InnovationManchester

The Difference Engine launches in the North West

Posted on: December 17, 2009


Investment in start-ups relies more on mentoring and marketing than concerns about Intellectual property and patents.

That was the message of Jon Bradford,Part-time VC, and technology evangelist who was speaking at the Christmas Northern Start up event held in Manchester last night.

After a journey that has taken from Arthur Anderson’s in London to Newcastle via Melbourne and Silicon Valley,Bradford has launched The Difference Engine.

The idea came from his initial look into investing in technology start ups.He couldn’t see businesses that he wanted to invest in,whereas it used to cost loads of money to build soft ware business,it now cost little

He then asked the question,how do you cope with that and how do you tackle micro investment?

The result is the difference engine,an acceleration programme for early stage digital businesses.It is a is a full-time 16 week acceleration programme which combines investment capital of £20,000 (for 8% of the business) with mentoring, support and office accommodation with various other services provided by partners.

For the first four weeks of the course,the entrants are subjected to what Jon described as a “being given a good kicking ” where their plans and ideas are put under intense scrutiny from every single angle.Only after those initial four weeks are they allowed to start building their programme.

At the end of the course they are ready to pitch and present for venture capital.

What’s Jon looking for? His answer- the entrepreneur who will work on their ideas not matter what and see it as a life style decision.

If you’re interest get applying.Applications close on the 4th January and the the first 16 week course begins 10th Feb

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2 Responses to "The Difference Engine launches in the North West"

Thanks Nigel, great coverage! Watch out for 25 video clips to be uploaded over the next few days to YouTube

It’s a pleasure,I enjoyed it greatly just sorry that I had to rush off at the end.

I thought that Jon’s concept was extremely interesting

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