Building on a deep understanding of the unique issues facing both startups and government, we match powerful, young technologies with some of the biggest challenges of today, while ensuring the best return for government and helping create the cities of the future.
1. To increase startup collaboration with government to ensure more sustainable and cost effective innovation - helping small businesses secure every £1 out of 3 in public sector procurement by 2020 in line with the UK Government's own ambitions.
2. Help governments generate revenue through better open data models and knowledge sharing. This will be reinvested into the delivery of better services for all. We want to see all local government data sources and associated industry data on an openly accessible platform by 2020.
We connect startups with leaders and decision makers that can help refine their proposition, provide expertise in all aspects of the startup lifecycle and facilitate innovation in data.
We do this by:
1. Building and validating startup concepts;
2. Developing startup pipelines and scale;
3. Delivering sustainable impact to government and industry.
There are two ways in which we support transformation in the public sector; govtech (back office improvements, i.e. B2B) and civtech (ideas that directly affect society, i.e. B2C).
Using different models - predominantly a focus on procurement in govtech and on data in civtech - we believe that there is a huge opportunity for change to be affected on both fronts.
To find out more, view our blog.
Running over three months, each of our three different programmes cover the full startup spectrum:
1. Problem/solution fit: strengthening ideas;
2. Product/market fit: priming these ideas, testing them with industry experts and developing a pipeline;
3. Business/market: expanding pilot schemes and pipelines.
We are passionate about the role data plays in fuelling an innovation ecosystem. Working with industry and our government partners, we identify, open and monetise data sets.
Our first programme launched with Transport for London in April 2017.
We are currently looking to begin work in other elements of the smart city. If you are interested in discussing this with us, and are from the public or private sector, we'd love to hear from you.