AN INITIATIVE by the Aberystwyth Innovation and Enterprise Campus is offering budding innovators a 12-week workshop next month to help develop ideas.

Working in collaboration with Nurture Ventures, the BioAccelerate project for mid and west Wales was launched earlier this year, with the first workshop taking place this month.

The 12-week programme will be an intensive mixture of workshops and hands-on mentoring with support from the programme’s sponsors enabling BioAccelerate to be offered free of charge to selected participants.

The programme will help participants develop their innovations into market-ready propositions and will culminate in giving them an opportunity to pitch for investment to a panel of industry experts.

Participants who complete the BioAccelerate programme can expect to develop their own business model canvass, financial projections, a defined market opportunity, a prospective company valuation and a pitch deck.

The programme seeks to recruit up to 12 innovators in its first cohort.

Expressions of interest are invited as of last week and will help the recruitment panel to select the companies with the potential for the highest commercial and social impact.

Dr Rhian Hayward MBE, chief executive officer of Aberystwyth Innovation and Enterprise Campus said: “I am delighted that we can offer investor-readiness support to early stage companies and entrepreneurs.

“Our business community in mid Wales is growing rapidly and the Aberystwyth Innovation and Enterprise Campus is here is develop networks and connections through BioAccelerate and other initiatives towards a larger cluster.”

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