Ready to take your venture to the next level?
Applications for L.E.V8 Cohort 4 will open in July 2020. Please register your interest in applying.
To date, the Foundry has supported 19 start-ups who have been valued in excess of £40m. They have raised over £8m, and created 70+ jobs globally.
The Foundry has a global network of advisors, ambassadors and mentors including Professor Bill Aulet, MIT (pictured), Biz Stone, Cofounder of Twitter and Medium, and Jenny Tooth OBE, UK Business Angels Association. The accelerator is hosted in the Amersi Foundation accelerator space in the Oxford Foundry, Hythe Bridge Street. The Oxford Foundry and L.E.V8 have been featured in Forbes and the Sunday Times, and have a global network of leading entrepreneurs, mentors and advisors.
OXFO L.E.V8 (Elevate) at the Oxford Foundry is the University of Oxford’s most diverse accelerator, designed to support and nurture early-stage start-up teams affiliated to the University. The programme takes in up to 14 high potential ventures throughout an academic year.
The 2019-2020 programme will run from November 2019 – May 2020. Ventures are provided with an intensive programme of support which includes masterclasses, access to a network of industry experts, mentors and advisors, grant funding, access to free legal and finance guidance, co-working space, and much more. The programme is equity-free and delivers valuable learning and resources worth over £60K per team. Our investor network includes over 500 VCs and angels who are actively engaged with the accelerator.
Mentors and Resident experts include:
Benn Legg, Board of Directors, Ola
Stephen Scruton, Professor of Practice, Hult Business School, Former MD & Head of Research, HSBC and Lead Investor, Think Cyber Security Ltd
Claire Davenport, Chief Executive Officer at notonthehighstreet.com
Robin Saunders, Owner, Clearbrook Capital Partners LLP
Niamh Gavin, Global startup partner
Srin Madipalli, Product Manager, Airbnb
Farzana Baduel, CEO, Curzon PR
Kal Patel, Senior Advisor & partner @Vantage Point, & ex-CEO/President at BestBuy
Dominic Jacquesson, Director of Talent at Index Ventures
Feedback from cohort 2
100% of entrepreneurs said they would recommend L.E.V8 to other startups.
100% of entrepreneurs said the OXFO L.E.V8 accelerator exceeded their expectations.
Overall, the programme received a Net Promoter Score (NPS) of 9.1.
WHO CAN APPLY?
OXFO L.E.V8 welcomes applications from any start-up team that includes at least one University of Oxford student, member of staff, or alumnus / alumna. Solo founders can also apply.
WHEN CAN I APPLY?
Applications for cohort 4 will open in July 2020. Please register your interest in applying.
HOW CAN I APPLY?
Application is through our online form.
WHAT IS THE APPLICATION PROCESS?
Please apply online. Shortlisted ventures will be invited to a 20 minute panel interview. Final candidates will be invited to a second interview.
All interview dates will be published in advance once applications are open.
CAN WE APPLY IF WE’RE JUST AT THE IDEA STAGE?
OXFO L.E.V8 is for startups with a clear value proposition, who have ideally developed a minimum viable product (MVP) or who can demonstrate that their venture has traction.
WHAT’S THE DEAL?
We offer each team a support package worth an estimated £60k, including:
- Access to our network of investors, mentors and partners
- Financial and legal advice for starting and scaling your business
- Direct access to a network of experts who are available for 1-to-1 meetings throughout the journey. These include thought-leaders and highly regarded practitioners such as Paul Polman, CEO of Unilever, and Robin Saunders, Managing Partner at Clearbrook Capital.
- Support to build leadership, resilience skills and an entrepreneurial mindset
- Dynamic masterclasses and workshops from leading experts and experienced entrepreneurs
- Tech and product development
- Fundraising advice
- Hiring support and introductions to potential team members and cofounders
- Help with product-market fit
Sales and client introductions
WHAT COMMITMENT DO YOU NEED FROM ME?
- Participation in the programme, all of which is tailor-made
- Presence in the accelerator space at least on a weekly basis. N.B. The accelerator is open 7 days a week. Attendance is flexible. The Oxford Foundry is a 2 minute walk from Oxford station and an easy 1 hour commute from London
- Behaviour appropriate for the Oxford Foundry, and for a co-working environment
- A desire to scale your venture, with our support
- To have a great time! The programme is all about your personal learning journey and growth – and we want you to have as much fun as possible along the way!
WHAT ABOUT EQUITY AND IP?
OXFO L.E.V8 is a completely free package, and we will not take any equity or claim any ownership in ideas or intellectual property (IP) created by the ventures we support based on this help.
However, if non-Foundry University staff contribute to your ideas outside of the L.E.V8 programme, or if University research is involved, there may well be formal legal obligations between the University and its staff or the sponsor(s) of the research that you might not be aware of as a student entrepreneur. See more about IP at Oxford here, or contact us directly if you have specific questions around this via firstname.lastname@example.org.
GOT ANY MORE QUESTIONS?
Take a look at our FAQ, or email us directly at email@example.com.