Virgin said that 10 start-ups will be chosen to take part in The Virgin Media Accelerator – a three-month mentorship-driven programme designed to support companies working on “innovative businesses”.
The programme will involve a 13-week mentorship and guidance programme and access to senior experts from Virgin Media, its parent company Liberty Global, and Techstars’ global network of more than 7,000 founders, mentors, investors and corporate partners.
At the end of the 13 weeks, the 10 start-ups will take part in a ‘Demo Day’ in London, where they will each pitch to investors for the chance to raise capital and secure investment in their businesses.
Virgin said that businesses from a range of digital sectors should apply, including start-ups involved in interactive home experiences, the Internet of Things, connected goods and services, telecom infrastructures and home health and wellness.
“With the support of our parent company, Liberty Global, and our new partner, Techstars, we’re delighted to support this exciting programme in the UK. Supporting businesses of all sizes is at the heart of Virgin Media’s purpose. Virgin Media Accelerator will give the most exciting digital start-ups a phenomenal opportunity to learn, develop and grow,” said Peter Kelly, managing director, Virgin Media Business.
Virgin Media Accelerator powered by Techstars is sponsored by Liberty Global and will be run in conjunction with Virgin Media Business, the arm of Virgin Media that provides products and services to start-ups and small business in the UK.
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