How will Augmentor respond to COVID-19 implications?

Digital Catapult is aware of the business impact of the COVID-19 pandemic and knows that early stage immersive startups need our support now more than ever. Augmentor plans to help in the following ways:

  • Business support – we plan to help startups make the right business decisions and pivot accordingly as they are now faced with complex and difficult realities (for example cash flow, team structure, industry impact) through:
  • Bespoke workshops on pertinent COVID-19 topics such as business strategy, pivoting business models or sectors, remote team management
  • 1-on-1 mentorship with experts from business and industry
  • Leveraging Digital Catapult networks and connecting startups with potential clients and partners
  • Peer-to-peer support – with less opportunities for direct communication and spontaneous encounters, Augmentor will:
  • Facilitate and drive forward online peer-to-peer support via virtual sessions and private communication channels in order to bring cohort startups closer
  • Investment support – despite the current investment challenges (for example investment frequency, valuations) Augmentor will:

– Continue to educate startups about the investment landscape and pair them with an investor mentor who will support and answer investment-specific queries throughout the programme. Startups will begin to build important investment relationships with VCs and angels that will be beneficial in the next future

– Inform startups about options on diversifying their funding through alternative financial and investment sources by organising workshops on R&D and loans

We are also applying some important format changes:

  • Remote programme delivery – Augmentor’s cohort four is planned to be delivered online (we are still making plans to deliver the Investor showcase in January 2021 as a physical or online event). This means that successful applicants won’t need to travel and only focus and invest their time
  • Extended access to Immersive Labs – If access to Immersive Labs won’t be possible during the duration of the programme we will offer free access to the space after programme completion
  • Tailored support – We will try to do everything in our power to offer startups what they actually need and do so on a case-by-case basis
Digital Catapult
Augmentor is an immersive acceleration programme designed and delivered by Digital Catapult.