Investment

North East tech entrepreneurs are invited to apply for Ignite’s latest accelerator programme.

The eight-week programme will enable successful applicants to receive bespoke investment coaching and expand their connections with a funded trip to the United States.

The programme opens up global investment opportunities by surrounding North East founders with experienced mentors who have raised significant rounds of investment themselves. It will also leverage Ignite’s global network of investors to help founders create new connections.

The accelerator, which runs from September to November 2022, is part of a series of programmes Ignite has committed to delivering in the region, and is funded by the North of Tyne Combined Authority. 

Jo York, programme manager at Ignite, said: “I’m really excited to introduce founders to international investment opportunities.

“With the 2022 Accelerator, we have eight spaces available for teams who are looking to raise investment to help them grow and compete on a global scale. The contents of the programme will be shaped around the needs of the founders, and what they need to scale their businesses.

“We’re looking for founders who have already validated their models, meaning that they are either in-revenue or have successfully validated their market.

“If you’re not sure whether that’s you, or if you have any queries about the programme, please don’t hesitate to reach out before applying. I’m always up for a cup of tea and a chat.”

US tech firm to create 350 jobs in Newcastle & Manchester

The Accelerator follows the completion of Ignite’s 2022 Pre-Accelerator programme, which saw 15 startups validate and test their businesses over a period of five months.

Ignite has been running accelerators for over 10 years, with more than 300 companies supported across its programmes. Alumni companies have raised more than £150 million, with recent successful raises including Sidequest (raised $3m), Cloudsmith ($15m) and Machinery Partner ($4.5m), with investors joining their rounds from across the UK, Europe and the US. 

Applications will close Wednesday 27th July at midnight. Interested companies can apply via http://bit.ly/igniteaccel22 or book in office hours with programme manager Jo York via https://calendly.com/jo-ignite/open-office-hours-jo-york

£3m Revlifter funding to open Newcastle base