Startup Weekly: EY’s Accelarator Program, UK FinTech trade mission to Australia & more
It’s been another exiting week in UK tech … here’s your weekly round up of startup competitions, awards, co-working space and accelerator news.
EY Accelerator
EY is accepting applications for the EY Accelerating Entrepreneurs program, which seeks to help business scale across borders.
As part of the program, entrepreneurs will get access to business and industry leaders on EY’s network. Participants will also be within a chance to attend the EY Strategic Growth Forum in Rome next year. Once there, entrepreneurs will join selected startups from across Europe and Asia Pacific.
Applications close on 9 December.
FinTech trade mission to Australia
The UK Department for International Trade (DIT) will select up to 12 UK FinTech companies to participate in a trade mission to Australia from 20 – 23 March next year.
Selected participants will be given the opportunity to meet with and pitch to Australian financial institutions and VCs, visit FinTech hubs, meet Australian regulators and government ministers and network with the local FinTech community.
Director general of the UK’s Department for International Trade, Australia & New Zealand, Nick McInnes said:
“We are very pleased to have the opportunity to bring a group of UK FinTech companies to Australia for the first time and introduce them to the local market. While FinTech in Australia is still in relatively early stages, the industry is growing rapidly and there are many opportunities for UK companies to set up, collaborate and succeed.
“The FinTech market in Australia is forecast to grow to over AU $4 billion by 2020, of which AU $1 billion will be completely new added value to the Australian economy, so now is an ideal time for UK companies to enter the market,” added McInnes.
Apply here.
The Trampery Republic
The Trampery is accepting applications for The Trampery Republic, a new innovation facility in East London.
The space will accommodate startups, designers, artists, producers and others developing bold new creative ideas.
Charles Armstrong, founder of The Trampery, said “The Trampery Republic is a year-long experiment bringing together creative innovators from different sectors and stages of development in a spectacular location. This will be a unique cocktail for new ideas and creative cross-fertilisation. As a response to London’s cost-of-living crisis for emerging creatives we’re committed to providing facilities free of charge to the most talented early-stage ideas.”
Creative England and Barclays partnership
Creative England and Barclays have partnered to focus on boosting fast-growing, creative technology businesses through a new accelerator.
The 12 week workshop will cover topics such as business planning, sustainability, leadership, culture, global impacts and markets and audiences and evaluation.
Matt Hancock, Minister of State for Digital and Culture, said: “This government is committed to backing the success of the UK’s creative industries as design and digital capability will be at the heart of the future economy. This great initiative from Creative England and Barclays will help deliver vital knowledge and skills to businesses in this sector and ultimately boost the number of UK scale-ups. I’d urge any creative business wanting to expand and grow to apply for this scheme.”
The programme – aimed at companies with digital ideas, including apps, gamification, IoT, VR, AR and 3D modeling will offer eight investments to creative tech and digital companies with an interesting product to market.
Applications are now open for the Barclays’ Eagle Lab Flight programme starting in Brighton in 2017, the deadline is 31st December 2016 and is open to customers and non-customers of Barclays.
Startupbootcamp FinTech demo day
Startupbootcamp FinTech London hosted its Demo Day yesterday to showcase ten of its companies.
“This is the third year we have run Startupbootcamp FinTech in London. We continue to see an incredible amount of talent, innovation and ingenuity by the entrepreneurs, and also increasing involvement from our corporate partners, mentors and industry experts. If someone is really interested to know what is going on in FinTech, they need to be here. The variety of the startups who applied to our program this year is remarkable.
“We received more than 400 applications from startups across 61 different countries for an opportunity to build their businesses working together with the biggest players in finance. Despite the uncertainty caused by Brexit, 70% of the companies are planning to stay in UK as well as also open into new markets such as Asia and US,” said Francisco Lorca, managing director of Startupbootcamp FinTech London.
The ten FinTech companies were:
Enterprise Bot seeks to change the way financial companies interact with their customers by using AI powered virtual assistants.
europeone bringing borderless banking on your phone or in your pocket.
KyoLAB bridges the gap between compliance and mobile messaging.
moBILLity helps consumers save money on their recurring bills effortlessly. Through connecting financial and non-financial data, moBILLity enables consumers to unlock significant savings on their bills through a chat based solution.
PACE Invoice helps SME’s to receive payments from their international customer base.
Penta is a digital bank for SMEs.
Trakti claims to help companies cut 30% of their operational costs linked to contract negotiation by allowing them to seamlessly connect, negotiate and close deals online with counterparties on its B2B platform.
Zenith One offers an intelligent white label platform designed for Financial Advisors to capture the next generation of investors.
Zeroflows enables asset managers to access first hand information and hard to find liquidity in emerging and frontier stock markets.
Railsbank, Startupbootcamp FinTech London’s ‘Startup in Residence’ enables stress free access to global banking for finTech Companies with a simple and easy to use API.
That’s it for now … stay tuned for next week’s edition!