You are invited to join...The Alacrity Foundation

to meet the executive team alongside Sir Terry Matthews. The event will explore how working with Alacrity incubators can accelerate innovation, liberating new solutions for your markets.

18th November12:15 - 15:00 Lunch BuffetDining Room CHouse of CommonsLondon, SW1A 0AA

foundationAlacrity House, Moderator Wharf, Kingsway, Newport, NP20 1HG

+44 (0)1633 259 517 www.alacrityfoundation.co.uk

Click to RSVP

Please Scroll down to find out more about The Alacrity Foundation.

foundationAlacrity House, Moderator Wharf, Kingsway, Newport, NP20 1HG

+44 (0)1633 259 517 www.alacrityfoundation.co.uk

Education

In Alacrity, the participants gain real-world business experience and learn the best practices from successful entrepreneurs and business professionals. Skills and knowledge gained in a variety of business disciplines equip the participants to manage the operations of the new technology company.

Alignment

Graduate incubator teams under the guidance of the Alacrity Foundation evaluate products with their strategic partners. Project selection is predicated on those that are scalable, repeatable and have a verifiable business model. This results in the strategic partner being presented with a solution which fits their chan-nel requirements. Each graduate team is expected to produce a verified product or service, have visibility of a revenue stream and customers in place prior to incor-poration. This methodology reduces the risks generally associated with start-up companies.

Strategic Partners

The Alacrity Foundation

The Alacrity Foundation is a collaboration between the government and industry. Alacrity provides graduates with practical business entrepreneurship training and mentorship with the goal of producing a new genera-tion of UK based technology companies.

The Foundation offers a 12 month program which organises graduates into incubator teams and match-es them with demand driven opportunities which are sourced from strategic partners. The intent is for each team to create products and services which address nascent market needs and match significant customer demands.

The Alacrity Foundation Graduate EntrepreneurshiScheme offers three key benefits:

1. Provides a postgraduate education in entrepreneurship and commercialisation.

2. Aligns participants with the marketplace and customer demands identified in conjunction with strategic partners.

3. An associated seed fund provides capital to make sure each team is positioned for success after they incorporate.

Capital

Incubating teams that successfully graduate from the programme and form a company receive up to £250,000 in seed funding. The graduates become co-founders of their business and have an equity stake in the incorporated company. Strategic partners may have the opportunity to establish an equity position in the company based on revenue milestones and by participation in further funding rounds.

Strategic Partner Benefits

1. Accelerated innovation - The agile Alacrity teams develop commercially viable product within a nine month timeframe with no upfront costs to the partner

2. Exclusivity - first access to new innovative products and services

3. Liberate ideas - allowing ideas to develop unencumbered from the restrictions typical of large organisations

4. Corporate social responsibility - supporting employment of recent graduates in the creation of new indigenous UK firms.

“Mentors offer more than just experience and knowledge. They are role-models, sounding-boards and motivators. They know how to help you reach your potential.”Arnab Dasgupta- Alacrity Graduate