Funds £ 5K per team
Takes 3% equity
Funds 16 startups per year
Markets Consulting Hardware Internet of Things Manufacturing Robotics +5
Invests in Europe United Kingdom
*** If you are selected for the programme, it is necessary to register your company in the UK. We would expect you to raise capital in the UK ***

LONDON’S HOME OF HARDWARE

Central Research Laboratory (CRL) is a London based Hardware Accelerator and Coworking space for innovative startups that design and make physical products.

CRL supports designers and engineers at every stage of the entrepreneurial journey – from concept development, through prototyping and first batch and beyond – with mentoring and investment provided along the way.

We help ambitious hardware startups accelerate their journey towards manufacture and scaling production and sales. We cover business model, prototyping, design for manufacture and a chance to pitch for further funding for up to £100k. Startups receive a £5k grant on entry plus a fully funded manufacture trip to Shenzhen, China or a relevant European manufacturer. The programme also supports startups to become investment ready, scalable business...
*** If you are selected for the programme, it is necessary to register your company in the UK. We would expect you to raise capital in the UK ***

LONDON’S HOME OF HARDWARE

Central Research Laboratory (CRL) is a London based Hardware Accelerator and Coworking space for innovative startups that design and make physical products.

CRL supports designers and engineers at every stage of the entrepreneurial journey – from concept development, through prototyping and first batch and beyond – with mentoring and investment provided along the way.

We help ambitious hardware startups accelerate their journey towards manufacture and scaling production and sales. We cover business model, prototyping, design for manufacture and a chance to pitch for further funding for up to £100k. Startups receive a £5k grant on entry plus a fully funded manufacture trip to Shenzhen, China or a relevant European manufacturer. The programme also supports startups to become investment ready, scalable businesses.

The standard terms for taking part in the CRL Accelerator are for an option to take 3% equity in your business in return for £5k investment.

Our next cohort starts in April 2019.

Criteria to apply

· A working prototype
· Preferably 2 or more founders in the team
· The desire to build a scalable physical product business
· A product or business model displaying genuine innovation

Whether you are working on your product and don’t know how to turn it into a business; an early stage startup looking for scalable growth and funding; or currently going through the process of design for manufacture - we would like to hear from you!
More information

Staff

Anneza Pitsialis
Admin
Anneza Pitsialis Programme Manager, Central Research Laboratory
Jim Reeves
Admin
Mark Elliott
Admin
Mark Elliott Lean Start-up Business Builder and Coach | Business and Entrepreneurship Educator
Mat Hunter
Admin
Mat Hunter Co-CEO Plus X & Central Research Laboratory
Su Weeks
Admin
Su Weeks Project Manager
Toby Kress
Admin

Startups/Companies

Work with Our Startups

Recommendations

Matthew Gilbert

CRL was critical for me in developing my latest product for a number of reasons. I was able to increase my understanding of mechanical engineering and working with metal, to a level that allowed me to create quite advanced prototypes. I was also given a wealth of incredibly useful contacts for the road ahead. Besides this it enabled me to become part of a rich and diverse community of makers and entrepreneurs.
I can't really put a value of on the level of support received at CRL and how useful it is for early stage start ups but I would heartily recommend anyone considering it to take the plunge and apply.