The program seeks 12 scalable corporate companies with high growth potential. The program is open to both Scottish and international companies and will be open for applications until 15th May.
Successful applicants will join an accelerator that will run for six months starting in mid-September. Startups have the opportunity to expand their business through workshops and mentors, receive generous financial support, and engage with potential investors. Some Accelerator graduates have secured her over £30m in external investments.
The program will take place at the University of Edinburgh, the second highest data science institution in the UK. QS World University RankingsThe program is both in-person and digital and is offered on behalf of the University’s Data-Driven Innovation Hub, Bayes Center and Edinburgh Innovations.
At the launch of this year’s Accelerator, Kim Graham, Vice Chair of Research and Enterprise at the University of Edinburgh said: For external investment opportunities to expand your business.
“The AI Accelerator will have real economic impact by supporting both Scotland-based companies and international companies looking to operate here. Reflecting the 60 years of the University of Edinburgh, we look forward to attracting the best applications from around the world.”
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Since its launch in 2018, the program has supported companies such as Edinburgh cancer research company Carcinotech, climate monitoring solutions provider Space Intelligence and Zumo, the UK’s leading crypto wallet payment platform.
Stuart Hannah, co-founder and CEO of MicroplateDx, which participated in last year’s AI Accelerator, said: “While we have been involved with many other accelerators in the past, the Edinburgh University program connects us with key investors and provides clear guidance and mentoring to help grow our business. It has proven to be unique in that it does.”
