Virgin Media today launches a programme to identify and support the most innovative and disruptive digital start-ups from around the world. In partnership with Techstars, a global technology accelerator organisation, the Virgin Media Accelerator' is a three-month mentorship-driven programme designed to support companies working on innovative businesses.
Applicants can apply online (www.virginmediabusiness.co.uk/accelerator), with the deadline on 9 January 2016. Ten start-ups will be chosen to take part in the accelerator programme which will involve an intense, 13-week mentorship and guidance programme. This will give the start-ups access to senior experts from Virgin Media and its parent company Liberty Global, as well as Techstars' global network of more than 7,000 founders, mentors, investors and corporate partners.
Once the 13-week programme has been completed, the 10 start-ups will take part in a Demo Day' in London, where they will each pitch to some of the world's leading investors for the chance to raise capital and secure investment in their businesses.
Start-ups involved in a range of digital sectors are encouraged to apply. They could be involved in: the Internet of Things, telecom infrastructures, customer data and experience, social enterprise, connected homes, connected goods and services, interactive home experiences, connected business services, home health and wellness, and connectivity for social good.
Virgin Media Accelerator powered by Techstars is sponsored by Liberty Global, the parent company of Virgin Media, and will be run in conjunction with Virgin Media Business, the arm of Virgin Media that provides products and services to start-ups and small business in the UK. Virgin Media Business also manages Pitch to Rich, the annual entrepreneur competition to find the most innovative start-ups and small businesses from any sector, not just digital, who win a slice of a £1million cash prize. Virgin Media Business last week launched a report, The UK s £92 billion Digital Opportunity , which revealed digital technologies could boost the UK economy by 2.5% of GDP (or £92 billion), as well as creating over a million new jobs across all industries over the next two years.
Peter Kelly, Managing Director, Virgin Media Business, said: With the support of our parent company, Liberty Global, and our new partner, Techstars, we're delighted to support this exciting programme in the UK. Supporting businesses of all sizes is at the heart of Virgin Media's purpose. Virgin Media Accelerator will give the most exciting digital start-ups a phenomenal opportunity to learn, develop and grow.
Bruce Dines, Vice President, Liberty Global Ventures, said: Innovation and the infinite possibilities offered by a connected world lie at the very heart of our business, which is why we're proud to partner with Techstars to launch the first ever Virgin Media Accelerator programme. There are endless possibilities for the kind of companies who should apply to this programme we are interested in driving innovation, convenience and social well-being across our consumer and business connected world. We look forward to working with the best start-ups in the world to help them bring their brilliant ideas to life.
David Cohen, Co-Founder and Managing Partner at Techstars, said: New technologies enabled by improved networking and connectivity have become critical in all aspects of our personal and professional lives. Techstars is excited to partner with Liberty Global and Virgin Media, two worldwide leaders in this space, to bring a new, connectivity focused accelerator program to start-ups worldwide.
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Virgin Media today launches a programme to identify and support the most innovative and disruptive digital start-ups from around the world. In partnership with Techstars, a global technology accelerator organisation, the Virgin Media Accelerator' is a three-month mentorship-driven programme designed to support companies working on innovative businesses.
