INNOVATIONRCA START-UP PROGRAMME LAUNCH EVENT 2 … · Pinatex™, a new sustainable alternative to...
Transcript of INNOVATIONRCA START-UP PROGRAMME LAUNCH EVENT 2 … · Pinatex™, a new sustainable alternative to...
INNOVATIONRCA START-UP PROGRAMME
LAUNCH EVENT2 JUNE 2017
IMPACTS
OVER 500 UK JOBS CREATED
60 GRADUATESLAUNCH 39 START-UPSover 9 years of the incubation programme
£ £39 MILLION RAISED IN INVESTOR FUNDSby our start-ups at valuationsof £600,000 to £20 million
OVER £12 MILLION TURNOVER LAST YEARby our start-ups which are trading
OVER £7 MILLIONOVERSEAS SALESvalue of exports in previous 12 months
£40 MILLION TURNOVERGENERATEDby our start-ups & spin-outs in the last 9 years
£ OVER £2 MILLION RAISEDIN CROWDFUNDING£
OVER £3.5 MILLION COMPETITIVE R&D FUNDINGwon by our start-ups
££120 MILLION TOTAL START-UP VALUATION£
WHO WE ARE
We help RCA graduates turn their exceptional start-up ideas into successful business
We provide business coaching, office space, funds and access to investors & networks
We have a lively calendar of events designed to champion our start-up community and facilitate knowledge exchange and introductions
OUR INVESTMENT
BOARD
Mark Esiri, Stephen Rockman, Sam Stacey, Matt White, Mark Whittaker, Ed Williams and Nadia Danhash
Made up of highly experienced investors & entrepreneurs
OUR ADVISORY
BOARD
Mark Esiri, Richard Hargreaves, John Hunt, Rasha Khawaja, Paul Thompson
Chaired by Sir James Dyson
OUR OFFER
Up to £50K seed funding from the RCA or RCA Fund & membership of AngelClubRCA
Business plan and product coaching
Intros to networks & partners (corporates, accountants & lawyers)
Masterclasses and access to tools and templates
Publicity & PR opportunities
1 YEAR’S INCUBATION
Office space & access to RCA workshops
ANGELCLUBRCA
Help with company formation
Help with advance SEIS/EIS assurance
Investor readiness training
Access to > 50 experienced investors able to invest up to£150,000 / co.
Company members get:
SELECTION CRITERIA
Credible ideas
High growth potential with foreseeable exit
Affiliation with RCA
Multidisciplinary ambitious team
Commitment and passion
AWINNING
TEAM
Shared values and vision
A successful team has:• leadership skills• technical skills• commercial skills• financial acumen
• resilience & persistence• project management• presentation skills
Personality & Drive
Clarity on roles and rewards
A pre nuptial agreement in place
TIER 1 GEVISA
Open to RCA graduates and those from other HEI institutions if a member of start-up is RCA
£945 in savings if applying from inside the UK or £1890 if applying from outside the UK. Money must have been in bank account for 90 days prior to your application
UK recognised Bachelor’s degree, Master’s degree or PhD awarded before endorsement
Endorsement from authorised UK higher education institution (RCA) issued in past 3 months
SELECTION PROCESS
5 July Applications Close
27 July Investment Board Pitch
24-26 July Pitch Week including team matchmaking
13-21 July Launchpad
28 July Decisions Emailed
NEXT STEPS
Over the course of the autumn you will be helped to start your company and coached on your business proposition and your investment pitch in preparation for pitching to AngelClubRCA
Selected start-ups will be offered a package of one year’s incubation at InnovationRCA. Before you are able to take up your office space, you will need to sign a services agreement and join AngelClubRCA
Wates Giving Social Enterprise Fellowships at InnovationRCA are awarded to Royal College of Art start-ups with ideas or designs that address clear societal needs. The Fellowships give them the opportunity to develop these ideas and kick start their social enterprises. Fellows receive financial support (up to £10,000) through bursaries and business mentoring with a hot desk at InnovationRCA.
Concrete Canvas Limitedfounded by two 2005 alumni
• Employs 30 • Exports to 80 countries • Ranked 16th fastest growing UK company by Sunday Times ‘Fast
Track 100’, winning the Queen’s Award for Innovation in Enterprise in 2014
ENTERPRISING RCA GRADS
ROLIfounded by a 2013 alumnus
• Employs 90 • Only British company to win a ‘Best of Innovation’ Award at the
Consumer Electronics Show in USA, 2016• Raised £32.5million in last 2 years
ENTERPRISING RCA GRADS
LOOWATT
• Revolutionary waterless toilet system that creates local economies around waste treatment by converting human waste into natural gas and fertilizer
• Won $1 million grant from Bill & Melinda Gates Foundation 2015• 35 household toilets installed and operating in Madagascar
ENTERPRISING RCA GRADS
Ananas Anam
Pinatex™, a new sustainable alternative to leather using natural fibres extracted from the waste leaves of pineapple plants. Piñatex is the first fabric to receive a “PETA-Approved Vegan” logo.
ENTERPRISING RCA GRADS
Gravity SketchIntuitive sketching in 3D
Tangi0Revolutionising touch control with 3D conductive surfaces
ENTERPRISING RCA GRADS
MetadriftVirtual Reality Discovery Engine
Beau Han XuLuxury brand using innovative gemstone setting techinques
ENTERPRISING RCA GRADS
ONEBYMEGender fluid urban, luxury clothing brand
Shore RugsInnovative luxury flooring woven using custom-developed silicone sponge cord
ENTERPRISING RCA GRADS
Aergo
Low-cost postural support system that dynamically corrects whilst relieving discomfort from being seated for long periods
ENTERPRISING RCA GRADS