Early-stage investment and support – including training and office space – for business ideas that have the potential to scale. Many social accelerators and incubators are focused on ‘Tech for Good’ businesses seeking to use digital technology to make a positive social impact.

When might I use it?

If you have an early stage organisation needing investment and support to get started, or just an idea for a business you would like to develop.

Where can I get it from?

‘Tech for Good’ businesses or supporting social enterprises to develop digital projects are a particular focus at the moment. Have a look at the Entrepreneur Handbook's comprehensive list of Business Accelerators in the UK, Tech London's list of incubators, and keep an eye on Nesta's developing directory of accelerators and incubators in the UK.

Pros

  • Combination of investment, support and expert help to get your organisation up and running

  • Join a wider community of social entrepreneurs starting new organisations

Cons

  • In most cases, not open to charities, Community Interest Companies and Co-operatives

  • Mainly suitable for businesses – such as tech startups – that have the potential to grow very quickly