Startups in London’s tourism and business event sectors are now being encouraged to apply to the London & Partners’ Business Growth Program.
Launching in late June, the accelerator program's summer cohort will support companies in tourism and business events, creative, urban, life sciences, financial, business services and technology industries, as well as in the impact (purpose-driven) sector as originally planned.
The decision to extend the Business Growth Program is a direct response to the coronavirus (COVID-19) crisis by London & Partners, as they look for more ways to support the tourism and events industries at this time.
As countries around the world respond to the pandemic, companies in the tourism and business event sectors have faced huge disruption as governments encourage people to avoid travel at this time.
Tourism and business event companies accepted onto the program will benefit from a wide range of virtual resources and opportunities across the Business Growth Program network, from focused sessions on cash flow, workforce planning and accessing support during the crisis, through to mentoring, sector-specific thought leadership and access to a dedicated business growth manager.
The Business Growth Program has supported a number of tourism and travel technology businesses in the past. Amongst these are Grapevine, a machine learning platform that provides personalized content to travel businesses, and Btrfly, a mobile app that offers digital airport lounge experiences and business networking opportunities to air travellers.
To be eligible for the free, three-month accelerator program, businesses must have a U.K.-registered company, be based in London, have between three and 250 employees, a turnover of less than £40 million and a minimum viable product. Eligible tourism and business events startups are invited to apply for a place on the Summer Cohort before the deadline on June 1.