Data and securityGeovation accelerator programme returns for 2019

Geovation accelerator programme returns for 2019

Start-ups with innovative geospatial or property technology ideas are invited to apply for 2019 Accelerator Programme.

The Geovation Accelerator, the Ordnance Survey and HM Land Registry backed partnership dedicated to supporting open innovation and collaboration using location and property data, has returned for 2019.

The application process has opened for the Accelerator Programme, which is based at the Geovation Hub in Clerkenwell, London.

The programme, which has been running since 2015 and already created nearly 200 jobs, helps GeoTech and PropTech start-ups reach their potential – and delivers tech being used in the public sector. It puts the young companies in touch with a network of mentors who are established entrepreneurs, industry leaders and advisers.

A grant of £10,000 for six months, with the opportunity for another £10,000 afterwards, is available, along with 12 months’ free desk space at the world-leading Geovation Hub.

Programme members are given access to technical expertise, Ordnance Survey and HM Land Registry data, and open data sources. They also receive one-to-one sessions and workshops covering finance, fundraising, business planning, legal and intellectual property, company law and coaching on presentations and pitching.

Alex Wrottesley, Head of Geovation, said: “We want to hear from any new start-ups, entrepreneurs and developers looking to solve customer problems with location data, or creating new digital solutions in the land and property sector.

“Geovation offers a unique combination of funding, expertise, relationships and resources and the teams on our programme find themselves at the heart of our vibrant GeoTech and PropTech community.”

Backed by Ordnance Survey and HM Land Registry, the Accelerator Programme has produced a steady pipeline of success since its introduction in 2015. A total of 84 start-ups have gone through the programme, creating more than 200 jobs and raising £23.3 million in investment funding.

Names to pass through the hub’s doors include property licensing data company Get Rentr and drone software company Trik, which turns drone photo feeds into interactive 3D models for the structural inspections of buildings.

Jonny Britton, co-founder of land data platform LandInsight, went through the programme in 2015. He said: “Geovation has a technical group of people who could give you real-time consultancy to how you can start moving faster with that data to put it into your products. Whenever you are with a group of people who are really pushing those boundaries, it’s a fantastic place to be.”

For more information on how to apply to the Geovation Accelerator Programme, visit geovation.uk/accelerator/.

Last year, the Geospatial Commission announced it is to invest £5m to help unlock the value of geospatial data.

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