Financial and insurance services

Tender description

Capital Accelerate & Scale Tech Superstars (CASTS) is a part-funded European Regional Development Fund (ERDF) project, managed by Capital Enterprise (non contracting authority) alongside delivery partners City University, University College London and Greater London Enterprise. The CASTS programme will expand the provision of London's high quality accelerator programmes in order to generate more innovative tech and tech focused fast growth companies. Capital Enterprise is seeking to put in place a single framework that will govern the programme that supports Tech start-ups. The aim of the programmes is to help selected start-ups based in London to scale up their operations and increase their chances of receiving investment from business angels and VCs. Capital Enterprise is seeking to co fund 3 to 5 new accelerators. It is anticipated that 3-5 programmes will be run over a 2 year period, with an estimated 1 125 000 GBP to be spent over this period. Capital Accelerate and Scale Tech Superstars (CASTS) is a part-funded European Regional Development Fund (ERDF) project, managed by Capital Enterprise (non contracting authority) alongside delivery partners City University, University College London and Greater London Enterprise. The CASTS programme will expand the provision of London's high quality accelerator programmes in order to generate more innovative tech and tech focused fast growth companies. The objectives of the project are: — Increase the number of high quality accelerator programmes for tech companies. — Provide 660 potential companies with both the expertise and support in raising further private investment and create 450 jobs. — Invest in new sectors including AI, ICT or Ed Tech where demand is high. — Provide a platform for SME's to share and learn best practise, as well as seek out new opportunities and expand their network. Capital Enterprise is seeking to put in place a single framework that will govern the programme that supports Tech start-ups. The aim of the programmes is to help selected start-ups based in London to scale up their operations and increase their chances of receiving investment from business angels and VCs. Capital Enterprise is seeking to co fund 3 to 5 new accelerators. It is anticipated that 3-5 programmes will be run over a 2 year period, with an estimated 1 125 000 GBP to be spent over this period.