An accelerator partnership

A partnership between a catapult and an accelerator launches a new programme

A partnership between an organisation whose role is advancing the development of an emerging technology and an experienced funder and developer of SMEs has launched a short accelerator programme for a small number of young businesses.

The Digital Catapult and Seedcamp have partnered to launch Augmentor, an equity free programme to support early stage tech businesses developing applications of immersive technologies. The ten-week programme will seek to help advance next generation virtual, augmented and mixed reality early stage tech companies by providing technical and business mentorship.

Digital Catapult’s centre in London will be available to successful Augmentor applicants as a space to work. Dr Jeremy Silver, CEO Digital Catapult said: “Immersive technologies are fast becoming a central part of the digital economy and there is a real demand for access to expertise and equipment in this space. Our new lab will help to provide businesses with access to state-of-the-art immersive technologies under one roof, providing a vital opportunity for them to refine their ideas and test products across the range of equipment on the market today.”

Dave Haynes, from Seedcamp’s investment team, commented: “Having invested in several immersive companies including Splash and TheWaveVR, we’re excited to be launching this initiative to develop a new wave of entrepreneurs solving problems with emerging technologies.

“We’re still on the frontier of what immersive tech can do and what founders need. And European founders will need an investment of both time, expertise and money to succeed. That’s how Seedcamp has been helping startups for years now. Augmentor is the first programme in London looking to bridge that gap for companies working with VR and AR.”

John Whatmore, April 2017

 

See also:

 

Big bets on big ideas – by philanthropists

‘Problem first, tool second’ is a maxim that is common among philanthropists, but far from common in the startup world.

http://wp.me/p3beJt-ip.

 

Recent research suggests that specialised support programmes could facilitate the development of hi-growth SMEs

Recent research showed that the more successful teams in Accelerators tended to be existing ventures, with well qualified teams, focused on the adoption of their products/services, and on building their organisation.

http://wp.me/p3beJt-eh.

 

 

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