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South Yorkshire entrepreneurs invited entitled to apply for business support programme Magazine

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Entrepreneurs from across South Yorkshire are going to be invited to utilize to take part in a brand new start-up programme specialized in supporting individuals, teams or companies thinking of getting a new business idea started.

The UKSE Y-Accelerator, launched by Y-Accelerator and UK Steel Enterprise and funded from the newly established Sheffield City Region Growth Hub, provides 10 successful candidates admission to free-of-charge business advice and development, along with the chance to pitch for that 25,000 equity investment to kick-start their concept.

Officially ready to accept applicants via the Sheffield City Region (SCR) Growth Hub portal from May 9 until June 30, the programme is welcoming businesses from ‘anyone with aspirations and an innovative business idea’ C while using the 10 successful applicants then with the opportunity to undergo 3-month intensive training, led by Y-Accelerator.

At eliminate the task each entrepreneur will probably be invited to pitch to a audience of seed investors and be with the ability to win an investment as much as 25,000 from UK Steel Enterprise; enabling these people to obtain idea started.

Keith Williams from UK Steel Enterprise, a subsidiary of Tata Steel, said: “This is actually a unique initiative that together many forms of support to build a demanding incubator for entrepreneurs with start-up ideas. The procedure will assist validate ideas, develop strong business models and provides people who the instruments and skills to launch new businesses.

“We’re happy to be capable of include the programme, supplying the 25,000 investment fund, and we’re quite definitely eager for seeing what businesses are submitted and meeting the individuals, teams and businesses in it.”

The project, which has no sector-restrictions, forms part of the SCR Economic Plan that could be wanting to generate a strong start-up eco system round the region; raising the prevailing start-up rate in your neighborhood which currently stands at two-thirds of your national average.

The newly launched SCR Growth Hub, aims being the reason for contact for many?business support round the Sheffield City Region. Its experienced teams can best advise and signpost towards?most suitable support for businesses in a very collection of areas including exporting, innovation, finance and training.

As well as the Y-Accelerator for would-be entrepreneurs, website Hub provides a service for start-ups called Launchpad, which include workshops and mentoring.

Applications for your Y-Accelerator could be submitted throughout the new growth hub website all of which will close on 30th June and successful applicants will take part within the programme throughout September to November.

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