BetaDen, Worcestershire’s commercial tech accelerator is now recruiting for its second cohort. The accelerator is a unique programme dedicated to entrepreneurs and technology businesses in developing new concepts and product solutions co-located with the region’s 5G Testbed project team.
The first cohort went live as a nine-month programme in October 2018, and currently has six entrepreneurs in residence developing next-generation technology solutions, including AI, VR, Blockchain, IOT, Cyber and Machine Learning.
Syndial’s founder Dr David Lowe said: “I am so pleased we were given the opportunity to grow Syndial as part of the BetaDen experience, rather than other conventional tech accelerators. The BetaDen model provides a superior balance offering a team of active mentors with broad and applicable skills mix, a networking framework with regional and national enterprise partners, and motivational support and guidance from the BetaDen team itself.’
Cohort 2.0 will launch with a ten-week recruitment campaign. It will offer up to ten individuals, SMEs or scale-ups intensive support to help design and build their idea and prepare it for market launch or be positioned for investment.
The package on offer includes office space at Malvern Hills Science Park as part of the three-day per week programme, and access to a comprehensive range of support:
Linda Smith, Founder and CEO of BetaDen said: “We want to build on both the success of Cohort 1.0 and the growing business development opportunities in technology that Worcestershire has to offer. The area has the expertise and momentum to be the home of future leading tech businesses for years to come.
“We want to build the region’s reputation as a location for bringing encouraging tech ideas to commercial reality.”
BetaDen’s launch, funded by the Worcestershire LEP with support from leading local technology businesses, runs parallel to the development of the 5G industry 4.0 Testbed following the Government’s £4.8 million project funding to Worcestershire in April last year.
Applications will close on April 30th 2019. The WLEP and delivery partners will then be shortlisting businesses to progress applications, before selecting the final cohort.
To find out more and apply, visit www.beta-den.com/apply.
*Proof of concept grant funding approximate value is £15,000, subject to eligibility.
Co-located with one of the UK’s first 5G testbeds, BetaDen is situated at the forefront of testing and developing future technologies. The testbed provides a revolutionary platform for businesses to develop next-generation technology, such as industry 4.0.
Through the BetaDen entrepreneur journey, innovative tech ideas are encouraged to be turned into real, successful and fast-growing businesses. Cohort members are taken from their initial application all the way to being ready to launch, with the subject experts supporting their development along the way.