Weinsocialtech | Accelerator
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Are you a female tech founder with a social purpose?

The We in Social Tech is a London-based accelerator created to support ambitious entrepreneurs like you, who are passionate about making a positive impact with your business.

 

We in Social Tech launched in October 2018,  to help grow three cohorts of 20 women-led technology businesses with a social purpose over two-years. It is FREE to participate in, and, unlike many others will not take any equity in return.

 

The accelerator is delivered by Nwes, the largest not-for-private-profit enterprise agency in the UK, in collaboration with founding partner Deutsche Bank, through its social enterprise programme  Made for Good.

Read more about us here>>

 

 

Accelerator aim

 

We in Social Tech support women-led technology businesses with a social purpose. Specifically, this accelerator aims to help you:

  • Make a step-change in your business.
  • Overcome a specific challenge or reach a specific milestone.
  • Build your confidence, knowledge and the skills you need to spearhead your business to the next level.
  • Develop your professional networks.
  • Grow your social tech businesses that has a positive impact on society.

 

We accept applications at any stage of your business development and growth, including pre-starts.

Accelerator offer

 

The accelerator has been designed to address the specific challenges that hold female social tech founders back from achieving their ambitions, and help each business reach its full potential.

Over the course of two years, there will be three six-month accelerator intakes, each with 20 participants per cohort.

Each successful applicant will get access to:

 

  1. The We in Social Tech business growth programme

 

Organised workshops, talks, seminars, speakers, training and expert visits will take place on a weekly  basis, every Wednesday. We will also address specific topics of interest, as identified by participants.

 

The programme will include, but will not be limited to the following topics:

 

  • Business modelling
  • Strategic planning
  • Business finance
  • Raising finance
  • Legal and IP
  • Market research
  • Customer profiling
  • User-centred design
  • Product analysis
  • Marketing
  • Sales
  • Social Impact Measurement
  • Leadership
  • Confidence and Wellbeing

 

  1. Business consultancy support

You will work with a dedicated business consultant, who will support you around your specific issues and challenges.

 

  1. Growth mentoring by two mentors

Based on your challenges, we will match you with one mentor from the business, creative or tech industry, and another from Deutsche Bank.

 

  1. Finance and investment readiness

We will help you get ready to raise the finance your business requires. This could be loan finance, angel/VC investment, social investment, crowdfunding or grants.

 

  1. Co-working space at Wood Green Works

You and your team will have a base from which you can work, network, learn and grow (max 3 people per business).

 

  1. Peer learning groups
    By joining the accelerator you will become part of a vibrant and supportive peer network, as well as dynamic peer-learning groups.

 

  1. Networking

We will organise events and facilitate opportunities to help to grow your professional network.

 

  1. Celebration and Demo Day
    At the end of each six-month programme we will organise a celebration and demo day to showcase your business and product.

 

 

We in Social Tech is funded by  Deutsche Bank, through its enterprise programme Made for Good, and therefore completely FREE to participate in. No equity, fees or IP will be taken.

Application timeline

 

We will announce three Open Calls for applications over two years:

 

Open Call 1:

 

Opens 15th October 2018.
Closes 19th November 2018.

 

 

Open Call 2 is scheduled for February – April 2019 (dates to be announced).

Open Call 3 is Scheduled for August – October 2019 (dates to be announced).

 

APPLY VIA ZEALOUS

Application process

 

Please submit your application via the We in Social Tech bespoke ZEALOUS APPLICATION PORTAL (a link will appear on the 15th October 2018)

 

Applications will close at 11.59pm on the date advertised.

 

20 successful applicants will be notified by 10th December 2018.

 

Successful applicants must be prepared and available to start the programme on 14th January 2019, and must be able to commit to the programme in London for six months.

Eligibility criteria

 

We invite founders who meet the following criteria to apply to the programme:

 

Essential

 

Your business:

  • is a technology business which is female-led. Female-led is defined as a company, business or social enterprise in which at least 50% of the owners, partners or directors are female.
  • has a clear social aim or purpose, and is using technology to address social challenges.
  • is UK registered.

 

You, the founder(s):

  • have ambition to grow the business, increase turnover and develop a successful team.
  • are working full time in the business, or have an intention to be full time within a year.
  • are prepared to engage with the accelerator programme in London for a period of six months.
  • must have a specific challenge to overcome, a milestone or goal to reach during the length of the programme.
  • are willing to actively contribute and share your own knowledge and skills with other participants.

 

Desirable:

 

  • Your business has a minimal viable product and early traction

Questions?

 

To find out more about the programme please attend our launch event on the 1st November 2018>>

Please follow us on social media for regular updates and news.

You may also contact us>>

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