Anticipated Space Accelerator Launches Applications for Third Cohort

The UK Space Agency Accelerator is thrilled to launch its highly anticipated third iteration of its Leo and Geo programmes at the Farnborough Air Show. Run in partnership with the UK Space Agency, Entrepreneurial Spark and Exotopic, these latest programmes are set to continue the momentum of the UK Space Agency Accelerator in building a flourishing space ecosystem.

 

Creating a Flourishing Space Community

The Leo and Geo programmes provide unparalleled business mentorship that supports businesses to make ambitious progress towards commercialisation. As a result, a vibrant and diverse community of startups is flourishing within the UK space sector that enables entrepreneurs from adjacent industries to flourish in the space sector.

 

Building thriving businesses in space

The Leo programme is for entrepreneurs who already have a proof of concept in place and are eager to build a high-growth, scalable space company. Across the dynamic six-month programme, successful entrepreneurs will access in-depth workshops and 1:1 sessions with a selected team of growth experts. With their guidance, those in the cohort will refine their business model and product strength to find a sustainable route to market.

The Geo programme provides bespoke support for entrepreneurs with developed market traction, who are ready to drive their businesses towards scale. During the intensive six-month programme, entrepreneurs will work in depth with commercialisation experts to strategically position their businesses for sustained growth.

 

Driving Impact in the UK Space Sector

The launch of the Leo and Geo programmes coincides with the exciting release of the UK Space Agency Accelerator Interim Impact Report. This report outlines the significant impact the UK Space Agency Accelerator has had on UK space startups so far. Some of the most notable outcomes include:

  • 76 UK businesses have been supported by the programme.

  • £1.38m of funding has been raised with a further £23m in the pipeline. 

  • Entrepreneur participation from 11/12 regions in the UK

  • 50 new jobs created

  • 96% of participants emerged with a clear business model

Through its most recent Explore cohort and anticipated next Leo and Geo programmes, the UK Space Agency is furthering its work to support a flourishing startup ecosystem within the UK’s growing space sector.

 

Strategically Position Your Business in Space

Applications for the Leo and Geo programmes open on the 22nd of July 2024 at 9am. This is your opportunity to join a valuable network in which to share your ideas and transform your business.

Leo and Geo applications will be open until the 18th of August 2024. Applications are accepted on a rolling basis however the cohort is expected to fill up quickly, so we encourage you to apply at your earliest convenience.  

Sign up for the waiting list

Apply for the Leo programme here: https://airtable.com/appLL0zXXDob4jQKY/shrRU8s9rrd3L1JZ0

Apply for the Geo programme here: https://airtable.com/appLL0zXXDob4jQKY/shr7WjkSsJQNAHAVA

 

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