American digital service agency R/GA will be expanding its Venture initiative by starting a UK based accelerator.
In collaboration with Innovate UK, the new start-up accelerator will support up to 10 early-stage as well as growth-stage start-ups to build and expand their business.
The companies will receive £75,000 in capital investment for up to 6% equity, co-working space at the R/GA’s London office and will also benefit from a set curriculum, a speaker series as well as workshops tailored to enhance their individual goals.
Together with R/GA staff, they will have the opportunity to develop their marketing, design, branding, manufacturing and distribution strategy.
The 100-day program will end with a demo day at which the companies can present themselves to investors.
Katharina Fleiner 01/09/2016