Last November, we applied for the Royal Bank of Scotland and NatWest's Entrepreneurial Spark accelerator programme. Our application then led to a pitch in December, which, we're proud to announce, was successful.
Cyclr joined Entrepreneurial Spark on February 10th.
Benefits of Entrepreneurial Spark
We will be moving some of the team to The Hatchery in Brighton; a dedicated space in the banks' offices on Preston Road. This move is focused on growing our business, building new connections, and accessing the programme's mentoring network. We also believe it gives us easier access to the Brighton labour market. Being able to recruit the best talent is essential as we look to grow our development and marketing teams.
The programme is the largest free accelerator in the world. Whilst the free office space is certainly useful for a startup trying to keep its costs down, Entrepreneurial Spark's partners in industry, higher education, and finance are also something we hope to tap into.
Working with other startups
Cyclr has always been a social bunch of people: from the beginning, we've preferred coworking to having our own office. The diversity of expertise, opinions, and characters in a space like Cohub has definitely made Cyclr a better business and product. We're looking forward to meeting our fellow startups at The Hatchery and seeing how we might collaborate, learn from each other, and grow together.
Some of our team will continue to work from Eastbourne and London, with the product and management being partly based in Brighton for the six month programme.
We'll keep you posted with our experience of Entrepreneurial Spark!