BetaDen is delighted to have our team’s hard work recognised by being shortlisted as a Best Tech Accelerator finalist for UK Tech Awards 2022. Being shortlisted is a great achievement for us and we are hoping to bring the award home when it comes to the ceremony later this year. Winning would strengthen BetaDen’s reputation as the leading Tech Accelerator in the region and reinforce that our mission to accelerate local technology is required and necessary.
BetaDen is unique in the technology accelerator space. Co-located with Worcestershire’s first 5G testbed at the Malvern Hills Science Park, BetaDen supports the development of a broad range of technologies – removing some of the commercial sensitivities involved in participating in tech-specific programmes and thereby boosting the value it adds to participants.
As an independent accelerator, it is not beholden to any university or commercial partner, allowing founders to develop their technology in the way they see best without vested interests steering their direction.
The diversity of its cohorts is a real strength, allowing greater collaboration and cross-fertilisation of ideas than is possible in other settings. By not charging founders for its services, the accelerator is truly accessible to anyone with a good tech idea.
Since we launched in 2018, we have supported 37 businesses across a wide range of technologies – from cyber security and blockchain-driven innovations to autonomous vehicles, Industrial Internet of Things software and workplace wellbeing apps.
The recipe is proving increasingly successful, with cohort businesses securing £millions in investment and funding, proving new technologies, winning awards, and gaining industry recognition.
By pivoting its delivery model during the pandemic, BetaDen continued delivering real help for real tech during one of the most trying periods in recent history, supporting cohort founders to play their part in the pandemic effort and ensuring their businesses were ready to fly once the immediate emergency passed.
Cohort businesses have now secured millions of pounds of investment, created almost 100 jobs, and are delivering world-first innovations to customers as far afield as Canada and South Africa.
This success is putting Worcestershire on the global technology map, with two recent founders from Europe choosing to create UK businesses to develop their technology at BetaDen. This inward investment is key to creating high-value jobs in the region, helping secure its economic future as we move into the digital age.
We do not take this award shortlist lightly and would like to thank all who have been with BetaDen throughout the years for their continued support.