Sussex Innovation has announced Accelerate50, a competition to identify the most game-changing scale-up in the local business community. The winning company will receive a grand prize acceleration package worth £50,000 – including a free office for a whole year.

Accelerate50 is open to any Sussex-based business of more than 4 staff, and the winner will be judged according to three parameters that are critical for growth: ambition, innovation and scalability. Applications must be made before 7th May at the competition page, with the winners announced following a final interview on 20th May.

The winning company will receive a high impact 12-month acceleration prize, which includes:

• A private office for up to 30 staff for one year, including all utility bills, high speed internet connection, free parking and an on-site concierge team.

• Membership of a monthly CEO Club to network and share challenges and insights with other scale-up directors and founders.

• A package of member benefits including discounts and special offers with local retail, hospitality and professional service partners.

• Strategic meetings with a senior member of the Sussex Innovation consultancy team to identify growth opportunities and build connections with potential customers, suppliers and partners.

• Consultancy and practical support to help deliver growth projects including market research, marketing and financial planning.