The Difference Engine is shaping up to be the kind of raw, Web 2.0 incubator the UK has lacked for some time. Whereas Seedcamp tends to take more fully formed early stage startups on, The Difference Engine is closer to having a hacker mentality. When you want to just go and build a product, this might be the kind of programme that appeals. Word on the street is that the programme is sidlign up to the TechStars programme in the US, but nothing is confirmed as yet.
Based in the north-east of the UK, TDE has £200,000 of public funds to put into 10 start ups from anywhere in Europe. Closer to Y Combinator (Silicon Valley) and TechStars (Boulder, Colorado), this is a full time programme to accelerate early stage digital start-ups from an idea to version one of a product/service during a 16 week programme. The equity funding comes down to £20k for up to 10% of the business, but comes with mentoring, coaching and training. The new start-ups are typically 2 to 3 members of which at least 2 are developers.



















