Startup companies are in a far better position for getting from blueprints to success right now than they were 10-20 years ago. We can see this with the fact that the number of incubators and accelerators in the United Kingdom alone exploding in number.
According to the more recent figures, there are over 200 incubators and more than 181 accelerator programmes available to provide some level of support for companies. This means two things specifically for the UK and startups in it, the first being that it stands out as a veritable hub of innovation for new entrepreneurs to get started. The second, of course, being the point we started within this article - if you're a startup, you're in luck.
So while there are so many accelerators out there, which ones truly stand out from the rest? Well, that's what we're going to look at in this article - the Top Accelerators within the UK.
Nowhere holds a torch for startups of all kinds in the same way as London does. In fact, according to Cushman & Wakefield's 2018 report on working spaces, London is the global capital for working spaces for startup companies. Same applies for accelerators, making it the best place to start.
This accelerator comes with a really remarkable number of success stories for startups that it's helped over the years. These include some Fintechs and challenger banks like Transferwise, Revolut, and Zemanta.
SeedCamp provides a great deal of support for startups, from shared working space all across the world, including a very meticulous approach to onboarding and supporting startup companies. Including a considerable amount of exposure to partnered Angel and VC investors.
Seeking to stand out from the rest, RocketSpace offers its startups industry-focussed support, guidance, and tutelage under a highly skilled team of mentors and partners. Along with this mentorship, the accelerator also features thorough support thanks to the guidance of corporate collaborators and prior members of its alumni.
Having supported more than 1,024 startup companies throughout its countless number of cohorts over the years, TechStars, as the name would suggest, is highly focused on the application of technology in disrupting a large number of industries.
Along with providing an extensive amount of support, TechStars provides startups with more than 400 various perks valued at around £1m, along with £100,000 convertible note once your startup is accepted into the accelerator program.
StartPlanet NI - Belfast, Northern Ireland
StartPlanet is an interesting stand-out as an accelerator based in Northern Ireland. Offering startups anywhere from £20,000 to £100,000 depending on the company for 6% equity.
The programme runs for 6-9 months depending on the cohort, and provides entrepreneurs with all they need to get started; with legal, financial, and business support.
DotForge Accelerator - Sheffield, Manchester, and Leeds
Typically, the DotForge Accelerator programme runs for roughly 13 weeks, offering each founder £5,000 up to a maximum of £15,000 in capital to get the startup on-boarded and started.
DotForge has its sights set more on startup companies at their very early stages, along with offering support for Community Interest Companies (CICs) and charities. And with a growing network of investors, CEOs, and mentors, DotForge offers a great deal of support.
Much like with any 'best of' list, there is a certain amount of subjectivity associated with it. As a result, we'd love to hear your thoughts about which accelerators you believe deserve recognition.