Dragons' Den-style scheme pledges £1m in start-up support
Manchester app developer Dreamr is launching a Dragons’ Den-style initiative offering £1 million worth of support to the North’s tech start-ups.
Start-ups and entrepreneurs can now apply for free development and infrastructure services via Dreamr Ventures’ online portal.
Tech businesses and individuals which impress the team and put forward an innovative business plan, prototype or pitch will then be supported with strategy, branding and other operational requirements.
Mylo Kaye (pictured below), founder and CEO of the award-winning firm, told BusinessCloud: “They might come to me and say ‘Mylo, I need an app’. We would then build them a complete working app which showcases their product offering.
“We could give a successful applicant, say, £20,000 worth of development – it could be more than that – which they can then take to an investor and secure even more money.”
Dreamr Ventures is committed to giving a total of £1m worth of support to the qualifying businesses over the next five years, helping them to grow and secure financial investment.
It will be headed up by Jack Mason, Sebastien Vanderlinden and Andrea Perizzato.
Kaye, who will speak at our October event focused on 'Future proofing your business through tech', continued: “I’m hugely excited about Dreamr Ventures and looking forward to seeing the incredible tech start-ups that we will be able to support over the next few years.
“Manchester is brimming with entrepreneurs and forward-thinking individuals and companies, and we truly believe that this great city of ours can be a global pioneer in technology innovation.
“We want to use our experience and expertise to really nurture budding app developers, AR and VR innovators, and help them to develop and move their businesses forwards. The main aim will be for these tech start-ups to achieve genuine success.
“We are calling on tech starts ups and entrepreneurs to apply straight away, as interest in the programme has already been tremendous.”
Dreamr creates mobile apps for iOS and Android for entrepreneurs, start-ups and large enterprises.
As well as creating apps that utilise new and exciting technologies, the company also invests in its staff wellbeing, and pledges 10 per cent of its time to self-development and giving back to the local community by volunteering.
Founded in 2014 in Manchester, it is on course to reach £1m in turnover this September.
BELOW: Flick through the Q2 2017 edition of BusinessCloud's interactive digital magazine