Industry News | 12.08.2019
ENTREPRENEURS are being urged to apply for a new funding and support programme which could be a game-changer for new businesses.
Registers of Scotland and Ordnance Survey have joined forces to launch the Geovation Scotland Accelerator Programme, offering successful applicants up to £15,000 each and access to a wealth of data, mentoring and resources.
The programme is open to new businesses operating in all sectors across Scotland. The deadline for applications is Monday 2nd September, 2019.
The first cohort will be based at a dedicated innovation hub in Meadowbank House, Registers of Scotland’s Edinburgh HQ.
Over a twelve-month period, the businesses accepted onto the programme will be able to access resources including experienced software developers, property expertise from Registers of Scotland, geospatial expertise from Ordnance Survey, and mentorship on business proposals and investor relationships.
The Geovation programme already operates successfully in England. Over the three years since its London launch, it has created more than 200 jobs, helped 84 companies through its programme and seen these companies raise £23.3M in funding. Among its success stories are Digital-Field, who provide digital solutions for better land management to improve soil health, food production and reduce environmental impacts, and RenKap, an online marketplace working to alleviate the housing crisis by scaling the delivery of affordable homes.
Edinburgh-based Topolytics has also benefited from data available under the Geovation programme. Dr Michael Groves, the firm’s founder, said: "We are delighted that Geovation Scotland has launched with the winning combination of the Registers of Scotland, and the power of their data and expertise, and of course Ordnance Survey. It is one of the best and most commercially focused accelerator programmes around.
“Collaborating with Geovation is really important for us and we are working together on a pioneering project to track all of the UK's waste. This gives us access to best in class insights on addressing, spatial data and visualisation, feeding into our business mission to create a 'smart grid' for the world's waste.
“We’d encourage any tech start-up, whether they think they are geospatially-focussed or not, to apply and get involved in Geovation Scotland.”
Jennifer Henderson, the Keeper of the Registers of Scotland, said: “I am delighted that we are able to offer this opportunity to entrepreneurs. Geovation Scotland will support creative people to use our data to create their own businesses, and to benefit the wider Scottish economy and the people of Scotland.”
“Our role in the creation of Geovation Scotland is playing a key role in turning our data into a live resource, as well as crucial reference material.”
Head of Geovation, Alex Wrottesley, said: “We’re really pleased to be working with Registers of Scotland to open Geovation in Scotland, and we are looking forward to getting to know the Scottish start-up community.
“Geovation plays a driving role in helping British GeoTech and PropTech start-ups become leading players on a domestic and global stage, and the opening of this new Accelerator Programme will be fundamental to the continuation of that.”
To apply or for more information go to: https://geovation.uk/accelerator/.
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