Royal Academy of Engineering’s Scale Up Accelerator
RAEng Scale Up Accelerator
Nurturing leaders. Growing companies.
The Royal Academy of Engineering’s Scale Up Accelerator supports individuals in leadership roles in high-growth engineering and technology SMEs, providing them with the tools to successfully scale up. We accept applications from engineers and non-engineers, as long as they are in a decision-making role at their company with the capacity and drive to scale up and develop their leadership skills.
The deadline for this round is 10 May 2021.
The programme will start late September 2021.
What we offer
A place on the programme means awardees will receive:
- Grant of up to £10,000 to fund leadership training courses of their choice
- Experienced business mentor
- One-to-one personal leadership coaching
- Workshops, roundtables and speaker events
- Access to the Taylor Centre, our Central London office and meeting space
- Travel and accommodation expenses covered
What we're looking for
- Decision-makers (both engineers and non-engineers) in engineering and technology SMEs with an ambitious vision to grow – for example, founders or MDs.
- Companies must have cumulatively raised at least £1,000,000, through either equity investment (from inception), turnover in the last financial year (excluding grants or consultancy), or a combination of both.
- Applicants must come from a company based in the UK and registered with Companies House. For multinational companies, the Head Office must be based in the UK - applicants from any nationality are eligible as long as you have the right to work in the UK.
- We are committed to improving diversity and inclusion in engineering, and we especially welcome applications from those currently underrepresented within the sector.
Take a look at one of our awardee’s blogs to find out more
Simon Thomas joined the SME Leaders programme (relaunched in March 2021 as the Scale Up Accelerator) in 2018 and has since raised £16.2 million in investment funding for his startup Paragraf, a graphene based semiconductor spinout looking to revolutionise the future of power electronics without any cost to current manufacturing methods. Read the blog here