Deadline: January 11, 2021 00:00 CET| Apply here
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Dates: April 14 - July 2, 2021
Eligibility: Founders having an innovative idea that uses technology to address a social or environmental challenge; Your venture is at an early stage and has been trading for less than two years old
Tech For Good Programme 2021
The Tech For Good Programme provides ambitious early-stage founders with the investment, support, expertise and networks to launch and build a successful tech for good venture.
Calling on all budding tech for good founders! Apply for investment and support via this 12-week programme to launch and scale your business.
Why apply?
- Investment
£30,000 in cash for 7% equity in your venture - Learning
A tailored three-month programme of workshops, talks and 1:1 mentoring - Life-long support
Life-long support and the opportunity for follow-on funding - Peer support
Valuable support from a large community of tech for good founders - Mentoring
Regular connections with our network of 70+ mentors and advisors. Checkout who they are here - Connections
Introductions and 1:1 meetings with investors and industry experts
Investment themes
Tech for Good invests in tech for good companies that drive significant positive impact for people and the planet.
The investment thesis is centred around the idea that the companies we invest in contribute to a sustainable planet, better society and healthy lives.
- A Sustainable Planet
BGV wants to see innovative, yet affordable systems and solutions in the following areas: Resource efficiency and circular economy, responsible consumption and production, sustainable agriculture, transportation and infrastructure.
- A Better Society
The program looks for radical approaches that work towards creating a society in which everybody has equal access and opportunity.
That means the huge scope for truly exciting and impactful ventures, especially in the following areas: Education and life-long learning, employability and fair work, poverty reduction, integrated and inclusive communities, civic participation and social justice.
- Healthy Lives
These are some of the areas Tech for Good is excited to back solutions in Health and social care, preventative care, mental and emotional wellbeing, healthy lifestyles and ageing population.
Who should apply?
Alongside our investment themes, there are five key aspects we look to be inherent in all the businesses we back:
- Scalability
The business must have the potential to both positively impact millions of lives and reach a £100m enterprise value within 10 years time. - Innovative application of technology
The use of tech should either allow for greater potential to scale, or facilitate a new way of approaching the problem - Intentionality and purpose
Products and services must be developed with the specific intention of creating positive social or environmental impact. - Direct impact
Ventures that have a direct impact on people and the planet are encouraged to apply. Alternatively, if your solution is targeting a broader systemic change then BGV expects to see a credible hypothesis of how impact will be achieved. - Reducing inequality
No matter the sector, ventures should always be working towards narrowing the gap of inequality, this often means focusing on those that are underserved and underrepresented.
Investment approach
Bethnal Green Ventures backs ambitious founders building businesses driving positive impact at scale.
BGV is investing early and it continues to provide you with support and investment up to Series A.
- £30k investment + 12-week Tech for Good programme
BGV invests in early-stage founders (ranging from pre-product to beta) through the programme equipping you with the support and tools to help you build an impact-driven tech for good businesses. - Life-long support
After the 12-week programme and the initial investment, you’ll join our growing portfolio community of talented tech for good entrepreneurs. - Follow-on funding
To help plug the mid-stage capital gap, the program provides follow-on investment to select companies in the portfolio as part of bigger rounds. Ticket size ranges from £50,000 – £100,000.
Interested in applying for the Tech For Good Programme 2021? Register your participation by following the registration link and taking the suggested steps.
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