"Blue Lake provides a valuable opportunity for Ukraine’s most promising internationally-focused startups"
Important COVID-19 information. Blue Lake acceleration programme is currently on hold while we are assessing the situation. Startups are welcomed to submit their applications these will be reviewed once we have figured out what comes next.
BLUE LAKE ACCELERATOR
Blue Lake Accelerator is the UK based startup Accelerator focused on exploring the emerging markets opportunities with a focus on Eastern Europe and Ukraine in particular. We are a product-focused, go-to-market accelerator supporting early-stage startups with global ambitions.
The Ukrainian start-up scene abounds with technological innovation and excellence. For historic reasons however these startups rarely have the support required or enjoyed by the peers in the more developed economies. We see this as a rather unique situation where utilising the UK experience Blue Lake Accelerator can invest and support early-stage Ukrainian startups, helping and build companies with world-class products and services.
Ok so this all sounds great, but how does it work? Simple.
We select up to 7 early-stage, preseed level startups to apply to take part in the 12-week accelerator programme. These will then receive an investment of between £10K - £35K, a place in Blue Lake London, and most importantly, access to mentors and our network.
During the acceleration period, startups receive knowledge, contacts and individual support helping to take their products or services to the international markets, find the first clients and build a sustainable business model. We are particularly focused on the client traction development, and joining Blue Lake you have to be prepared to spend a lot of time in front of your future (hopefully) clients!
Once the three months programme completed the graduation will take place in London where startups will have the opportunity to pitch to the Series A investors.
Blue Lake Accelerator is fundraising if you would like to find out more please see the investor section of the site.
How to join
We consider startups from all segments as long as you can answer yes to all of the following questions.
Is your startup internationally oriented?
Is there an opportunity for explosive growth?
Do you have an MVP?
Are ready to fully commit?
Can you move to London for the 12 weeks that the programme takes (don't worry we will help with logistics, visas etc)
If you can answer yes to all of these questions we would love to hear from you!
If you do not feel that you are quite ready for the acceleration just yet or have some specific issues that need to be addressed right now, check out the Blue Lake startup services section.
Blue Lake Accelerator will make individual investment proposals to the startups invited to join the programme.
Funds will be offered in tranches with mutually agreed milestones that will be set before the start.
Typical funds usage may include: R&D, Legal, Recruitment, Marketing, Sales and other activities that are directly related to the startup development.
Not included: Founders salaries, equipment (laptops, mobiles etc).
The funds can be used for living expenses during the acceleration period in London, conditions apply.
The exact details will be agreed on an individual basis to ensure the most efficient fund's usage.
Blue Lake Demo Day, December 2019
Blue Lake Accelerator's first demo day was special bringing together Blue Lake's own and guest startups, early-stage investors, corporates looking for the next big thing and high profile keynote speakers
We are open to partnership opportunities. Please contact us for more information.