Closed Thursday, Jul 5 2012 at 23:00 GMT
Sep 3 - Dec 11 '12 (14 weeks)
ignite100 is a mentorship-led accelerator program for start-ups but with a big £100,000 difference.
We provide seed capital, office space and mentors, and the runway necessary to sustain momentum after the end of the acceleration programme.
ignite100 comes in the shape of an intensive 13 week programme based in Newcastle in the North East of England.
We’ve learned that at the heart of ignite100 should be the exchange of experience, advice, know-how and counselling provided by over 50 great mentors including experienced entrepreneurs and venture capitalists.
We initially provide teams funding of £5,000 per founder (up to a maximum of £15,000). The founders move to Newcastle for the 13 week programme where they receive intense mentoring and business support. Subject to the teams achieving pre-agreed milestones, the balance of the £100,000 will be released in the form of a convertible loan note. more