Start-ups using location, land and property data in their products and services can now apply to join the Geovation Accelerator Programmes in England and Scotland. That’s right, the Geovation Accelerator Programme has landed in Scotland, so we’re now running one in Edinburgh as well as London!
Start-ups that successfully apply to the Programme will each receive the backing and support of Ordnance Survey (OS), HM Land Registry (HMLR) and Registers of Scotland (RoS). The fledgling firms using data produced through mapping and related technologies will also be in line to receive expert business support and funding to help them flourish on the world stage.
Over a twelve-month period, the start-ups will be able to access a wide range of resources. These resources include access to experienced software developers, geospatial expertise from OS, property expertise from HMLR and RoS, and mentorship on business proposals and investor relationships. They will also each receive grant funding to support them through the programme – up to £20K in London and £15K in Edinburgh.
The Geovation approach has always been founder-friendly, offering prime-location office space, meeting facilities, equipment, access to data and great mentors, high-quality workshop content and, almost uniquely, an in-house software development team, who work hand in hand with the companies to build and release their first products. Things we think give start-ups the required boost to accelerate their businesses.
The data Geovation offers can be used in a variety of ways. The GeoTech firms that joined Geovation earlier this year were:
- Digital-Field, who provide digital solutions for better land management to improve soil health, food production and reduce environmental impacts.
- The Future Fox, who create software for communities to transform their neighbourhood, and for planners to create better places, faster, with AI.
- Watchkeeper International, which uses the latest geospatial technology, IoT systems and secure cloud services to provide clients with real-time monitoring and alerts for security incidents, natural disasters and supply chain disruptions.
The PropTech companies were:
- DronePrep, who use location data to open up new low-level airspace access possibilities by connecting drone pilots to landowners to share and agree flight information.
- Winston, the digital concierge supporting the home of the future.
- Property-Markets, the people’s property investment marketplace.
- RenKap is an online marketplace working to alleviate the housing crisis by scaling the delivery of affordable homes.
Head of Geovation, Alex Wrottesley, says: “We’re really pleased to be working with Registers of Scotland to open Geovation in Scotland, and we are looking forward to getting to know the Scottish start-up community. Geovation plays a driving role in helping British GeoTech and PropTech start-ups become leading players on a domestic and global stage, and the opening of this new Accelerator Programme will be fundamental to the continuation of that.”
In the three years since the London Hub launched, Geovation has created a community of more than 1200 GeoTech and PropTech start-ups, has helped 84 companies through its Programme and seen these companies raise £23.3M in funding and create more than 200 new jobs.