Exeter Velocities Start-up Accelerator
Exeter Velocities is a start-up accelerator programme offering support and funding for entrepreneurs with ideas to improve mobility and reduce our dependence on fossil fuels. It does this through three programmes that focus on supporting the development of a start-up as it moves from idea to impact – Nurture, Advance, and Immersion.
Nurture is our six-month innovation incubator offering support and grant funding for start-ups and early stage ventures. Nurture offers you access to mentors, training and a network to shape your concepts and ideas into a realistic business proposition by providing you with a platform to deploy your product or service in Exeter.
The Nurture innovation incubator, will help you define, test and present your MVP as you seek to create a business which may apply for future investment or access to the Advance element of Exeter Velocities.
Advance accelerator programme
Advance is a dynamic accelerator programme of investment and support, with a four-month renewal window, for developing businesses with the potential for significant growth. Advance offers access to angel investors with potential for co-investment as well as consultant-led support to prepare for future Series A fund-raising.
In short it can help accelerate and scale your business, ready for Series A investment and beyond.
Immersion challenge-based procurement
Our Immersion Programme enables public sector organisations to adopt challenge-based models of procurement and to co-develop innovative solutions to key problems alongside start-ups. Immersion allows public sector organisations to acquire customised tools to their unique problems and start-ups to provide products that are easily adapted and scaled for customers.
Each Immersive Challenge is issued as an Invitation to Tender (ITT) making the procurement process as light as possible. And although each challenge includes specific objectives that must be achieved, it is phrased as an interesting question to be solved rather than requesting a specific solution.