Travis Perkins BreakThru accelerator set to build strong foundations with investable startups

by Startacus Admin

Travis Perkins BreakThru is an 11-week accelerator programme with the UK’s largest supplier of building materials, covering 22 businesses with over 2000 branches and stores across the UK.

Travis Perkins plc, the UK’s largest supplier of building materials, are looking for innovative startups that can help improve the services they offer to their customers, while also challenging them internally. Over the course of an 11-week accelerator programme, startups will be given the chance to validate their product or solution with Travis Perkins.

Successful teams who are selected for the programme, will also have the opportunity to pitch for investment from Travis Perkins and corporate innovation specialist and early-stage investor L Marks in exchange for equity, whilst also receiving internal support and mentorship.

Head straight to Travis Perkins BreakThru programme page to make that all important application and to read over all the details and FAQs. We have also handily highlighted some more of the key details below:

Travis Perkins BreakThru are looking for startups that can offer innovative solutions in the following business areas:

Keeping People Safe: Products and solutions that will help improve health and safety for both customers and employees. Startups that can provide a more visual approach to best practice while also focusing on prevention are of particular interest.

Connected Home, Work and Fleet: This category looks for IoT solutions that can improve connectivity at home (i.e. heating, lighting, electronics) and look for fleet and workforce efficiencies internally within the TP network. In turn, it is hoped data collection in both areas will help with predictive maintenance (i.e. appliance or fleet repairs) and offer their customers a better service.

Sharing and Managing Knowledge: BreakThru is looking for startups that can help utilise the knowledge and expertise Travis Perkins employees have and share this effectively around their network. Solutions in this category may include those that can allow all employees to have streamlined access to things such as product knowledge and best practice.

Digitising our Customer Journey: Travis Perkins are interested in creating a seamless digital experience for their customers through online technologies and processes. Opportunities that feed into the above include new delivery options and visual mockups of the products and services Travis Perkins offer.

Wildcard: The wildcard category allows startups to suggest how they might help Travis Perkins innovate in an area they might not have thought of yet.

What’s on offer to the startups?

The programme, being run in collaboration with L Marks, a corporate innovation specialist and early stage investor, provides a number of key benefits to the selected startups: 

• Mentorship from senior leadership at Travis Perkins and subject-matter experts from across the sector

• Access to Travis Perkins scale and network, covering 22 businesses with over 2,000 branches and stores across the UK

• Development opportunities and product validation

• Pilot opportunities in Travis Perkins stores and networks

• Chance to pitch for investment from L Marks and Travis Perkins
  

Timescales

• Applications to apply to BreakThru close on the 2nd August

• Shortlisted startups will then have the opportunity to attend a pitch day on the 14th September

• Selected successful startups will then join the BreakThru accelerator programme, starting on 9th October with the programme ending on the 11th January 2018 with a Demo Day.

So, if you think your startup can help Travis Perkins build on the services they currently offer to their customers, while also challenging them internally go to Travis Perkins BreakThru programme page to find out more and apply.

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Published on: 8th July 2017