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Ordnance Survey-backed property start-up programme opens for 2019
Technology firms trying to solve problems in the property and land sector can apply to become a part of the Ordnance Survey-backed Geovation accelerator programme.
Based in London, the programme offers a grant of £10,000 for six months, and another £10,000 after.
Entrepreneurs are also put in touch with a network of industry mentors and advisers.
Start-ups benefit from free desk space at the hub and are given access to technical expertise, Ordnance Survey and Land Registry data.
Programme participants will also be given one-to-one sessions and workshops covering finance, fundraising, business planning, legal and intellectual property, company law, and coaching on presentations and pitching.
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Development and mentoring support
Alex Wrottesley, head of Geovation, said: “We want to hear from any new start-ups, entrepreneurs and developers looking to solve customer problems with location data, or creating new digital solutions in the land and property sector.
“Geovation offers a unique combination of funding, expertise, relationships and resources and the teams on our programme find themselves at the heart of our vibrant GeoTech and PropTech community.
“As well as financial assistance, mentoring and workshops, we are unique in providing access to a dedicated software development team in house, who work closely with our cohort companies to run lean experiments and build and release their first products.
“All of this combines to help these emerging start-ups break through.”
Hipla success
Prop-tech company Hipla, which developed a Home Buyer Passport to improve transparency in the home buying process, has previously been on the programme.
Co-founder Adam Phillips said: “Receiving backing, guidance and help from HM Land Registry, Geovation, and Ordnance Survey has helped our early stage start-up gain a much steadier footing than it otherwise would have done.
“Their help with early stage funding, office space, data and market insights has been invaluable. Their support has meant we are now in a much better position to deliver on our objectives of improving the home buying process.”