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The Start-up Accelerator Scheme is coming to the North
The London based Start-up accelerator scheme, Unrest, has identified Yorkshire as a new base.
The Accelerator programme first ran in London and helped develop 16 businesses which had goals including green agendas, diversity, fertility, improved mental health.
The scheme has identified Sheffield as its next hub, but encourages new customer-facing start-ups based across the North to apply.
Unrest offer this programme in exchange for a 2% equity stake in your business.
How will successful applicants benefit?
Successful applicants will receive:
- 100+ hours of dedicated workshops across fundraising, impact, business education, founder resilience and brand development
- The opportunity to build your brand with our award-winning brand partner, Uncommon
- Access to a central office alongside a community of other incredible impact start-ups
- Weekly 1-2-1 sessions to deep dive on specific issues and opportunities with the Unrest team
- 1-2-1 sessions from award-winning partners in brand, law, marketing, finance & fundraising, and more
- The opportunity to pitch at Demo Day, attended by impact investors, VCs and angels
- 6 sessions with a personalised executive coach for every founder in your team
Who can apply for the Unrest Scheme?
Eligible businesses must have a product or service aimed at a consumer (B2C) and plan to operate as a UK based company.
You can find out more information about the scheme here –https://www.unrest.world/unrest-north
The Unrest scheme aims to support Yorkshire based start-ups in its first programme outside the capital. It hopes to tip the scales of investment and growth, accelerating businesses forward utilising workshops, one-to-ones, access to a business community and through exclusive opportunities with its partners.
The scheme will be delivered in partnership with Capital Enterprise (UK) Limited and Barnsley Council and partly funded through the European Regional Development Fund.
Orr Vinegold, Unrest Founder, has said: “We champion diversity of thought, background, and geography to support more businesses that reflect the makeup of our communities. And therefore, we have chosen to expand to build our next impact accelerator programmes within South Yorkshire.
“Consumer demand for impact-driven brands is growing at a record-breaking pace with investment in these companies increasing six-fold from 2011 to 2019 — reaching over £5bn a year by the end of the decade.
“Venture capital investors are looking for purposeful brands with high growth potential – but none of the existing players are moving into the impact and consumer territory with a clear brand message – resulting in a shortage of investable start-ups in this space.”
Laura Bennett, regional lead, Capital Enterprise (UK) Limited, added: “The city of Sheffield has been recognised by Social Enterprise UK as a Social Enterprise Place, building on a long-standing history of social enterprises here, alongside new start-ups that have a social or environmental mission.
“We are thrilled that Unrest are bringing their expertise, experience, and networks to the region to supercharge 30 mission-driven businesses to think big and act globally – taking Yorkshire ingenuity and passion for social good to a national and international audience.”
Councillor Robert Frost, cabinet spokesman for regeneration and culture at Barnsley Council, said: “This is a brilliant programme for our region and for the TeamSY project, and we hope to see a number of Barnsley businesses benefit from this.
“The accelerator is great for supporting businesses already creating a positive impact and opening them up to better investment potential.”
The UK Investment landscape
In 2021, more that 68% of all UK investment was provided solely to London based companies, with the next largest investment region being the Southeast, receiving only 10%. In stark contrast, less than 1% of all UK investment went to Yorkshire.
Unrest will run the South Yorkshire Programme in tandem with its London programme, with crossover events.
At the end of the programme, start-ups from South Yorkshire will be invited to London to pitch alongside their London cohort counterparts at an investor-filled Demo Day.
We will continue to support our clients and provide further grant information when we can. Additionally, if you have any queries on any other matters, please get in touch.