Tech Nation has opened up applications for the latest versions of its growth and sector programmes.
These include Fintech 4.0, Net Zero 2.0, Applied AI 3.0, Upscale 7.0, Future Fifty 10.10 and Libra.
Fintech 4.0 is aimed at fintechs that are at the equivalent of seed to series A funding stage. If the company is self-funded, the minimum annual revenue is £100,000 and maximum £1.5m.
The programme features entrepreneurs, investors and experts to pass on knowledge.
Net Zero 2.0 has been designed to support climate-tech firms that are creating a more sustainable future and requires them to have grant funding or investment up to series A funding stage or if revenue focused, they are generating £1.5m or less annually.
Applied AI 3.0 is for businesses with artificial intelligence at the core of their value proposition and key product while Future Fifty 10.10 is for companies achieving 50 per cent year-on-year growth and at series B plus funding stage or if revenue focused, are generating annual revenues over £5m.
Upscale 7.0 is for businesses that are venture capital backed, having raised a series A round, or are revenue focused and generating £1.5m to £5m, growing at a rate of approximately 10 per cent per month, on revenue, headcount, users or any other primary growth metric, and looking to continue growing.
Libra is a programme aimed at businesses with minority ethnic senior staff members.
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At least one member of the founding team must self-identify as black or multiracial with black heritage and this member must have a majority/equal equity stake in the business. To qualify, the company applying should have been incorporated within the last one to five years and should be at the seed to pre-series A funding stage.
To take part in the programmes companies must be headquartered in the UK. Applications for all the schemes close at 4pm on 30 June 2021.
“Over the last few years, we’ve worked with hundreds of the UK’s leading tech companies and had the opportunity to hone our growth programme offering, to ensure the companies involved have the support, advice and connections to help your company thrive,” said Tech Nation on its applications webpage.
“Whether you’re an early-stage founder trying to get things off the ground, or a late-stage chief executive steering a much bigger ship, we have the perfect growth or sector programme for you.”