Geovation, Ordnance Survey’s (OS) open innovation network hub, has opened their doors to applicants for 2022’s Geovation Accelerator Programme.
The popular programme, which is also funded by HM Land Registry (HMLR), is kicking off 2022 with an increased focus on sustainability and is urging start-ups in the energy and mobility industries to join the GeoTech programme.
With sustainability a priority for government and businesses across the globe, Geovation wants to support start-ups looking to make a difference in the energy and transport markets.
The Accelerator Programme provides start-ups with a bespoke package of financial support, worth over £100k per start-up, and includes equity-free grant funding, a 12-month residency in the data hub (6 months of which includes intensive support from industry experts), workshops, coaching and access to cutting edge data from OS and HMLR.
The aim is to propel start-ups to the next level, with the programme tailored to suit each start-up and their individual founders. To date, Geovation has supported over 130 location-data and PropTech start-ups who have raised more than £116m of funding and created over 1700 jobs.
Carly Morris, Head of Geovation, said: “This year, as well as start-ups working in PropTech, we particularly want to hear from businesses using location data to create innovative and sustainable solutions in the energy and mobility industries.
“Globally, sustainability and achieving net zero is a top priority for governments and businesses. Through Geovation, we want to play an active role in supporting start-ups in this space. We believe that innovation and fresh ideas will have a positive impact on people, the planet and profit.
“Both the energy and transport sectors are big users of location data that underpin their services and decision making. Through the programme we want to support and grow the use of location data and help these sectors achieve their sustainability targets. Whether that’s around electric vehicle (EV) infrastructure, green transport routes or the growth of renewable energy. Location data and innovation have critical roles to play.”