Funding is available to support those creating new products and services using geospatial technology
Geovation, an Ordnance Survey (OS) initiative supporting corporations, SMEs, start-ups and individuals using geospatial technology and data to create innovative new products and services, invites applications for the next batch of Geovation programme members.
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The programme is aimed at developers, entrepreneurs and innovators to take their ideas and build them into real businesses. The Geovation team work closely with the teams and invest funding, resources and developer time to help them build their businesses ready for market. The Hub itself provides a range of resources geared towards helping them develop their businesses. This includes desk space, coaching and mentorship, access to OS and partner data, developer support, access to software, legal and professional support and other services that can be hard to secure when you’re first starting out.
The programme is divided into four phases: Phases one to three are over a period of six months, where programme members receive a total of £10,000 in funding. If a prototype is successfully delivered at the end of this phase four kicks in, which is a further six months on the programme with an additional £10,000 in funding. For those who are successful in getting to phase four, the Geovation team help to secure further funding and then provide go-to-market support to launch the product and make it a commercial success.
Head of Geovation, Alex Wrottesley, says: “There are a lot of places for startups to get support in London, but it’s vital to find a programme that offers the focused support a business needs. By focusing on our area of expertise we’re able to offer deep industry and technical knowledge which is unique. Providing dedicated development resource is something very few places offer and it means the businesses we select can get things started faster and they can move further than they otherwise would have been able to. To the start-up community in general the Geovation Hub adds a new dimension.”