Entrepreneurs and startups can now apply be part of the first ever UK-based venture program from R/GA Ventures.
Launched in collaboration with InnovateUK, the UK Government’s innovation agency, the R/GA IoT Venture Studio UK will be based at R/GA London’s new connected headquarters.
Applications are open to the “next generation of entrepreneurs and startups” and the program is specifically looking for new and emerging technologies in all areas of IoT. Growth-stage startups are specifically invited to apply, as are early-stage startups, said the firm.
Up to ten IoT startups will be selected to participate in the program and those selected will be given access to R/GA’s marketing, branding, design, and technology services as well as access to its clients, industry partners and investors. Matt Webb, founder and former CEO of Berg Cloud, will lead the program as Managing Director.
“This is our third IoT program globally, and we are delighted to extend our unique R/GA Ventures approach to the UK as we look to support companies from around the world that want to bring their technologies to the UK market” said Stephen Plumlee, managing partner at R/GA Ventures and Global Chief Operating Officer, R/GA.
Matthew Hancock, Minister of State for Culture and the Digital Economy, added: “Government investment in the IoTUK programme is helping develop the next generation of technology which will power our economy and transform peoples’ lives. This latest funding boost will help companies bring their fledgling Internet of Things ideas to market and take advantage of emerging global opportunities.”
Other areas of interest for the program will also include Augmented Reality, Robotics, Smart Farming, Environmental Sensing, Urban Surveillance and Security, Mobility and Smart Cars, Off-Grid Mesh Networks, and Solar Charging.
While the program is particularly interested in the above categories, it told WIRED it “remains open to applications from any company that can impact the future of IoT on a global scale”.
The program is open to global startups and applications begin today and run until November 14. Finalists will be given the opportunity to present to investors, industry leaders, and the media in May.
Interested startups can apply for the accelerator at RGAIoT.com.