The following FAQs have been put together to address just some of the common questions the team are asked on a regular basis. For further information please do not hesitate in contacting the team on either 01905 672700 or info@Beta-Den.com
BetaDen is Worcestershire’s first dedicated commercial technology accelerator, but what does that mean? BetaDen is committed to growing the technology community and eco-system here in Worcestershire through a variety of channels.
A Technology accelerator, is a business program that supports early-stage, growth-driven companies through education, mentorship and financing. Start ups typically enter accelerators for a fixed period of time and as part of a cohort of companies
BetaDen’s Technology Acceleration Programme runs for 6 months and offers 7-10 entrepreneurs the opportunity to accelerate their business or technology concept either to investment readiness or direct to the market or supply chain. The programme delivers specialist mentoring and coaching, a proof-of-concept grant worth up to £10,000, free office space and access to our extensive industry and academic network
Alongside the day to day running of BetaDen, the team are also dedicated to support the wider technology community in Worcestershire. This is achieved through technology based events, thought leadership and sector/industry links plus business clinics here at the Science Park, covering funding support / guidance and networking designed to bring the knowledge and businesses together. BetaDen is co-located with Worcestershire Local Enterprise Partnership and Worcestershire’s 5G testbed teams at Malvern Hills Science Park.
- A package worth over £50,000
- 6-month programme
- Access to Worcestershire 5G testbed
- Access to mentors for advice in: Strategic Marketing, Raising Investment, Product Development, Intellectual Property, Accounting and Structure, Mindset and much more
- Access to £2,000 marketing fund per founder
- Access to the ecosystem and extensive BetaDen Technology Network, Events and Tech Talks
- Dedicated free office space and much more!
Whether you are a cohort member with BetaDen or a business based in the local region, BetaDen is able to assist with support for technology business development or signpost in the right direction
As previously mentioned, BetaDen offer an extensive events programme, open and free to all technology based businesses in Worcestershire and surrounding areas. BetaDen are also able to connect businesses not only with other partnership organisations locally but other businesses open to collaboration, investment and development.
The BetaDen Accelerator Programme is completely free to join - no fees, no commission and no equity is taken by us.
PROOF OF CONCEPT GRANT
Examples of eligible costs include:
Product testing and certification
IP/Trademark
Product launch (exhibitions/events)
New marketing material
Cloud based services
Outsourcing costs for technology development
External market research
MARKETING FUND
BetaDen will provide each cohort member with a Marketing Fund of £2,000 to use with BrandRefinery. This could be used for:
Rapid landing page development & testing
Keyword selection & optimisation
Digital marketing strategy & planning
Brand development
Investor & proposition decks
LinkedIn Audience Building
B2B/B2C Lead Generation
Website design & development
Graphic Design
BetaDen seek to attract new entrepreneurs working in products, services of solutions for the emerging technology
An online application process is the first step in applying to BetaDen, should this be successful, you will then be invited to interview by our advisory board panel. Following this spaces on the next cohort will be offered subject to T’s&C’s.
Applications for Cohort 6.0 programme will close on 1st of August 2022.
- Cohort 6.0 Accelerator Programme – Applications are NOW OPEN!
- The deadline for applications is on the 1st of August 2022.
- Programme Starts September 2022.
Cohort 6.0 Key Dates
- 1st Pitch Practice - 20th October 2022
- 2nd Pitch practise and Christmas Party – 15th December 2022
- 3rd Pitch Practise – 9th February 2023
- Tech Summit – 16th February 2023
- Cohort 6.0 Showcase – 16th March 2023
BetaDen are continuously looking to grow the local tech based ecosystem for collaboration, information sharing and strengthening awareness of the expertise in Worcestershire. Attendance for events is free of charge and probably the best way to find out more about what's on offer.
- Technology based businesses in the UK - must be able to commit to 2-days a week in-person delivery days at the Malvern Hills Science Park, Worcestershire
- Businesses open to collaboration, investment and development
- Early-stage, growth-driven companies
- New and emerging technology products, services and solutions for global competitiveness – as a guide – remote monitoring systems for smart manufacturing, remote triage for Industry 4.0, smart infrastructure, AI enabled robotic automation.
BetaDen is committed to helping new technology companies to develop and flourish right across Worcestershire, active support in grow into space and relevant business growth initiatives will be offered.
