New venture programme for entrepreneurs launched
An advertising company is launching its first UK-based venture programme for the “next generation of entrepreneurs and startups.”
R/GA Ventures will be teaming up with government agency InnovateUK to launch R/GA IoT Venture Studio UK, which will be based at its headquarters in London.
R/GA Ventures is looking for up to ten IoT startup companies to join the programme, specifically growth-stage start-ups and early-stage start-ups.
Businesses will gain access to a wide range of R/GA’s services, including marketing, technology, branding and design, and will also have the opportunity to connect with industry partners, clients and investors.
Start-ups that make it to the final stage of the programme will be able to present their ideas to investors and the media in May next year.
Commenting on the programme, R/GA Ventures Managing Partner and R/GA Global Chief Operating Officer Stephen Plumlee said: “This is our third IoT programme 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.”
Minister of State for Culture and the Digital Economy Matthew Hancock added: “Government investment in the IoTUK programme is helping develop the next generation of technology which will power our economy and transform peoples' lives.”