A new accelerator to support energy and cleantech startups launched in London.
EcoMachines Incubator will provide participating companies with £100,000 in equity funding, mentorship, access to industry partnerships and an investor network during a nine month period. It will use Lean Startup principles.
Led by Ilian Iliev, CEO and founder, EcoMachines is now looking for seven early-stage startups working in energy, cleantech, transportation and industrial high-tech fields to join its program starting this November.
Graduates could then benefit from a further £500k of follow-on funding and continued support by EcoMachines Incubator.
FinSMEs
18/07/2013