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Careers

£110,000 awarded to innovative north Wales start-ups by M-SParc Accelerator programme

Jamie Thomas

Menai Science Park’s Level Up programme continues to give innovative start-ups unrivalled support, with applications now being considered to join the programme’s second cohort.

Continuing to develop an impressive track record of success in supporting the region’s most innovative start-ups, M-SParc is delighted to confirm that its accelerator programme, Level Up, has awarded £110,000 of support to four businesses in the region.

Helping ambitious business owners develop the skills, focus and confidence needed to lead a successful start-up, Level Up has offered a comprehensive package of support, guidance and opportunities to nine leading north-Wales-based start-ups in recent months, and the programme is now accepting applications to its second cohort, beginning in September 2022.

A five-month programme, Level Up gives ambitious founders exclusive access to expert mentoring, a community of likeminded founders, their own global advisory board with powerful networks and exclusive opportunities for growth.

M-SParc Accelerator Programme Lead Olu Peyrasse (right) with Anna Roberts, CEO and Founder of Explorage (left).

£110,000 in total has been awarded to four businesses on the programme’s inaugural cohort, with Pai Language Learning, Explorage, Curatec and Dewin.ai receiving £50,000, £30,000, £25,000 and £5,000 respectively.

This news follows a competitive process which saw members of our accelerator pitch for funding to boost their growth. Decisions were made based on how much of an impact the funding would have on their speed to market, the potential to create new jobs in the region and the likelihood of realising the target impact.

M-SParc’s Level Up Accelerator Programme Lead, Olu Peyrasse, said:

“Mid-way through the programme this is a huge boost for the businesses named and will enable them to get to a commercially viable position rapidly while also developing their team by creating new roles in the region. 

“We’re excited to continue working with them over the coming months, especially to help them identify and onboard the best local talent. A huge congratulations from all of us involved.”

Businesses interested in making an application to join Level Up’s next cohort in the autumn are invited to apply today by visiting www.m-sparc.com/level-up, with applications closing on August 4th at 5pm.

Investors that are looking to support some of the most exciting start-ups in north Wales are invited to the Level Up Showcase – a live event where businesses on the current accelerator cohort from Level Up will present. You can book your place on the event here!

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