What you need to know:
1. What does OXFO LEV8 offer to venture teams?
We offer a support package worth an estimated £40k, including:
- Office space for up to 4 team members in our city centre location at the Oxford Foundry over a 6 month period.
- 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 Bill Aulet, author of Disciplined Entrepreneurship and MD of the Martin Trust Centre at MIT Sloan.
- Dynamic masterclasses and workshops.
- Access to our network of investors, mentors and partners.
- Financial and legal advice for starting and scaling your business
- Support in building leadership, resilience skills and an entrepreneurial mindset
2. Who can apply?
OXFO LEV8 welcomes applications from any startup team that includes at least one Oxford University student, member of staff, or alumnus / alumna within 10 years of graduation.
3. If I’m not an Oxford student or alumnus/alumna, can I still apply?
If you have one or more Oxford students or alumni or staff on your founding team, you can still apply.
4. How advanced does our startup have to be? Can we apply if we just have an idea?
OXFO LEV8 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. If you’re at the ‘idea’ stage, then LEV8 is not for you - yet!
5. Some of our team are international/non-UK residents. Can we still apply?
All Non-UK applicants will need to ensure that they have clear and valid visa arrangements to be able to participate in LEV8. Please refer to the University’s Student Visa and Immigration Office, who will be able to advise you. It is the sole responsibility of the individual to ensure they do not breach the terms of any existing agreement/visa.
6. How large can each venture team be?
Each team should include a maximum of 4 people. Solo founders are also welcome to apply.
7. What is the duration of each cohort’s time in the programme?
Each cohort will run for 6-7 months.
8. What commitment does OXFO LEV8 require from the teams they select?
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 allowing for lectures, clinics etc.
- Behaviour appropriate for the Oxford Foundry, and for a co-working environment.
- A desire to scale your venture, with our support.
- Having 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!
9. Does the University or OXFO make any investment in/take any equity from the ventures?
OXFO LEV8 is a completely free package, and as such we will not invest, take any equity or claim any ownership in ideas or intellectual property (IP) created by the ventures we support. However, if non-Foundry University staff contribute to your ideas outside of the LEV8 programme, or if University research is involved, there may well be formal legal obligations between the University and the sponsor(s) of the research that you might not be aware of as a student entrepreneur. More information is available here.
10. I'm an investor / business professional / start-up mentor - how can I contribute to OXFO LEV8?
We'd love to hear from angel investors, experts and mentors - wherever they are in the world - who are interested in contributing their time and knowledge as part of LEV8. Please complete our enquiry form, and we'll be in touch with next steps.
Applications for the spring cohort are NOW CLOSED. Keep your eyes on our social media channels and our newsletter for details of when the next application round will open!