New business growth accelerator to spark success in Lincoln

The University of Lincoln has launched a pilot business growth accelerator to drive digital innovation and growth across the region.

Spark Accelerator, which will be based in the university’s business incubation centre Sparkhouse, will provide a free-of-charge package of funding, mentor-led guidance and networking opportunities designed to build a business’ capacity and improve performance.

The ten-week programme is due to begin in the spring and will be supported by well-known business leaders from across the county who will deliver workshops on everything from business planning and pitching to HR and marketing.

Rebecca Webster.

Rebecca Webster, the programme lead, said: “We know how difficult it can be in the early years which is why we’ve set up Spark Accelerator.

“Our initial focus is on start-ups that are either in the digital sector, or using new technologies to transform other sectors, because we see these as key to stimulating the local economy long-term.”

Successful applicants will be able to use office space within Sparkhouse during the programme, and will also have access to funding, up to £40,000 for the programme and professional support from a number of specialist mentors.

Applications are open now for businesses that have been running for less than two years, for more information click or tap here.