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ACCELERATOR

Dynamic Accelerator programme supporting entrepreneurs developing physical products

Supported by

9 out of 10 startups fail worldwide, however startups that join our Accelerator programme have a 80% survival rate.

 

The CRL’s 6-month Accelerator programme is uniquely optimised to maximise the scalability of technology startups developing physical products. Through carefully curated programme and 1:1 mentoring sessions, we will help you:

  • Interpret what your customers really want and what value your product brings
  • Understand how to get your product manufactured at the right cost and set-up supply chains for scale
  • Understand how to gain the hardware-specific funding you need, from grants to crowdfunding and angel investors

Our Product Development team is focused on helping to launch your products and preparing you to grow a sustainable, profitable business.

The standard terms for taking part in the CRL Accelerator are for an option to take 3% equity in your business. This option is exercised should your business gain sufficient funding, revenue or sufficient traction and so will not be actioned in all cases. We should make clear that a portion of the support that we provide you is funded by the European Regional Development Fund and this is not connected with the 3% option.

If you selected for the programme, it is necessary to register your company in the UK.

 

In order to apply for the programme, please click through to our F6S page. We are welcoming applications from now. Applications will close 16 March 2019.

 

If you have any specific questions about the programme, please contact alice@centralresearchlaboratory.com.

What does the programme offer

Intensive Mentorship

From Our Entrepreneurs, Business Leaders and Tech Gurus

Engineering support

Hands on product development from in-house product design team

£5,000

Investment

Investment

Obtain access to investor network

Meeting with manufacturers

Dedicated trip to Shenzhen to meet with potential manufacturing partners

ACCELERATOR ALUMNI

Application criteria

During the six-month programme, we will work with you to develop your product, the final result will be a product that people love and can be made at the right cost.

We bring together experts on business development, investment preparation & market development for a six-month intensive programme designed specifically for hardware products.

  • A working prototype (it doesn’t need to be pretty) or investment already raised
  • The desire to build a scalable product based business
  • A product or business model displaying genuine innovation
  • Two or more team members are desired but not essential

Get in touch with Inty our Accelerator Programme Manager if you have any questions about your eligibility. We have supported businesses at all stages.

The product teams contribution has 10x'd our speed of development as a company, it has instilled some great practices and taught us the best ways about not only designing a great looking product, but also designing a product for production and manufacture.

Arun Thangavel

CEO - Waalflower

I'm very pleased that I came to CRL. I particularly liked being able to use the community of entrepreneurs to get tips and feedback on my business. I've progressed a huge amount since being on the programme.

Matt Rowe

Founder - Matr

We came to CRL with a prototype and booming market, during our time here we have been to introduced to key investors in our space from the Silicon Valley and developed a much clearer product-market fit.

Eugene Nadyrshin

Co-Founder – Plexus

The 24/7 workspace, mentorship and training at the CRL has transformed Aceleron from an after school project to an award winning business.

Carlton Cummins

Founder – Aceleron