The Accountancy Cloud are delighted to partner with Bethnal Green Ventures for this September’s accelerator program in providing expertise advise and mentoring on funding, growth, R&D and tax efficiency to the chosen lucky 12 teams.
Bethnal Green Ventures ( BGV) is an accelerator program with a mission to develop tech-based solutions to the world’s social problems. When Bethnal Green Ventures launched in 2011, it was one of the first social accelerators in Europe. It was also one of the first organisations to be funded by the Cabinet Office’s Social Incubator Fund (with match funding from Nesta and the Nominet Trust) in 2013.
Accelerator programs are designed to support early stage ventures with five main features which set them apart from other approaches to investment or business incubation: an application process open to all, pre-seed investment, focus on small teams, time-limited support with events and mentorship, and cohorts. Bethnal Green Ventures has shaped its programme to support tech-based social ventures.
Bethnal Green Ventures offers two programmes a year, taking on 12 teams per opening.
Teams with ideas for a product or service that uses tech to change a social or environmental problem. BGV invest £15,000 in each team in exchange for 6% equity and a provide three month programme of support, mentors, office space and advice to help build, test and launch each startup.
Good Luck to all 12 Teams.
We can wait to see the progress the teams make over the next 12 weeks!