Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services.
Coworking space and innovation centre Plexal has announced the launch of a new accelerator programme.
Plexal’s OpenDoor initiative will support products, services and projects that make work more inclusive and enable under-represented groups to access better business and economic opportunities.
The accelerator programme will give entrepreneurs access to marketing and messaging support, business model development, tailored introductions to partners, investors and corporates, as well as access to the Plexal Community and coworking space.
An entrepreneur is an individual who takes the risk to start their own business based on an idea they have or a product they have created while assuming most of the risks and reaping most of the rewards of the business.
Accelerators provide intensive and time-limited business support for cohorts of start-ups, aiming to get them ready for investment more quickly than traditional incubators.
Plexal combine their open innovation approach with a community of fast-growth start-ups to help enterprises and the government unlock the potential of technology.
From live testbeds and start-up scouting to creating new technology, Plexal worked with some of the most influential government departments and global tech companies.
This includes popular brands such as IBM, Amazon Web Services, the National Cyber Security Centre and the Department for Digital, Culture, Media and Sport.