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Frequently asked questions

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Applying

Is my business right for intu Accelerate?

We want to help start-ups take their business to the next level through collaboration with intu. We’re interested in all start-ups that can help us, in one or more of the categories described. Your start-up needn’t be at the very beginning of its journey. Maybe you have a product already, maybe you even have paying customers. If you feel that your start-up could benefit from working with intu then we’d love to receive your application.

When’s the deadline for applying?

Applications will close on 4th April 2018 at midnight GMT.

What info do I need to provide in my application?

We ask you for information about you, your product or service, your team and your company. Don’t hold back, let us know how great you are!

Is there a minimum age?

You must be at least 18 years old to enter intu Accelerate.

I don’t live in the UK, can I apply?

Of course! The best innovations can come from anywhere. Bear in mind that you may need a visa to participate in the accelerator and that you will be required to travel to the UK during the programme.

Participating

Is intu Accelerate like other accelerators?

We believe we are different. We’ll provide your business with opportunities to:

  •  Trial your product with intu
  • Access to funding from intu and L Marks
  • Receive mentoring from Senior intu Executives
  • Gain insights from subject matter experts through a top-notch education programme

What is the process?

The programme has 4 stages:

1. Apply
2. Pitch
3. Programme
4. Demo

See our timeline for more info.

Where is intu Accelerate?

intu Accelerate is at intu’s headquarters in central London (UK)

Where will the mentors come from?

Mentors will include senior executives from intu (see bios on our homepage), experts within intu companies, entrepreneurs and external subject matter experts. A full list of mentors will be announced in due course.

What does the day-to-day look like at intu Accelerate?

intu Accelerate’s itinerary is designed to help you create game-changing products. You’ll accelerate your working to rapidly develop your product, receiving essential guidance on key decisions in real time from your mentors. Each start-up’s experience on the programme will be unique – we tailor the mentoring and education programmes to meet your business’ specific needs.

How much will intu and L Marks invest in my business?

We are looking to make early-stage investments. Each participant will receive a bespoke investment offer before joining the programme.

How much equity will intu and L Marks take in my start-up?

There is no minimum equity requirement tied to the programme. The terms of each investment will be made using a mutually agreed valuation of your business.

Do I have to agree investment terms before joining the programme?

Yes, we’ll ask that you come to an agreement with us before the start of the programme.

When will I receive investment from intu and L Marks?

Investments will be finalised at the end of the programme.

Will intu and L Marks invest in every company that joins the programme?

We will agree investment terms with all the participating start-ups, however we will decide which start-ups we invest in at the end of the programme.