New Startup Accelerator announced by the co-founders of 2012 accelerator, Collider12 Serving early stage Startups with B2Brand business ideas!
<span >5th September 2013 –Creative England and Pembridge Partnership Ltd, the team behind the Collider12 Startup accelerator launched in June 2012, announces the launch of this year’s programme, Collider13. The Collider concept comprises a few main principles which make it an unusual and productive accelerator. These principles carry forward from last year’s Collider12 to this year’s Collider13:
- £100k funding for Startups in a mix of loan and equity
- Incredible Corporate Venturing opportunity for companies with global brands
- Tested selection, investment and collision process
- A focus on regional companies based in the North West, North East, Yorkshire and Humber, West Midlands and the far South West (Cornwall, Devon, Dorset, Somerset, Bristol and Bath areas).
<span >The key dates for the 2013 programme are:
|19th August 2013||Applications open to Startups|
|31st October 2013||Applications close|
|21st – 23rd October 2013||Screening Days|
|25th October 2013||Advisor Committee|
|1st December 2013||Immersion Phase|
|6th January 2014||Collision Phase Starts|
If you are selected for final 30, you need to be available in London for a screening interview on the 4th, 5th or 6th November. If you are then moved forward to present to the Adviser Committee please make sure you are available to pitch on the 11th November, and potentially the Acceptance Committee on the 13th November.
The Pembridge team of Rose Lewis, David Prais, Andy Tait and Mark Adams which co-founded Collider12 are joined by Fiona McAnena who becomes a Director in the operating company Collider13 (Management) Ltd.
<span >Rose Lewis noted: “The 2012 programme surpassed our expectation as the Collision Phase closed and we secured follow-on investment in three Startups, drawing in new investors as well. The formula of Brands working with Startups was immensely powerful for both parties.”
<span >Rose continued “We’re expecting to deepen and broaden the investor, brand and adviser relationships we had with Collider12 into Collider13 – the format works well and the niche is focused and well defined. Collider12 has turned out to be productive for all parties and we will continue with this model with Collider13”.
Jim Farmery, Creative England’s Director of Business Development said that “Creative England is delighted to help launch Collider13 and I’m looking forward to seeing what fascinating technologies and products will be developed by this year’s participants.
<span >“We are levering significant private sector investment of £600,000 against our RGF investment of £400,000, and also looking to create and safeguard almost 70 jobs.”
Startups can now apply via www.f6.com/collider13, while Pembridge is in discussions with Brands and Advisers, and will announce partnerships and alliances to support the 2013 programme in the coming months.
The Pembridge Partnership is a UK-based team of entrepreneurs and investors that help businesses start, grow and exit to ultimately realise value for their shareholders. We specialise in the creation and launch of new businesses and the development of early-stage business to their next capital event, typically acting as investor, adviser, non-executive Director or all three.
<span >Pembridge’s mission is to make a decisive contribution to the economic growth of nations and corporations by helping them create thriving cultures of enterprising businesses serving global markets.
About Creative England
Creative England is a national agency that invests in and supports creative ideas, talent and businesses in film, TV, games and digital media. It aims to grow the brightest, the best, and those with the most promise so that individuals and businesses can achieve their full creative and commercial potential. Creative England helps identify future opportunities to grow the economy and generate jobs. With offices in Salford, Birmingham, Bristol, Leeds, Nottingham and Elstree, Creative England is a national agency with strong local and regional links. www.creativeengland.co.uk
Collider13 is a Startup programme funded by Creative England and delivered in partnership with Pembridge. We provide money, mentorship and market access for Startup companies that solve the problems that brands face. Creative England is backing the programme with £400,000 in loan capital secured from the Regional Growth Fund. The businesses will match this with £600,000 of equity investment raised from corporate and private sources. www.collider13.com
About the Regional Growth Fund
The Regional Growth Fund (RGF) is a £2.6 billion fund operating across England from 2011 to 2016. It supports projects and programmes that lever private sector investment to create economic growth and sustainable employment. For more information please visit <span >www.gov.uk/understanding-the-regional-growth-fund
B2Brand Startups are the genre of mobile, internet, technical and creative Startups which see a business opportunity in products or services that can be of value to global brands. The aim is to take early stage companies through an intense programme working with brands, coaches and mentors so they can create financial returns and jobs and contribute to sustainable growth for the UK economy.
Taylor Wessing LLP, Kingston Smith LLP, KPMG and Field Fisher Waterhouse LLP are advisers to the project and will be participating as mentors in law and finance during the Collider13 Programme.
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