Applications open as Geovation backs next generation of start-ups

By gov.uk - 17th January 2020

Geovation, the joint HM Land Registry and Ordnance Survey initiative, is welcoming applications for specialist support, mentorship, office space, funding and access to high quality government data through its Accelerator Programme.

Designed to springboard pre-seed or seed stage start-ups using location or property data to the next level, the programme is seeking the next cohort of promising PropTech and GeoTech entrepreneurs to benefit from the host of resources and guidance it offers.

Now entering its fifth year, the programme has an established track record of success having supported 111 British-based start-ups in becoming thriving businesses, which have seen the creation of more than 400 new jobs and £61 million in third-party investment.

Start-ups accepted onto the competitive programme will benefit from:

  • up to £20,000 in grant funding 
  • access to high quality data from HM Land Registry and Ordnance Survey
  • access to land and property insight from HM Land Registry and geospatial expertise from Ordnance Survey
  • access to office space in London, Cardiff, Bristol, Birmingham and Manchester
  • access to product development capabilities
  • access to a team of full stack developers to help them build their product/service
  • business mentorship and coaching 
  • access to years of industry experience and an extensive business network

John Abbott, Director of Digital, Data and Technology, HM Land Registry

The potential benefits of the programme for the property industry, and wider economy, on the back of the UK’s promising and innovative PropTech industry are not to be underestimated. We’re excited to be supporting the next wave of PropTech businesses through Geovation and doing our part to help the UK realise those benefits.

Alex Wrottesley, Head of Geovation

To succeed, start-ups need nurturing, and access to experience, expertise and quality data. That is what we do with our programmes. We provide warm and welcoming environments that encourage them to thrive. Without that intense level of support, it is much harder for start-ups to make an impact.

We are eager to hear from and help ambitious start-ups that use location and/or property data, and who have a clearly defined business plan but lack the resources needed to deliver it.

To find out more, visit the Geovation website or apply to the Geovation Accelerator Programme.

 

Background

About HM Land Registry

HM Land Registry’s mission is to guarantee and protect property rights in England and Wales.

HM Land Registry is a government department created in 1862. It operates as an executive agency and a trading fund and its running costs are covered by the fees paid by the users of its services. Its ambition is to become the world’s leading land registry for speed, simplicity and an open approach to data.

HM Land Registry safeguards land and property ownership valued at £7 trillion, enabling more than £1 trillion worth of personal and commercial lending to be secured against property across England and Wales.

For further information about HM Land Registry visit www.gov.uk/land-registry, or contact Dan Flood, Communications Officer, 0300 006 7253, [email protected].

About Geovation

Geovation was launched in 2010 by Ordnance Survey to support innovative start-ups using location and property data. Geovation operates two Accelerator Programmes, launched in 2016 and run in association with HM Land Registry and Registers of Scotland.

These provide promising GeoTech and PropTech start-ups with focused guidance and support, access to quality data, and technical and financial resources to help them develop and thrive. Geovation has offices in London and Edinburgh and also has partnerships with innovation hubs in Birmingham, Bristol, Cardiff and Manchester to develop and support local start-ups.

You can find information on the latest start-ups involved in Geovation welcomes latest set of data innovators and Meet the start-ups set to receive support from Geovation.

To succeed, start-ups need nurturing, and access to experience, expertise and quality data. That is what we do with our programmes.

- Alex Wrottesley, Head of Geovation
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