Applications for the Summer 2019 Accelerator are not yet open. Please check back for news of our next intake’s application process.
We connect creativity, talents and resources from across the community to create a greater society together.
This vision is rooted in Resurgo’s mission of social transformation. Resurgo Ventures is creating an ecosystem of entrepreneurs, experts and supporters to build a generation of businesses that combine purpose and profit.
Your team will embark on a 12-week programme with a cohort of social entrepreneurs. You will receive training on:
You will receive bespoke training, mentorship and space to work from for the duration of the programme (with the potential to extend this further).
Our goal is to help your businesses thrive and if needs be, to give you room to pivot or completely change direction. We want you and your venture to graduate from the programme excited and fully prepared to execute your future plans.
We work with people from all backgrounds, beliefs and walks of life. We embody Christian principles (e.g. honesty, integrity, valuing relationship) – so if you’re happy working with these principles, we’d love to work with you.
We’re looking for businesses with social purpose, yet profitable enough to ensure sustainable future growth.
Funding is obviously a critical element for the success of your venture.
The Accelerator programme is designed to give you education and development so that the business is capable of attracting investment. Resurgo itself will not organise the fundraising but may put you in touch with an FCA regulated business that can, and will be able to advise you on the right amount of initial funding. Three businesses graduating from our Accelerator raised £60,000 in initial funding and two of those have raised additional funding of more than £100,000 each. We provide you with all of the tools to build a great business but your passion and drive are the key ingredients.
Our programme ends with a Showcase Night which gives you the opportunity to tell your story to a room full of supporters.
Yes. Our goal is to help your venture be a success and that means raising sufficient capital to achieve your business plan.
As part of the Accelerator, we aim to equip your business with the necessary legal structure to attract discerning investors who will also be supporters of your social mission. We also aim to ensure that the structure will make any investment eligible for EIS/SEIS tax reliefs.
Three of our ventures secured £30,000 in equity funding each which allowed them to apply for the important tax relief that investors look for in a start-up. That investment was further increased to £60,000 each and we continue to assist these ventures in their business plans and strategies as they look to raise further funding.
As a result of their development on the Accelerator programme, there was a high investor interest to fund each of these ventures and they were able to achieve their fundraising objectives.
Our broad network includes experienced entrepreneurs, professional services experts (i.e. accounting, legal, regulatory) and marketing specialists. They share a genuine interest in the positive development of businesses with a focus on social purpose.
We ask for a 3% equity stake in your business which aligns us with you as a founder and is important to potential investors as our financial reward is completely tied to your long-term success.
Resurgo is a registered UK charity and any proceeds from our holdings in your venture will be reinvested in our charitable efforts.
Participants become permanent members of an influential network of innovators, industry experts and supporters. Our Accelerator alumni also have the opportunity to use our Central London co-working space for the 3 months following the programme and reinvest their growing expertise into future cohorts.
Successful applicants will receive £2,500 at the start of the programme as an investment into their business and help defray some of the costs you may incur while attending the programme. This money can be used at the discretion of the founders.
No, we are keen to build a UK-wide cohort. However, you will need to travel to central London at least once a week for the duration of the programme.
We believe that being committed full-time to your venture will enable you to have the best chance of flourishing. However, we understand that not everyone has this freedom – we are open to flexible working arrangements that get the best out of your team.
There is no fixed number though we prefer to work with two to three-person teams, as we have found this size of team gets the most out of going through the Accelerator programme together.
We understand that being an entrepreneur is often a journey and that your current business may have transformed along the way. We evaluate opportunities in their current form and look to assist those people and businesses that we can benefit the most.