Techcelerate: Frequently Asked Questions

What is the focus of the programme?

The programme is specifically focused on improving product-market fit through market validation. This means that we will support you in finding customers and stakeholders, teach you how to approach them and find out what they need and if your technology can help. 

Will we work with mentors and advisors?

Answer: Participants will interact with business coaches, facilitators and advisors throughout the programme, including experienced industry professionals, Faculty Associate Deans and Imperial’'s industry partnerships and commercialisation teams.  

Will postdocs still be paid to participate on the programme?

Answer: Nobody will be paid to participate in the programme. Travel funding prizes to conduct customer discovery will be awarded within the programme to those who demonstrate appropriate approaches and needs for such funding.    

Will it still be full-time?

Answer: Techcelerate will be conducted as an ‘extra-curricular’ activity only, however participants are expected to attend all sessions and work on their venture outside of contact hours.

Will the programme structure/content change or just the frequency with which it’s run?

Answer: New content has and will continue to be created in order to meet Techcelerate’s training ambitions.

How often does the programme run?

Answer: The programme will run 2-4 cohorts per year. Each cohort will have 10 internal participants on it.

Who is eligible for the programme?

Answer: Research staff including postdocs, fellows and academic staff will all be eligible for Techcelerate.

Will the programme offer support for more general venture building?

Answer: While this isn’t the focus of the programme, the team will endeavour provide light support for other venture building activities on an ad hoc basis.

What time commitment should a participant expect?

Answer: Participants will get out what they put into Techcelerate. The online learning aspect of the programme is 15 hours total. Business coaching, venture review and other programme sessions will bring the total time commitment is 35 hours over the 3 months of the programme. Applicants will also be expected to demonstrate that they practice customer interviewing, which can take between 3 and 30 hours per week depending on the participant.