Tuesday Dec 01, 2009

The Difference Engine - Early Stage Funding

The Difference Engine is a full time 16 week acceleration programme which combines investment capital of £20,000 (for 8% of the business) with mentoring, support and office accommodation with various other services provided by our partners.

At the conclusion of the programme the businesses will be expected to be investor ready, and will have to present their businesses and products to a group of venture capitalists and angel investors at a demo day.  The first programme will commence in February 2010 and will be run from Boho One located in Middlesbrough.

The Difference Engine is comparable to Y Combinator (Silicon Valley), TechStars (Boulder, Colorado & Boston, Massachusetts) and Seedcamp (London). Outside of London, this will be the first major acceleration programme to be set up in Europe, and clearly demonstrates our ambition to help aspiring digital entrepreneurs.

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