Keys to a successful LPWAN Innovation Programme
IoTUK and Digital Catapult have funded a number of different programmes to accelerate startups and support SMEs to develop and bring to market innovative services using new technologies. These range from providing funding to professional startup incubators and accelerators, to spearheading a wide-reaching programme to boost the awareness and deployment of low power wide area network (LPWAN) technology,
a key enabler for the Internet of Things (IoT) which the UK had lagged behind many countries in deploying.
This report covers the IoTUK Hardware Accelerators run by R/GA and Startupbootcamp, the IoTUK Boost programmes and Digital Catapult’s Things Connected programme.
Some of the programmes have concluded, some are being repeated with new cohorts and others are continuing into 2018, both informally and through the regional expansion of the Things Connected project. All have provided a valuable learning experience into what makes such a
programme a success. This report will use that insight to provide practical guidance for others looking to run similar programmes. It will also help SMEs and startups make informed decisions about whether and how to apply for a programme, and indeed get the most value from
participating in one.
Key Lessons Learned
- Don’t go it alone. Build up a network of partners that will be able to help the cohort both during and after the programme, and can contribute to the programme delivery.
- Foster communication and collaboration between participants and stakeholders.
- The more rigorous the selection processes, the better the chance of getting the right programme organisers and the right companies onto the programme.
- Rigorously manage and monitor the programme throughout its lifetime to ensure the delivery of high quality and relevant content.
- There is real demand for these programmes across the UK, delivering proven, tangible outputs and outcomes for startups and SMEs.
Click below to download the report.