If you’re thinking of applying for the next Acorn Enterprise Business Accelerator Programme in Dundee you clearly have good judgement! 🙂
You may also have some questions about the programme so we have written this blog to help answer some of those burning questions. This will allow you to decide if the Business Accelerator Programme is the right step for you.
Limited places. Runs 27th February – June 2018. Good luck!
Q. Am I expected to attend every day for the duration of the accelerator programme?
The accelerator programme runs for 4 months, 27th February – the end of June. The time commitment is 2-3 hour seminars every Tuesday and Friday, 9.30am-11.30am/12.30pm.
Whilst this may seem like a massive time commitment, Acorns on the last accelerator programme have all asked that the seminars be extended to 3 hours from 2 so they can go into subjects in even more detail.
The time really does fly and although you are not “working in your business” during this time, it is time wisely invested in yourself to develop your business, building stronger foundations for a sustainable future.
We know that life can get in the way so we don’t expect you to attend 100% of these seminars. However, if you miss too many seminars, you won’t get the full value from the programme and your place may be offered to another applicant.
Q. Is the Programme really free?
Yes! There is NO COST to the businesses that participate and we don’t take a share of your business.
However, we do ask at the beginning of the programme for a deposit of £25 to cover key fobs/cards. These allow you access to use free work space over the duration of the accelerator programme.
Acorn Enterprise is on a MISSION to grow Scotland’s start-up business culture and this is our way of giving back.
We fund the programme by working with Colleges, Universities and other organisations who want to put entrepreneurship and innovation at the heart of what they do.
We don’t receive any funding from the Council, the Government or Trusts.
Q. What will I learn on the programme?
The Tuesday seminars consist of range of topics covering Marketing, Sales, Goals, Time Management and Law.
The seminars are held by ourselves, successful local entrepreneurs and businesses who are experts in their fields, some of who will have been in your position some time.
The Friday session is the Accountability group. Every week we will ask you to set goals that will allow to push your business forward.
It is down to you to make sure you achieve those goals, but as a group we will also give you a kick up the arse if need be!
Q. What have previous participants said about the programme?
We have successfully ran 8 Business Accelerator Programmes over the last 4 years and have helped around 100 Acorns (new businesses).
Of those that graduated from the programme, 70% are still growing and thriving!
Previous “Acorns” have said: “Acorn helped me find myself” and “Acorn gave me the kickstart to achieve my dream”, which makes us feel very proud of the impact we are having!
You can watch this cheeky video where previous Acorns say how they benefited from the Business Accelerator Programme.
Q. How many places are there?
Typically, we only work with between 5-15 new business owners on each accelerator programme so that each “Acorn” (participant) can get the most value from it.
Q. How many people tend to apply for a place?
As word grows about our programme, we are continually over-subscribed so if you’re thinking of applying, go for it!
Q. When will I hear if I have a place or not?
After you fill in the online application form (here!), we will invite you to attend a selection interview in late January/early February 2018.
As this is a competitive process, not everyone is offered an interview.
Should applicants succeed at the interview stage, they are informed of their place on the programme running: Tuesday 27th February – the end of June 2018.
Q. Where is the programme based?
Up until this programme, we have been based at Liberty Space in Rosyth and Kinross.
However, the 9th accelerator programme, will be based at our newest location in the Flour Mill, Dundee and will be our second programme in the city.
Q. What Do I Do Now?
If you think this is the programme for you to help take your business to the next level, you can apply by filling out the application form (here)!
We hope these answers have clarified what the Acorn Enterprise Business Accelerator Programme is all about to allow you to make the right decision.
If it isn’t for you right now, but you would be interested at a later date, follow us on Facebook and Twitter to keep up to date with all the latest news, information about the programmes and educational startup content.
We look forward to working with you 🙂