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Bethnal Green Ventures: a UK accelerator programme for stuff that matters

bethnalgreenventures.com

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Re: Bethnal Green Ventures: a UK accelerator programme for stuff that matters

#41

Post by JVIDEL »

I see some insurmountable contradictions with this program.

They ask for solutions to some very complex problems yet give very little funds to do so. For that amount the most a startup can do is come up with the principles for a potentially workable solution for the problem, but not an actual execution to see if it's effective at all in a real-world basis. Let alone there are plenty of such theoretical solutions to the problems they name, there just isn't enough money to implement them.

Re: Bethnal Green Ventures: a UK accelerator programme for stuff that matters

#42

Post by accountoftheday »

ig1 wrote: post #9
Tarks wrote: post #6

I'm all for more things like this, especially in the UK, heck I'm currently in London working for a consulting company in a bank and would love to jump into a startup but I have to say that what they're expecting compared to what they're willing to put in seems a little...lopsided. "Once a year, we work with a group of very early stage companies and provide them with up to £15,000 of investment and a three month prog…

I imagine like YC (and other seed accelerators) the idea is to give you enough funding to build a prototype in three months which you can then use to raise further financing.

Except in SV you actually can raise further funding on reasonable terms.

Re: Bethnal Green Ventures: a UK accelerator programme for stuff that matters

#43

Post by mcdaid »

ktizo wrote: post #28

Up to £15,000. To be absolutely fair, it often seems that in the UK you'd be better off disguising your startup idea as a work of performance art and making an application to the Arts Council for a grant. For an added bonus, you wouldn't have to give any of it back at the end, and if you can show that you did anything that was in the slightest bit similar to your original proposal and didn't just drink the money, the…

Brilliant!

Re: Bethnal Green Ventures: a UK accelerator programme for stuff that matters

#44

Post by ktizo »

mcdaid wrote: post #43
ktizo wrote: post #28

Up to £15,000. To be absolutely fair, it often seems that in the UK you'd be better off disguising your startup idea as a work of performance art and making an application to the Arts Council for a grant. For an added bonus, you wouldn't have to give any of it back at the end, and if you can show that you did anything that was in the slightest bit similar to your original proposal and didn't just drink the money, the…

Brilliant!

Excellent, it looks as though I may have found my first customer.

Step this way McDaid, and we shall immediately start installing the green rubber flamingos.

Re: Bethnal Green Ventures: a UK accelerator programme for stuff that matters

#45

Post by shotinthedark »

Within a few minutes of reading about Bethnal Green Ventures was about I knew not to apply. I am currently working on a startup and could use "good" help, but I got the impression BGV were all about make money for themselves with little other interests. I wasn't sure what exactly would be in it for me other than up to £15,000 - but one can always get a lone. Accelerator groups are more than just the money.

Re: Bethnal Green Ventures: a UK accelerator programme for stuff that matters

#46

Post by shotinthedark »

Within a few minutes of reading about Bethnal Green Ventures was about I knew not to apply. I am currently working on a startup and could use "good" help, but I got the impression BGV were all about make money for themselves with little other interests. I wasn't sure what exactly would be in it for me other than up to £15,000 - and one can always get a loan if they need they money. Accelerator groups are more than just the money.
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