Ideas.fund is Wales' first tech accelerator fund.

What is it?

It's a funded two month intensive startup/growth program. We take applications from individuals and teams already building or thinking of building their startup dream.

What do you get?

Successful applicants get a minimum grant of between £5,000 and £10,000, free desk space and two months of world class tech and business mentoring - leading up to a final demo day at the Google Campus in London.

The fund then also runs a further round of investment for startups that impress during the process.

Who are we looking for?
Amazing teams or individuals with a tech startup or tech startup idea at any stage from ideation right through to growth, that are based in Wales or are prepared to base themselves in Wales.

Any size teams can apply, but you should be able to demonstrate:

  • a distinct, technology enabled startup or startup idea
  • the competence and skill-set and the potential to make progress on it
  • the determination, commitment and will to make it happen
  • an opportunity to generate value in a large market

  • Who makes application decisions?

    Our three partners Matt Warren, Paul Harwood and Tim Morgan. Matt, Paul and Tim are technology entrepreneurs that are also the Directors of TechHub Swansea.

    Where do we have to be based?

    Anywhere in Wales. Although we are offering free office space in TechHub Swansea, you can work from anywhere in Wales and there lots of great coworking spaces like IndyCube, Welsh ICE and TecMarina that you can use if you don’t have an office.

    What can I spend the money on?

    Ultimately, we want you to spend the money where you think it will best help build your business.

    However, our expectation would be that a large chunk of the money would be spent on paying a reasonable salary to you and your team for the two month period.

    Funding and office space is provided for a two month cohort, with sessions that focus on tried and tested startup principles, to help you build an awesome company.

    The Process.

    The cohort begins with a two day hack on the business' product/market fit.

    Every two weeks, everyone pitches their progress to partners and other teams, which will be recorded and are available to the mentors for review.

    Every week, teams spend a one hour session with a partner to discuss progress and plans. This can happen as part of the pitch sessions or virtually.

    Teams can at any time book fifteen minute sessions with one of the mentors, subject to the mentor's availability.

    Key Dates

    Please note these dates have been updated!

    • Application deadline - 18th March 2016
    • Interviews - 29th March 2016
    • Winners announced - 4th April 2016
    • First cohort starts on - 25th April 2016
    • First cohort ends on - 1st July 2016

    Week 1 Intro session (2 days)

    Understand the tools and the trade.

    • Business model canvas
    • Kanboard
    • Web tools (trello, etc…)
    • Your Idea
    • Your Team
    • Your Product
    • Your Execution
    • How to pitch

    Week 7 (1 day)

    • Your funding journey
    • Understanding rounds
    • Mock Pitches

    Week 8 (1 day)

    The final sessions are all about on the funding journey your company will ultimately take. The last week will be spent polishing pitches and demo's ready for the final presentation in Google Campus!

    The Mentors.

    We've sourced the very best mentors to help your business navigate the tricky first stages of growth.

    David Buttress

    David is Group Chief Executive and Director at JUST EAT World's No.1 online takeaway food ordering website, which he and a friend started 10 years ago. He was recently named one of Britain’s most influential people for entrepreneurship by the illustrious Debrett’s 500 2015.

    Tom Singh O.B.E.

    Tom founded New Look in 1969 and is Non-Executive Chairman of the company. In addition to his responsibilities at New Look, Tom and the Singh Family Trusts have a broad range of investments encompassing retail, real estate, technology and private equity either directly or through funds.

    Bev Hurley C.B.E.

    A dynamic and inspiring speaker, serial entrepreneur, mentor, angel investor and one of the UK’s leading authorities on female entrepreneurship, Bev Hurley has spent more than 30 years building successful businesses – and sharing her expertise to create and grow others.

    Dan McPherson

    Dan has started several companies, with exits both in the UK and US. He now focuses his efforts on incubating start ups. His drive is to help companies gain market share with an emphasis on social media and offline strategy.

    Tim Morgan

    Tim is the CEO of Mint Digital, a London and New York based digital product development company, where he has had a wealth of start-up experience with innovative and commercial successes such as Boomf, DeskBeers and Sticky9.

    Paul Fisher

    Paul is a VC investor and previous associate at Advent Venture Partners, one of Europe's most successful growth and venture capital investors in market-leading tech and life sciences businesses. He works with and works *for* entrepreneurs. He brings a wealth of experience from the technology investment sector, having been involved in M&A of tech companies since 1997.

    Matt Jones

    Matt is the Interaction Design Director, Google Creative Lab at Google. In early 2007 he co-founded and designed Dopplr.com, which grew into an influential and popular start-up travel service, before being sold to Nokia in the autumn of 2009. He was Principal at BERG and has been delivering digital products and services since 1995. He was also creative director for the launch version of the BAFTA award-winning BBC News Online.

    Struan Bartlett

    Struan started one of the first internet companies in London - NewsNow, a news portal that attracts millions of fans daily - the largest football audience after BBC Sport. He has guided the business through choppy waters including taking on NewsCorp. NewsNow is also an investor in early stage tech startups.

    Paul Harwood

    Paul is a tech entrepreneur with two exits in UK and Europe, he is also a founding Director of TechHub Swansea. An experienced community builder, strategist, developer and product manager, he is building investor.uk, a financial platform for startups and investors.

    Tracy Doree

    Tracy has the honour of having the one of the fastest UK exits in recent history, when she sold her start-up business, Llustre, to online luxury homeware site Fab.com. She is currently a Founding Partner at Spring Partners, a new early stage venture capital fund based in London.

    Matt Warren

    Matt is a founding Director of TechHub Swansea and runs Veeqo, a platform for online retailers that has recently raised £1m through equity crowd funding. He has previously exited in the online retail space after growing an online luxury watch brand to millions of pounds of turnover.

    Matt Clifford

    Matt is CEO and Co-founder of Entrepreneur First, an accellerator that invests in Europe's top technical talent to build world-class startups. The company works closely with technical founders for six months to help them turn deep technology into fast-growing companies.

    Applications closed!

    Application deadline - 18th March 2016

    Questions? Drop us a line!

    Closing words from #ideasfund co-founder @thetimmorgan then plenty of time to network & meet the teams #campuslondon https://t.co/j7DoVkUs1o

    12:25 PM Jun 24th