Product Growth Programme to support Startups – UK

Product Growth Programme supports startups with innovative digital products and technologies in their pursuit of product-market fit. The programme is delivered online and will teach you how to secure funding runway, access high growth target markets, and build a team to accelerate development.

The Challenge

• The partner Plexal is passionate about solving society’s challenges by collaborating to create new technology.
• They support startups to accelerate products that use digital innovation for the good of people, organisations and the planet.
• Plexal is especially interested in hearing from startups whose digital products might bring:
  • Good health and wellbeing for people and communities of all ages
  • Sustainable innovation across sectors, such as food, energy, retail, production and infrastructure
  • Equality in society, systems and workplaces.

How is the programme delivered?

• The Product Growth Programme is a three-month online accelerator with a mixture of live sessions and on-demand content that you can complete in your own time. The programme concludes with an in-person showcase day, connecting startups with experts, industry contacts and investors.
• Successful applicants will gain access to:
  • Fortnightly expert workshops with take-away tasks covering the fundamentals of building a product-led business
  • One-to-one mentoring sessions with business growth experts
  • Pitch masterclasses and practice sessions to improve sales pitches and insure investment readiness
  • Networking and support-sharing with 25 like-minded, high-potential startups.

Why join?

• With support from best-in-class speakers, mentors and course materials, the Product Growth Programme will help you accelerate from MVP to ready-to-scale.
• By the end of the programme, you’ll have identified high-growth target markets, solidified your go-to-market (GTM) strategy and developed a commercial plan to scale your business.
• If you’re selected to be part of the programme, the equity or intellectual property of your product remains with you throughout.

Who’s it for?

• The Product Growth Programme is designed to help 25 high-potential founding teams, with innovative digital products, unlock their next phase of growth.
• To benefit from the programme your business will likely be a digital or technology based startup that has been in operation for up to two years. Your business will be product-led, and your product(s) should be at working MVP stage with proven traction; but has not yet achieved significant growth. If you have raised capital, the total amount should not exceed £500,000.
• You need to:
  • Be based in the UK with a registered UK company
  • Be a founding team of up to six people
  • Have products that are at, or beyond, working MVP stage
  • Have proven traction in the market: either through a small number of paying customers, or a signed POC with a prospective customer
• They welcome applications from people and teams of all ages, backgrounds, and experiences.

For more information, visit Barclays Eagle Labs.