Frequently Asked Questions
To be eligible for the programme the sole requirement is that your team needs to have at least one founder from the University of Bath and a team member who is currently enrolled at the University.
Application with an Idea Stream
All teams will have to submit an application covering several aspects of their business including their founding team, idea and their current execution plan. Following the application form we will invite teams to interview so we can find out more about you and your idea in person.
Following this, our panel of successful entrepreneurs, VC alumni and faculty will collectively look to select the companies with the highest potential to accept onto the programme. 5 businesses will be accepted through this process.
Application as an Individual Stream
This stream is for those people who may not currently have an idea or are not confident enough in their idea to submit a full application.
This will involve a short application form detailing your skills, and a bit about you. Following this you will be invited to an Ideation session, helping you to form the right way of thinking when it comes to ideas, and you should walk away with a strong idea or better understanding as to how to approach ideas.
Following this Ideation session, you will be able to attend a networking session where you can pitch your idea and connect to like-minded people or you can choose to join another person’s team (solo founders with ideas who apply through the Idea Stream can also attend this event).
If at the end of this event you don’t join a team who has already submitted a full application to the accelerator but have an idea and want to join, we require you to submit a full application through the Idea Stream.
Our programme structure involves weekly content sessions across the 8 weeks – at times that work around your degree (evening or weekend sessions), guiding you through your business journey. Workshops will be tailored to your start-ups individual needs and objectives will be set for you to so that funding can be released to your company throughout the programme. During the week you will be able to access sessions with our expert mentors or of course, your personal mentor so that they can give you guidance.
Our programme kicks off in the 3rd week of February and last for two months so as to not disrupt your exams.
Our programme structure involves weekly content sessions across the 8 weeks – at times that work around your degree (evening or weekend sessions), guiding you through your business journey. Workshops will be tailored to your start-ups individual needs and objectives will be set for you to so that funding can be released to your company throughout the programme.objectives. During the week you ill be able to access sessions with our expert mentors or of course, your personal mentor so that they can give you guidance.
You can apply to Acceler8 with any business idea. Whether it is a technology platform, a physical product or something more general – we will review applications and see if they are a good match for the programme as we are looking to take on businesses that we can actually help. If this is not the case, Bath Entrepreneurs and the team are keen to help unsuccessful applicants outside of the programme by putting you in touch with relevant people such as investors, faculty, mentors – so apply anyway!
All businesses will get access to £1500 in funding which will be released periodically over the course of the programme as you hit your measurable objectives outlined in the first week. This funding is equity-free, so no-one but you and your team will have a stake in your company.
Our grants are equity-free, so come at no cost to your business or your ownership whatsoever.
As our selection process examines the founding team as one of the primary factors of selection, it is highly recommended that you have the skills within your team to build an early stage version of your company. If you do not, we have an option for you to check in the Idea application form so that you can attend our networking event and find people with relevant skills who may be interested in working with you.
Yes, you can. However, we will require you to find a team (team meaning 2 or more people) as soon as possible, if you get accepted. It is immensely important to have a teammate on board. You’ll make better decisions, motivate each other, bounce ideas off one another, have a more diverse skillset and double the time of one individual. Individuals with remote teams will also be considered.
Apart from 100% attendance to our sessions, you will need to work with your PoC to set your own objectives and KPIs, whilst working hard to acheive them. At the end of the programme, we want you to have made significant progress and importantly have enjoyed the process. We also plan on running a number of social activites to encourage you to bounce your ideas off of fellow cohort members and potentially collaborate.
Yes, given the importance of the programme in the development of your business, we expect a high level of commitment from you. We have sessions planned around your degree, so attendance and clashes won’t be an issue. If you categorically are unable to attend a session we would expect you to let the Programme Director and PoC know.