BetaFoundry is a student accelerator program aimed at Oxford students and recent alumni. The main component is Summer program that runs July to September in Oxford/London. The program will start with a 2 week bootcamp where you will sit down with mentors and examine your idea in detail, and have access to some lessons on some of the basics involved in running a business. Each startup will receive £5,000 in investment to see you through the Summer and allow you to develop your companies to a stage where you are ready to seek additional Angel or VC funding. Teams will also receive an extensive package of benefits on top of the cash investment.
The aim for teams is to reach the end of the Summer with a minimum viable product to take to market, although it is encouraged to get to this point as soon as possible. The best company will win flights to San Francisco where they can set up meetings with investors or potential partners and gain an insight into the SIlicon Valley tech scene. The focus is on lean, technology based startups, but there are no specific requirements: all good ideas with growth potential will be considered.