Minority ethnic tech founders supported by SETsquared Bristol Breakthrough Bursary

Acclaimed technology incubator SETsquared Bristol, led by the University of Bristol, is relaunching its Breakthrough Bursary for the fourth year, continuing its commitment to tech inclusivity. 

The bursary is for UK tech entrepreneurs from a minority ethnic background, providing access to tailored business support at heavily discounted rates. This includes coaching and mentoring, advice clinics, events, skills and training workshops and support to raise investment.

Awardees also benefit from SETsquared’s supportive community and three months free access to desk space in a shared office at Engine Shed.

The initiative is kindly funded by SETsquared Bristol alumni members and the University of Bristol.

Fourteen companies have been recipients of the bursary to date including South West-based startups FluoretiQ, Gritty Talent and LatchAid, and have raised a combined £2.7 million in investment. 

Inclusivity tracking tool Inclued was one of five bursary awardees in 2021. Inclued’s Founder and CEO, Joyann Boyce, who has since been named one of the South-West’s 42 Under 42 by Insider Media and TechSPARK’s Top 50 Rising Star, said:

“My experience of the Breakthrough Bursary has been nothing but positive. As an entrepreneur you often feel like you are out there on your own, but SETsquared Bristol provides a supportive community of founders at all stages. Access to the Entrepreneurs in Residence has been fundamental to mapping out our investment strategy.” 

Another of last year’s bursary recipients, Ali Kazmi Founder of the UK’s first dedicated, ethically compliant investment platform, Ethical Equity, said:

“Being part of SETsquared Bristol via the Breakthrough Bursary has been instrumental to our success. In particular, having access to market/founder insights and SETsquared’s extensive network.” 

 Marty Reid, SETsquared Bristol Director, said:

“Inclusive and sustainable growth is more vital than ever in our current climate. Our ambition is to work towards levelling the playing field for minoritised groups within the tech sector by improving access to support, investment and networks. We look forward to welcoming new awardees with exciting ideas to our community.”

Since SETsquared Bristol launched the Breakthrough Bursary in 2019, companies at the incubator with founders from a minority ethnic background have increased from 14% to 24%. This compares favourably to the UK average where less than 9% of senior tech leaders are from a minority ethnic background. 

Any UK-based entrepreneurs from a minority ethnic background can apply for the Breakthrough Bursary if they are developing a tech startup, or growing an existing company.

Find out more and apply by 7 November 2022.

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Apply for the world-class Sunderland based IoT accelerator programme

Applications are now open for world-class Sunderland based IoT accelerator programme

Sunderland City Council has partnered with global communications network provider, BAI, and leading tech sector support organisation, Sunderland Software City. Together they are launching an exciting new IoT and 5G accelerator programme. This is a unique opportunity for businesses and startups to join a programme that combines leading-edge infrastructure with IoT domain expertise and guidance from internationally renowned organisations.

Sunderland is at the forefront of the UK’s drive to create smart cities and the latest council led initiative is looking for businesses and startups to take part in the 6-week, Sunderland based accelerator. Successful applications will form a 10-team cohort that will each receive up to £10,000 grant funding.

Sandbox environments will be made available for the city wide 5G and LoRaWAN networks where applications can develop, test and deploy their solutions.

The programme will be delivered by a team of experienced practitioners at Sunderland Software City. The accelerator is at no cost to the teams, and unlike many accelerators, no equity will be taken in return for participation, whilst the IP remains in full control of the teams involved.

The teams will take part in a structured series of workshops, mentoring sessions, pitch development and training, and introductions to influential and valuable networking opportunities. The programme culminates in a showcase event to demonstrate their progress. Project themes are broad, but a focus on IoT challenges affecting smart homes, skills and education, and manufacturing will be considered favourably.

Details

ProgrammeSunderland Our Smart City IoT & 5G Accelerator
Dates6 weeks from 12th September 2022
Programme ContactStephen Fenwick
Emailstephen.fenwick@sunderlandsoftwarecity.com
Mobile07526167358

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