A Malvern company has announced a new partnership which will see the launch of a programme to support start-up technology and digital businesses.
BetaDen will launch BetaDen Incubate with the aim of supporting up to 60 start-ups over four intakes, with the first commencing in July.
The programme, which follows the technology accelerator's partnership with Barclays Eagle Labs, will be match-funded by Worcestershire Local Enterprise Partnership and supported by the Barclays Eagle Labs Ecosystem Partnership Programme.
Successful applicants will receive bespoke support catering to their needs including face-to-face workshops, business guidance from BetaDen's team of commercial mentors, dedicated office space at Worcester co-working space The Kiln, and connections to BetaDen and Barclays Eagle Lab’s partner and alumni network.
Donston Powell, external affairs director at BetaDen, said: “This is an exciting development for BetaDen, which will allow us to extend our specialist, commercially-focused support for technology and digital businesses to earlier-stage businesses across the county.
“While BetaDen was named best accelerator in the UK in 2022, Worcestershire is one of the country’s best-kept secrets when it comes to technology expertise.
"However, the county has a rich history of developing revolutionary technology dating right back to World War Two when it was a centre for radar development.
“As home to one of the country’s first 5G testbeds, it is perfectly placed to support exciting technology businesses on the front wave of the digital revolution and we’re looking forward to working with more early-stage, technology start-ups to develop their ideas and deliver nimble technology solutions to the world’s problems from right here, in the heart of the country.”
Amanda Allan, director of Barclays Eagle Labs, added: “We are excited to be facilitating this funding to help BetaDen launch its new tech incubator and we are very much looking forward to seeing this support reach tech businesses in Worcestershire.
“Using our Ecosystem Partnership Programme, we are allocating funding to organisations like BetaDen that are already plugged into their regional ecosystems.
"Our support for BetaDen and similar organisations highlights our ongoing commitment to support the tech sector, which is vital to the continued growth of local economies across the whole of the UK.”
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