16 August 2012 – BBC Worldwide announces six finalists for its first Labs initiative
BBC Worldwide today revealed six UK based digital media start-ups to take part in the first Labs programme. More than 75 companies applied for this new scheme. The BBC Worldwide Labs programme seeks to work with the most dynamic emerging digital media companies in the UK. The finalists are MiniMonos, wireWAX, Foodity, Krowd 9, Flooved and KO-SU. These companies impressed members of the Board and Labs mentors during the month long deliberation process that included an in-person pitch session. The finalists are a mix of strategically aligned companies in areas ranging from education, cloud delivery, games, mobile, kids and video. The start-ups will be offered workspace within BBC Worldwide’s west-London based offices beginning September 10th for a six month period. They will also have the opportunity to work alongside specialists from across BBC Worldwide who can offer sound business advice in areas such as: technology, content, marketing, sales and distribution, advertising, PR, HR, legal among others. The team behind Labs has also devised a bespoke programme of inspiring talks and networking events including an inauguration event for Labs start-ups to present to the community of mentors a session on Asset Creation and Funding at the Google Campus and a Social Media Event is planned for London Internet Week in November to name a few. Whilst BBC Worldwide is not seeking to inject money into the selected companies, it is hoped that commercial deals and partnerships will transpire, thus helping to catapult the start-ups to their next level of success. This looks to be an exciting programme and we look forward to following the development of the programme.