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Insights • Inspiration • Advice
YourReadyBusiness
Supported by
The smart way to make a great start-up.
BusinessAccelerators
An organisation offering mentoring,
support services and funding
opportunities for start-ups.
What’s a Business Accelerator?
Fact: Without support 9 out of 10 start-ups fail within 3 years.
Source: http: //fortune.com/2014/09/25/why-startups-fail-according-to-their-founders
If selected, you’ll be enrolled in an intense
programme lasting up to 18 months.
How does it work?
Fact: There are 40 Accelerator Programmes in London alone.
Source: https: //hubblehq.com/blog/the-official-list-of-londons-business-accelerators-and-incubators
You get access to capital and investment
in return for equity in your start-up.
What’s the deal on funding?
Fact: On average they ask for 5-10% equity in return for £20,000 to £30,000.
Source: http: //entrepreneurhandbook.co.uk /
Entrepreneur (and mum) Kuljit Thiaray,
founder of online ethnic marketplace,
Desi High Street.
Who have they helped...?
The world’s largest free business accelerator,
put their weight behind Kuljit’s start-up.
Entrepreneurial Spark
Kuljit and her business were provided with:
• A fully equipped collaborative workspace or ‘Hatchery’
• Enablement via a mentor
• Workshops and event nights
• PLUS some superb networking aand funding opportunities…
What happened next?
“At the Entrepreneurial Spark Hatchery launch event, I found myself with five other businesses pitching for prize money to a panel of business dignitaries and professional services companies. Much to my delight, I won!
”
Taking the next steps
Kuljit Thiaray, founder Desi High Street
“The programme enabled me to launch our live test website in just three months. We rebranded and ran an awareness campaign on South Asian television – tripling the number of retailers we have on board.
”
Going from strength to strength
Kuljit Thiaray, founder Desi High Street
“You don’t need to go it alone. I would recommend a business accelerator programme to any aspiring entrepreneur. The mentorship, opportunities and support they provide can propel a business like nothing else.
”
Propelling the business forward
Kuljit Thiaray, founder Desi High Street
VodafonePower to you
Find out more about the Desi High Street story at yourreadybusiness.co.uk
Let’s make every business
ready for anything