ProjectEV is an accelerator programme to develop super-growth businesses in Liverpool supported by the Mayor of Liverpool Joe Anderson and led by Cllr Nick Small, cabinet member for employment, enterprise and skills.
Cllr Nick Small:
“This is exactly the sort of initiative which builds the legacy following the Global Entrepreneurship Congress earlier this year. The GEC, Liverpool Embassy in London and our presence at the World Expo in Shanghai prove that Liverpool is a place where people, in the UK and across the world, want to do business.“This will be another Liverpool first which will help grow the businesses of the future.”
The project is believed to be first of its kind outside the USA and builds on the success of this year’s Global Entrepreneurship Congress (GEC) where 3,000 delegates from around the world came to the city.
ProjectEV offers support for entrepreneurs who have an innovation, business idea, solution, design or project that meets a need in any of the following fields:
video services and digital home
If your project has been chosen to enter ProjectEV, for the three years of the project you will receive assistance on funding & finance, management & advisory, space & infrastructure and training & networking. A well equipped work environment based at the Albert Dock Liverpool will be provided to the 15 selected companies as well as the support partners of the project and administrative support.
You can apply for ProjectEV online (http://www.projectev.co.uk/index.asp) after which a selection process will take place involving the following steps:
1. ProjectEV will analyse all the proposals received. In this phase, only those that do not comply with the specific conditions and business areas will be ruled out.
2. The assessment team, the members of projectEV’s team and with Mentors with experience in the specific business areas, will pre-assess the projects and choose the best proposals in each competition.
3. The shortlisted applicants will be invited to participate in “projectEVweek”, where up to 15 projects will be chosen for acceleration.
4. The selected projects will enter the ProjectEV HQ (aka Enterprise Village), a collaborative physical space and work environment where you can share your energy and experience with other entrepreneurs. You will then formalise the commitment and start receiving the financing, training and support that your project requires so that it can become a viable and profitable company.
For the three years of the project you will receive funding of up to £250,000 per annum to access the best business advisors from our panel to give you a boost to your business plans, and acheive your goals. In return all you will be expected to pay is the market rate for the space you will occupy at Enterprise Village.
All together, an interesting new initiative to support entrepreneurship in the Liverpool City Region!!!