To the programme
First you’ll pitch us your business idea. We love great ideas, so we’re interested in all types of startup – but we specialise creating digital platforms. That’s where we add unique value to your idea.
The selection cycles runs throughout the year. If selected you’ll need to prepare for a two hour pitch, where you’ll amaze us with your idea.
We take the most innovative startups through to the startup studio.
- Online Application
- Two hour Pitch
- Startup Selection
This programme is provided in exchange for 3% of equity, equivalent to £30K.
If selected you’ll join our rigorous three week programme in the Activate Studio. Here you’ll meet your mentors. You’ll get expert feedback on your pitch, and a comprehensive analysis of your current investment proposition.
Here we dedicate our time and share our knowledge — through hands-on collaboration. Together we'll craft your business model and strategy. We’ll perfect your pitch. We’ll begin the validation process, and you’ll take a big step towards market readiness. We’ll build your business into an viable, investor-ready prospect.
- Vision & Purpose
- Value Proposition Design
- Market Testing & Validation
To fund this part of the programme, Activate will lead a mini-raise of £40 to £60 with its investors group.
Take your idea from post-it to prototype and into the hands of your target users through a collaborative, iterative design sprint.
We will create an MVP in order to get some of the key experiences of the product to early customers as quickly as possible, without burning too many resources to get there. This is an inexpensive way to test product hypotheses, accelerate learning, and ensure your business is delivering a product or service that users want and need.
This will help to you provide proof of traction, the capability to acquire your earliest users and to generate your first real revenue.
- Design Sprints
- Impact Mapping
- User Testing & Proof of Traction
With the goal to build version 1.0 of the company's product, Activate will lead a further raise of capital with an investment of up to £50K (we estimate that the total investment will be in the £200/300K range)
We assist you in building and launching your product to market using agile development techniques. We will provide the technology expertise to support you with scaling and managing your product. We assist with the planning and help you decide upon a suitable software infrastructure and security measures.
Activate deploys a dedicated product team that is built around your project. A typical team would include:
- Product Owner
- UX/UI Designer
- Graphic Designer
- Frontend developer
- Senior software engineer
- Software developers
- Agile Development Process
- Scalable Product Build & Launch
- Technology Management