Businesses and tech entrepreneurs have only three weeks remaining to apply to join the highly innovative BetaDen, with the 17 May deadline fast approaching.
Ten successful applicants will be offered a place in partnership with BetaDen, which offers knowledge, expertise, and a range of business and financial support to drive future tech into the market place.
Uniquely, BetaDen is able to boast a package which includes proof of concept funding*, investment coaching, business mentors, and marketing funding to budding entrepreneurs and technology businesses who are keen to develop and grow their ideas in a thriving, technology focused environment.
The businesses and entrepreneurs involved with BetaDen’s previous cohort have been able to draw upon the accelerator’s well connected location in Malvern, Worcestershire, which is developing a strong international reputation for its cyber tech cluster known as ‘Cyber Valley’. Malvern’s Cyber Valley has the highest concentration of cyber companies in the UK and exports to customers in more than 60 countries worldwide for cyber security and software.
As an example of Malvern’s cutting edge in innovation and connectivity, during 2018, BetaDen became co-located with one of the UK’s first 5G Testbeds.
Linda Smith, Founder and CEO of BetaDen, said: “Worcestershire’s reputation as the UK’s cyber lead outside of London continues to grow, and we’re delighted to be the region’s first tech accelerator that can offer such a unique and diverse package to prospective businesses.
“Our Cohort 2.0 programme exemplifies everything Worcestershire has to offer: growing development opportunities for SMEs, Research and Development facilities for larger businesses or technology scale-up businesses, a platform to create new concepts and work with experienced professionals in the tech field, and a strategic and financial support system. All of these factors together could potentially be very rare to find outside of an accelerator”.
David Sidaway, Founder of Sidaway Technologies and Cohort 1 member, said: “BetaDen has definitely helped advance my ideas and product. BetaDen gives you a framework to look at how you are going to commercialise the ideas and the technology you have. There is a combination of having mentors that provide information and tailored one-to-one sessions to help you make decisions about your business, it helps you to assess what you should be doing and when, so therefore BetaDen is an overall package that really helps.”
BetaDen’s launch was funded by Worcestershire Local Enterprise Partnership (WLEP) with support from leading local technology businesses.
For more information on applying to BetaDen, visit the BetaDen website to complete an online application form. The WLEP and delivery partners will then be shortlisting businesses to progress applications, before selecting the final cohort.
*Proof of concept grant funding approximate value is £15,000, subject to eligibility.