A new scheme to support digital creativity in the UK has been launched at Manchester’s MediaCityUK.
Co-funded by Creative England, the University of Salford and the Peel Group, the UP accelerator will aim to nurture new talent in fields such as music streaming, eCommerce, social media and Big Data. It is seeing out exciting cross-sector ideas that show innovation in the space, say the organisers.
Now it is seeking businesses that have an exciting prototype or early stage product, service or platform. The project aims to develop both the product and the team behind it.
“We’ve taken the very best bits of the very best accelerators around the world, and included a comprehensive package of investment and support,” commented Danny Meaney, UP’s founder and CEO.
“These include investors, a unique and radical business knowledge development programme, and a relational investment process that means the start-up entrepreneurs are going to be developing genuine, face-to-face relationships with their likely investors from day one.”
Early stage entrepreneurs will be offered desk space at MediaCityUK as well as invitations to workshops, mentoring and coaching, online storage and hosting, training in pitching and investment, and access to legal, accounting and bookkeeping services. They will also have the chance to develop enterprise relationships with UP’s partners, which include Microsoft, Channel 4 and BT.
The project strengthens the work of MediaCityUK in establishing Manchester as a regional hub of creative industries and ideas. Jim Farmery, Business Investment Director at Creative England, said of the initiative: “Manchester is known as one of the biggest clusters for creative and digital businesses in Europe.”
“Since its inception three years ago, Creative England has invested over £1million in almost 30 companies across the region, and being involved with initiatives such as the UP accelerator is a great way for us to continue supporting innovative ideas from a rapidly growing Northern tech cluster.”
Manchester-based companies have until January 9th to apply. More information can be found at www.upaccelerator.com.