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Wales Receives a National Tech Accelerator Programme

Twelve startups in Wales have been chosen for the country's first ever National Tech Accelerator - a six month long programme run by Innovation Point.


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Digital company Innovation Point selected the 12 finalists who, throughout the six months, will receive skills training and tools to grow their business successfully.

The training includes one-to-one mentoring, pitch training, networking events, as well as the necessary materials to grow their companies and secure further investment.

Entrepreneurs such as White Horse Capital, Lexington and Webstart Bristol, will all contribute towards the finalists' training and mentoring.

Colin Batten, head of partnerships and Digital Dozen accelerator at Innovation Point, said, "We have worked with successful accelerators across the UK, Europe and the US to gauge what does - and doesn't - work, while speaking to companies throughout Wales about the support and connections they feel would best empower them to take their business to the next level."

The 12 finalists specialise in a number of varied fields. Properr is a company that develops integrated technology for the property industry, whereas Geolang is a software development firm specialising in cyber security and business resilience.

CEO of Innovation Point, David Warrender, said that the programme's previous iterations had brought 'tremendous success' to the participants.

"With the added support, expertise and guiding hands from proven entrepreneurs, this year looks to be the biggest yet," he added, "we can't wait to see where the programme takes these leading innovative companies."


Source: ComputerWeekly.com