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Southampton start up accelerator programme now open for applications

13 March 2019 No Comment

Apply now for a fully funded short programme at Catalyst: the South of England’s most successful accelerator for early stage businesses.

Southampton Science Park has revealed details of its Catalyst programme for 2019 and has announced that applications are now open for this sought-after accelerator for business start-ups.

Catalyst is a unique opportunity for entrepreneurs with an early stage business – or an ingenious idea for one – no matter whether they’ve been in business before or not. Valued at up to £15,000, the scheme is fully funded for successful applicants.

 

On completion, participants will have created an investment-ready Business Plan, Management Team Plan and Funding Plan and benefitted from high-level one-to-one mentoring and commercially focused weekly peer group workshops with world class business leaders. Importantly, no stake is taken by any party involved in Catalyst so that entrepreneurs retain all equity in their businesses.

 

Such has been the demand for places on the programme, the decision has been taken to increase the ability to participate by running three shorter, more intensive schemes each year rather than one annual programme, as Catalyst Founder and Science Park CEO, Peter Birkett, explains: “We have been working to find ways to increase capacity on Catalyst and to further enhance participants’ experience and outcomes. Getting fledgling ideas to market quickly has never been more critical, so our aim with Catalyst 2019 is to fast-track compelling business concepts into high potential commercial operations by shortening and intensifying the programme and hosting three schemes annually. We look forward to welcoming our first group of entrepreneurs this Spring.”

The first Catalyst programme for 2019 commences in April with introductory days being held this month. Find out more and apply at https://www.science-park.co.uk/grow/start-up/catalyst/fast-track-your-business-idea

Start-up Utonomy was successful in applying to Catalyst in 2015. The Catalyst coaching team worked with them to develop a business model, support team building and raise funds. Since then, the company has grown quickly, securing its first contract of over £500,000 and attracting significant investment to accelerate future product design and development. The company remains at Southampton Science Park and now employs 12 people.

CEO, Adam Kingdon, commented: “I believe we have an incredible future ahead of us. We’ve been able to raise significant investment of over £2m with the potential to grow into a very substantial business. Part of that is due to the very good start we’ve had at Catalyst. It can get any new business off to the best possible start.”

He continued: “Catalyst propelled my business forward in a way I couldn’t have previously anticipated. I came into Catalyst with an idea that was just a few months old; I now have a solid value proposition, a great team and funding to push it to the next level. I’d encourage anyone thinking of taking the leap into entrepreneurship to apply to the Catalyst programme today.”

ENDS

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