Applications to join the third cohort of tech startups in a premier startup support program, which aims to support the next wave of tech unicorns, are now open.
The exchange program, based at the Department Bonded Warehouse, provides technology companies aiming to expand and develop access to expert mentorship from industry specialists, opportunities and support to apply for funding, a network like-minded entrepreneurs and a physical base to take root in Enterprise City, Manchester’s technological, digital and creative district.
Successful businesses will benefit from the insight of Exchange’s Entrepreneur-in-Residence, as well as the program’s partners in marketing, hiring, law and finance. This gives founders all the tools they need to excel and grow their business quickly.
Applicants for the program will follow in the footsteps of companies such as PixelMax, which has raised over £ 2million in funding while being supported by the program, and Financielle, Jyrney and My First Five Years, all of which have been named Tech Nation Rising Stars 4.0 Regional Winners in the North West – the national competition aims to identify and support the UK’s most disruptive tech start-ups. Umii, a company aimed at tackling student loneliness, also won the App of the Year award at the 2021 Prolific North Tech Awards.
Exchange supported 227 people at 44 companies, creating 75 jobs in its first 12 months. Since the second promotion in September, more than 100 people from 30 different companies have already been supported. The third cohort of the program will be launched in early March and applications will close on Sunday, January 9, 2022.
The program has also seen some unique opportunities, such as PropFolio and Gleensite working with Allied London, the developer behind Enterprise City and the Exchange program.
Tanya Grady, Head of Business and Partnerships at Enterprise City, said: “We are once again inviting the UK’s most exciting new companies to be part of our exchange program. In search of our third group of companies, they will have big shoes to fill after the success of our first two cohorts who have raised millions of dollars and created more than a hundred jobs, thus contributing to the ecosystem. technological and regional in the broad sense. Our goal is to create a community of diversified and internationally renowned businesses in the technology, media, creative and digital sectors.
“As the limits of what we can do with technology expand, the entrepreneurs rooted in it become more ambitious and creative. We look forward to seeing what people are working on and supporting them as they grow and evolve in the future.
Exchange will also expand beyond its current base in the Department Bonded Warehouse to Campfields, also in the Enterprise City neighborhood of St. John’s, forming an even larger part of the region’s tech ecosystem in the years. future. Manchester City Council has secured nearly £ 20million in funding for a two dilapidated building transformation project with help from Allied London, which will provide additional facilities for 800 permanent residents and 250 other residents of passage in the technological and creative industries.
Laura Pomfret, co-founder of FinTech business and member of the Exchange cohort, Financielle, said: “We have been overwhelmed by the support and encouragement from the Exchange program and the North West technology and business community, who fully support the mission of Financielle. We have been in contact with key stakeholders in the largest companies in the region and have benefited from the knowledge and experience of some special people, such as Mo Aldalou of Tech Nation, the knowledge partner of the program. We were also proud to give back to our fellow founders; we all benefit from a strong technological and investment ecosystem in the region.
If you would like to apply to join the next Exchange cohort and benefit from the knowledge and support offered, apply today at https: //www.enterprisecityuk.