A new start-up incubator called Springboard (@springboardnews) has “accidentally” emerged up in Cambridge. The guys at Red Gate have decided to officially share their facilities, free of charge, with other entrepreneurs. (They’ve been doing so already for some time, informally.) They’re offering food, office space, a three-month programme with weekly talks from tech luminaries like Ryan Carson, advice and even a place to live, should you need it.
They don’t want equity in your company and they don’t want seats on your board. They just want to be nice. “We think that getting to know smart people doing interesting things will, in the long term, be good for Red Gate,” writes CEO Neil Davidson. “In the future, we might end up licensing your technology, investing in your company or maybe even buying it. Or maybe we won’t.”
Davidson and the other guys are looking (ideally) for teams of two to three people working on a B2B product. They’ll give priority to start-ups working in markets adjacent to Red Gate’s. The deadline for applications is 1pm on Friday 28th August. Check out the Springboard blog for more info.
I believe they’re looking for multiple teams.
Yes, Peter C’s right.
We’re looking for about 3-5 teams to come to Cambridge UK to work on their product (with about 2-3 people in each team).
Hope that clears it up.
Amir
Really great for the Cambridge ecosystem – top work guys. I can’t wait to check out the Red Gate offices, I hear the lunch is pretty sweet
Really is an awesome deal, we have been in their offices for a month or so now, and can honestly say it has been a pleasure working here. The only thing they didn’t mention in the press release is that they have lots of innocent smoothies here….
Mat
That is such an excellent offer, and opportunity for people just starting out.. Wish there’d been this kind of opportunity about back in the day when I was still a graduate
So who’s going to do the same for London? Any takers?