‘The Difference Engine’ based in The North East of England, will provide start-up capital (£20,000), mentor support, and a working environment to allow ten teams of digital entrepreneurs to turn their business idea into reality. Each year, The Difference Engine will have two 16-week cycles, both based in North East England. The first cycle starts in February 2010 at Boho One in DigitalCity Business, Middlesbrough.
The second cycle will commence in July 2010 at Sunderland Software City.
“The launch of The Difference Engine is a reflection upon how much
unlocked entrepreneurial talent we know there is in the UK and Europe,”
said Jon Bradford, managing director, The Difference Engine. “A lot of
this talent never realises its potential because there is limited access
for young entrepreneurs to intensive mentor lead programmes. The
Difference Engine is something UK entrepreneurialism, and the digital
sector, worldwide, has been crying out for.”
Mark Elliot, CEO of DigitalCity Business added:
“It’s great to be behind an acceleration programme like The Difference
Engine. The fact that we, as a region, are supporting a project of this
nature demonstrates just how far we have come, industrially, and how
great our ambitions are. Location is vital to budding entrepreneurs.
Boho One offers a buzzing environment with an abundance of networking,
social and work spaces - a world class environment for world class
talent. We can’t wait to see the results next June.”
For more information visit http://thedifferenceengine.eu/