how best to do just that
Published on: 24th May 2016
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Smart Nano NI awarded £42.4m funding from UKRI 22nd Jul 2021 Major boost for the NI economy as nanotechnology consortium, Smart Nano NI awarded £42.4m by the Strength in Places Fund to support development of new technology for medical devices, communication and data storage.
- Ntropy Raises $3.2M for its innovative data platform 20th Jul 2021 Ntropy secures major investment to help with expansion of its team, support market growth and future product development.
- SKOOT plans to accelerate growth with new crowdfunding campaign 20th Jul 2021 SKOOT, the only carbon negative green navigation app for drivers launches crowdfunding campaign to help drive its growth and offset vehicle carbon as lockdown eases
- Collective Benefits raises £6m to help expand the safety net for independent workers 14th Jul 2021 Innovative insurtech Collective Benefits raises investment to support expansion plans and development of new products and services for independent workers
