Feeds

UK.gov spunks £500k to create jobs in startup marketing businesses

'Sustainable growth' from 'brand engagement'

Top three mobile application threats

A pot of £1m has been promised to 10 UK start-ups as part of a "business accelerator" plan managed by Creative England. Funding for the venture has been partly provided by the Department of Business, Innovation and Skills, whose Regional Growth Fund poured £500k in loan capital into the pot.

The other £500k is equity investment raised from private sources.

Applications for the accelerator programme "Collider12" are open now and it's looking for early stage businesses that can "help brands engage with their customers".

The "acceleration process" will involve mentoring, client feedback and cash for the lucky 10 start-ups.

Each chosen company will get £100k.

In the "Collision phase" of the acceleration, the start-ups are matched up with brands and, er, "collided". The 10 big businesses will be announced in November.

The winner will be the UK economy, says Simon Corbett of Jargon PR. His company is one of the three mentors onboard to guide the businesses through the collision process. Corbett said: "The aim is... to create financial returns and jobs and contribute to sustainable growth for the UK economy."

The other mentors are law firm Taylor Wessing LLP and financial advisors Kingston Smith LLP.

Michael Fallon, Business and Enterprise Minister said: 

The Regional Growth Fund is playing a pivotal role in supporting programmes such as Collider12 to give small business the chance to exploit new opportunities in the creative and technology sectors.

To apply, small businesses should visit the collider site and fill in an application before 2 November. Offers will be made to successful applicants by 14 November. ®

Top three mobile application threats

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.