OXFO L.E.V8 Accelerator
OXFO L.E.V8 (Elevate) at the Oxford Foundry is the University of Oxford’s most diverse accelerator. The programme takes in up to 12 high potential ventures a year and is designed to support and nurture early-stage start-up teams affiliated to the university.
Oxford students, staff and alumni can get six months free support to build their venture. This includes mentorship, masterclasses, office space and access to the Foundry’s global network of investors and partners including Biz Stone, Cofounder of Twitter and Medium, Jenny Tooth OBE, UK Business Angels Association, Professor Bill Aulet, MIT, Paul Polman, CEO of Unilever, and Robin Saunders, Managing Partner at Clearbrook Capital.
Ventures also get support to build a team – many ventures have met their cofounders through the Foundry, along with leadership and resilience skills support, financial, business, pitching, customer development and legal advice.
To date, the Foundry has supported 19 start-ups who have raised £7m, created 70 jobs and are having a global impact across sectors including retail, medtech, energy, publishing, fintech and more.
The accelerator is based in our Oxford Foundry building on Hythe Bridge street and runs from 18 November 2019 – May 2020.
“The Foundry has accelerated our growth by providing a space devoted to entrepreneurship, giving us access to people with diverse talents and expertise, and to its network of investors. It has been incredible. Such growth wouldn’t have been possible without the Foundry. We are now focused on raising capital and sales and marketing. We want to sign ten new clients by the end of the year.” Jason Lacombe, CEO, Veratrak.
We welcome solo founders and teams and it’s a fantastic chance to be part of a supportive and expert community. The programme is equity-free and worth over £60K per team.