£20,000 worth of funding and expert support offered to start-up ideas that focus on the value of location.
The Geovation Programme, which runs out of Ordnance Survey’s recently opened Geovation Hub, offers developers, innovators and entrepreneurs the chance to develop any ideas related to spatial data or technology.
“There are many people out there who have really good business ideas, but who have to give up their evenings and weekends to pursue them, because of the very real need to earn a wage. This means ideas progress at a slower rate or are lost altogether, which constitutes a disappointing loss to the economy,” notes Geovation Hub manager Alex Wrottesley.
“The Geovation Programme levels the playing field for those who cannot afford to take time off to pursue their ideas. It offers anyone with the right idea, commitment and passion a chance to take the time needed to make their idea a commercial reality. Through it they can earn up to £20,000 in exchange for a minimum of 20 hours a week at the hub dedicated to working on their idea. If they need to top up their income they can take on extra work without it inconveniencing their goals.
“In addition to funding we provide a full curriculum of innovation modules to help our participants develop their ideas, whether they need access to experts from Ordnance Survey and the wider geo-spatial industry, business mentors to help make their proposals bulletproof or senior developers who can help them build concept-proving prototypes to attract investors and early adopters. What makes this a special prospect for people is that we do not want or expect a penny back. We just want them to succeed,” he enthuses.
The deadline for applications to the Geovation Programme is 1 August. To find out more, or to apply, visit https://geovation.uk/programme/.