The program will start on 23rd of January and the Demo Day will be on the 19th of April.
We are looking for exceptional founders who are tackling difficult problems and are going after big opportunities. We are specifically looking for founders working on applications of AI/machine learning, blockchain, payments, cyber-security and big data. Our definition of fintech includes insurance-tech and regulatory-tech as well as “traditional” fintech. As financial services is a global sector and Barclays is a global partner, we welcome applications from anyone and anywhere.
Ready to apply? Click here to start your application.
We are holding office hours in London, Cologne, New York, Paris, Stockholm, Dublin and remotely through Skype. If you’d like to meet with us, please fill out this meeting request form.
Throughout August-October: London
Throughout August-October: Remote Skype meetings
Sept 1: Berlin
Sept 6 & 7: Cologne (Pirate Summit)
Sept 12 & 13: Dublin
Sept 15 & 16th: NYC
Sept 22nd: Stockholm
Sept 28 & 29: Paris
We’re hosting two drinks events in September for interested startups to hear all about the programme from our alumni and executives from Barclays and Techstars.
Sept 8th @ 6pm – London: register here.
Sept 12th @ 6pm – Dublin: register here.
We’ve created this webinar to answer some of the questions that you may have about our programme. Please ensure that you watch it before you meet with me so that we can make the most out of the time we have.
Also, I’ll be hosting two live, group information sessions. These are interactive sessions, participants will be able to ask questions and hear more about the specifics of the programme.
Information session 1 – August 25th 5pm GMT: Register here
Information session 2 – September 26th 5pm GMT: Register here
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Why Apply to the Barclays Accelerator powered by Techstars?
Another Techstars MD has written about Top 10 Reasons to Join (or not Join) an Accelerator. In addition, here are the things that are particularly great about the Barclays Accelerator powered by Techstars London programme:
Reason #1: You get access to AMAZING mentors
Our mentors are a diverse and amazing collection of financial services executives, successful entrepreneurs, city power-brokers, top angel investors and venture capitalists, as well as amazing mentors with backgrounds in product, engineering, legal, marketing and finance. In addition, you get instant access and mentorship to senior Barclays team members who define success as you being successful. Most of our mentors have been with us for years and are trusted, connected and effective as evidenced by the qualitative and quantitative feedback we get back from our founders.
Reason #2: You really grow & accelerate your business
The program is rigorous and results driven. We help the companies make tangible progress and help grow and accelerate their business. 80% of the companies that joined were able to announce a proof-of-concept with Barclays on Demo Day and 100% announced partnerships with at least one large corporate that they met during the programme. At Demo Day, companies present their business to a curated group of investors and partners. Our last Demo Day was held at Indigo at the O2 Arena and over 850 people were in attendance, of which over half were VC’s or angels. The companies announced various deals, partnerships and proof of concepts that were initiated and agreed during the programme. These included deals with Barclays, Thomson Reuters, Swiss Re, Unicredit, Capita and many others.
Reason #3: Companies have gone on to raise very successful funding rounds
Having paying customers helps generate investor interest, and this interest has translated into very successful funding rounds. Companies such as Post Quantum, Ravelin, Do Pay and Cutover are just a few examples. Globally, Techstars has the highest success rates for follow-on funding, over 90 successful portfolio company exits and $2.4 Billion of combined portfolio financing.
Reason #4: You get a network for life
Techstars is not just an intensive programme. It is one of the largest and fastest growing networks of entrepreneurs around the world. Once you are a part of Techstars, you are a part of Techstars for life, and you get to be part of the network that helps you go faster and accelerate your current and future businesses. For instance, Techstars has a team of five people in the Valley that run partnerships and M&A which companies tap into many months or years after they finish the programme.
Reason #5: In London, you are at the centre of the global FinTech scene
London has become a great place to build a startup. You will be located within minutes of many of the world’s largest banks, asset management and wealth management businesses. What’s more, a supportive government, forward thinking regulator and Europe’s largest VC ecosystem are all nearby (not that you’ll need to visit them as many of them treat our accelerator as a hub and regularly meet startups here)!
What Founders say about us and the program
Founders appreciate and value our work. We received an incredibly high, 91 Net Promoter Score (NPS) score from the latest Techstars Barclays London Autumn 2016 programme. Here is what founders are saying about our program:
Freddy Macnamara – CEO, Cuvva:
“The Techstars program was a truly transformational experience for Cuvva; we were able to expand our network of supporters by a factor of ten, re-align the direction of the company and eventually partner with the second biggest global re-insurer, all in the space of 12 weeks! Would recommend.”
Ky Nichol – CEO, Cutover:
“The Barclays Techstars Accelerator is a tremendous platform of growth for us. Having been selected, we were fortunate to move from two proof of concept uses of our software to 15 uses across the bank. Barclays gave us unparalleled access to senior technologists and opened itself up, in a safe way, as a sandbox so we could experiment. We went on to raise a financing round post programme and then signed a Global Framework Agreement with Barclays. We are really thankful to have taken part.”
Sasa Sarunic – CEO, AgentCASH:
“The main motivation for us at AgentCASH to apply for the programme was to access FinTech investors and high-profile industry experts – something that completely paid off. It would have taken years to accomplish this if we had tried to build the network on our own. Some of the Techstars mentors, like Gary Turner, Managing Director of Xero, become big supporters of our company, not only with advice, but also by actively promoting our business, as evidenced here.
Mickey Costa – Co-MD, Atlas:
“Atlas started with a big vision of banking the unbanked when they joined TS Barclays in London during 2015. 3 of the technical associates immediately gravitated towards Atlas and joined us in Senegal. Now, all 3 work for us full time and live with us in Ghana! Having access to this talent pool allowed us to initially test and grow our product as we had a small team with many holes to fill, but it more importantly, it resulted in us establishing a family culture early on that we are now adding to as we rapidly grow. Of the many values of the program, the access to talented people was by far and away the best value add we could have hoped for.”
Leanne Kemp – CEO, Everledger:
“Being part of the Barclays London Techstars program has allowed us to accelerate beyond any normal ramping for an early stage startup. The program has opened doors to a global network of connections and resources that has helped build and scale a business that would typically take five years to establish. Techstars has also integrated us into a larger community of startups, allowing us to extend the fabric of our technology. It’s like an all you can eat buffet – with butler service”
Anderson Cheng – CEO, Post-Quantum:
“We entered the Techstars/Barclays Accelerator as a company with 6 years of R&D behind it and a team comprised of founders at an older age than your average founder. Through the expert mentoring and privileged access offered, we were able to move quickly towards commercialisation.”
Check out the full re-cap and pitches from our recent Demo Day.
We look forward to reading your applications!