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Entrepreneurial Spark Powered by Natwest, opens its doors for growing and scaling businesses and those seeking investment

Tue 31 / 01 / 17

Entrepreneurial Spark Powered by Natwest, opens its doors for growing and scaling businesses and those seeking investment

 
Fiona Anderson, Entrepreneur Development Manager for Natwest talks about the new sprint programme at Entrepreneurial Spark and the move to work with high growth, investment ready businesses. 
 
When does the new entry criteria for the Brighton accelerator start?
We are rolling out the new sprint programme with effect from February 2017.
We welcomed 34 new businesses onto the sprint programme today for the 1 day bootcamp introduction and will run our second bootcamp on the 31st January for those businesses staying on with us for a further 12 months.
 
What kind of businesses are you wanting to attract to apply?
We are looking for all stages of business, early stage and ideas and those who are growing and scaling and looking for investment. 
 
There are 4 key stages
  • ‘Sprint’ for early stage and ideas (3 months)
  • ‘Enable’ (after initial 3 months of sprint)  move into more focused 1-1 enablement for a further 6 months
  • ‘Build’ is for businesses who are turning over at least £10k a month and have secured early stage SEED funding of a minimum of £25
  • ‘Grow’ is for businesses turning over a minimum of £150k per annum and/or  secured a minimum of £150k of investment, looking to grow and possibly have a small team

The maximum time anyone can stay with us will be up to 21 months. This very well may not be a consecutive 21 months, each stage can be applied for and accessed when the business most needs it.

How do people find out more?
Please visit the website at www.entrepreneurial-spark.com
We also run regular tours so please do apply on the website to come along to the next one on the 21st of February.
Also follow me on twitter @FiAnderson_NWB and Entrepreneurial Spark @ESparkglobal
 
How do businesses apply?
We are open for businesses to apply for any of the stages.
 
We are always looking for mentors and those who want to invest in our businesses so please do contact me if you are able and willing to help
 
Thank you to Fiona from Entrepreneurial Spark and Natwest for providing this blog. 
 

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