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Elevator invites applications for second business accelerator

Inside Elevator's Centre for Entrepreneurship in Bridge of Don.
Inside Elevator's Centre for Entrepreneurship in Bridge of Don.

Scottish enterprise support company Elevator has invited budding entrepreneurs to apply for a place on its second business “accelerator” programme.

Elevator’s 20-week scheme has been devised to propel start-ups towards global success.

Ten fledging businesses recently completed the inaugural accelerator, which was launched in March at its £1million Centre for Entrepreneurship in Bridge of Don, Aberdeen.

The centre, which opened last year, gives start-ups access to modern seminar and meeting rooms, interactive video conferencing, whiteboard technology and lightning-fast broadband.

Participants are also offered guidance on their business models by mentors and global industry experts, who deliver workshops and presentations.

Candidates have until August 21 to get their applications in.

Start-ups that get through the first stage will then have to make a business pitch to a panel of judges, who will decide which businesses are right for the second accelerator, which kicks off in October.

Jim Cargill, chief executive of PlanSea, a spin-out from Robert Gordon University that produces software for oil and gas industry clients, took part in Elevator’s first accelerator programme.

Mr Cargill said he enjoyed the camaraderie created by working alongside other start-ups and encouraged others apply.

He added: “If you are in the process of starting your own business or looking to scale your existing business, the programme is a great way of doing this.”

Elevator chief executive professor Gary McEwan, said: “The programme offers a ‘ivy league’ level education in entrepreneurship where we challenge entrepreneurs, their goals, their plans and their business ideas.

“Following the massive success of the first intake, we look forward to receiving applications from people with the drive and determination to form the second group of founders on the accelerator programme.”