Lead organisation: Studio Zao
Project name: IMPACT Torbay
Investment priority: Supporting Local Businesses
Shared Prosperity Funding: £351,462
Delivered by innovation consultancy Studio Zao, ‘Impact Torbay’ is a business support and growth project aimed at helping businesses and entrepreneurs create new commercial opportunities through innovation.
The programme provides a hands-on and practical environment where participants can develop real, impact-making propositions to implement for growth.
Participating businesses will also be supported to access research and development grants that can help their businesses to thrive and expand.
Businesses can sign up to either/or:
- A 1-day ‘hackathon’: a collaborative workshop covering the fundamental principles of innovation. The intensive day will include rapid sprint exercises to define a business idea and make a quick plan to validate it as well as guest speakers from Torbay’s local clusters and relevant sectors helping bring “innovation” to life
- A 7-week (part-time) growth accelerator programme: small teams from different businesses will be guided through a structured programme that includes in-person, immersive workshops to collaboratively work through the propositions you are taking forward. Participating businesses will also be provided with a dedicated Solution Coach who will offer expertise in growth and innovation, guiding you through defining your business problem, ideating solutions, conducting in-market validation and building a compelling business case. They’ll also help you develop a plan for your next steps, support connection to domain experts and give you the tools to support you through your journey
Who can apply?
Any Torbay-based business or individual looking to grow their enterprise is eligible to apply. The fully-funded programme is completely free to participating businesses.
To sign up and for full details about upcoming hackathons and accelerator programmes visit the Impact Torbay website.