Teams take part in Teesside University accelerator programme

Six groups from Searchcamp, a partnership between North East investors and Teesside University, took part in the 12-week business accelerator programme

Teesside University Middlesbrough Campus

Teams of entrepreneurs from as far afield as Spain and Romania have taken part in a university event aimed at starting out in business.

Six groups from Searchcamp, a partnership between North East investors and Teesside University, took part in the 12-week business accelerator programme.

An investor demo day marked the programme’s finale and saw the teams live and work on campus while they developed their products.

The teams pitched their ideas and products in front of around 100 investors and business leaders at the Centuria building within Teesside University.

Searchcamp gave the start-ups £15,000 of seed capital and intensive mentoring and workshops with internationally-renowned speakers in return for a small stake in their company.

Using ‘lean start-up’ principles, the teams have now developed market-ready products which ranged from a social networking site for cats to a mobile dating app.

The day showcased the various companies and revealed how they had developed ideas and attract investment during the 12 weeks.

Professor Cliff Hardcastle, deputy vice-chancellor (Research and Business Engagement), said: “We’re always looking for opportunities to generate new businesses and this has been an amazing experience.

Some of the teams will now move to the Searchcampus at Middlesbrough’s Boho zone.

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