Applications open for Shott Scale Up Accelerator Programme (UK)

Focus Areas

• The focus of their growth training programme will be on the following six key areas:
  • People and culture
  • Good governance
  • Customer acquisition
  • Product and service development
  • Securing growth capital
  • Access to new markets
• These modules reflect fundamental growth barriers facing leaders today, each module includes workshops led by subject experts and seasoned entrepreneurs, as well as individual practical “surgeries” with the trainers.

Benefits

• They support leaders with a unique package of funding and training over twelve months:
  • 36-hour growth training programme with a cohort of 15 deep tech leaders
  • 1:1 leadership coaching to focus on your development as a leader
  • 1:1 business mentoring from their unrivalled network of the UK’s leading engineers in industry, who have founded, scaled and sold successful enterprises many times over
  • £10,000 grant to pay for leadership courses anywhere in the world
  • Access to their 100+ investor network
  • An individual relationship manager to make connections to investors, corporates, experts and the Academy’s network of 1,700+ Fellows
  • Lifetime access to their co-working and meeting room spaces in London, Belfast and Glasgow.
  • Fully-funded access to Culture+, their equality, diversity and inclusion platform designed to help SMEs develop and sustain an inclusive culture as they scale.
  • Lifetime membership of the Enterprise Hub’s exclusive events, connections and mentoring opportunities.

Eligibility Criteria

• The applicant
  • Both engineers and non-engineers who work at engineering and technology SMEs based in the UK are welcome to apply.
  • Applicants of any nationality are eligible as long as you have the right to work in the UK.
  • Only one individual from a company can apply per round of the programme.
  • The Academy is committed to diversity and welcomes nominations and applications from women and other groups who are currently under-represented across engineering, as well as recognising the full breadth of engineering.
• The company
  • Applicants from both pre and post revenue high growth SMEs are eligible to apply. Your associated company must have cumulatively raised at least £1million through either equity investment (from inception), turnover in the last financial year (excluding grants or consultancy), or a combination of both.
  • Applicants from companies operating in the MedTech sector will also be considered eligible if they have raised at least £1million through grant funding and equity investment since inception.
  • Applicants must come from a company based in the UK and registered with Companies House. For multinational companies, the Head Office must be based in the UK.
  • Only applicants from SMEs who aren’t wholly or majority owned by another company are eligible (SME as per the EU definition).
  • They cannot accept applications from individuals in consultancies.
  • Software companies must exhibit engineering as their core component and should be innovative and protectable.
• The application
  • Applications must be written and submitted by the intended recipient.
  • They will award one individual from a particular company. One additional awardee associated with the same company will be considered in another application round if the candidate belongs to a group that is underrepresented within UK engineering. Please note this also includes those who were successful in gaining a place on the previously named SME Leaders programme.

For more information, visit Royal Academy of Engineering.