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Frequently asked questions

Is my business right for RElab?

If your business is focused on providing solutions in the areas described on the RElab website, then RElab could be the perfect opportunity for you, no matter what stage your business is at or where you’re based.

RElab is also open to being surprised, so if you are working on anything that can transform the smart built environment, even if it is not in the specific categories outlined, we would love to hear from you.

See the ‘Our Focus’ area of the website for the innovation areas we have outlined.

When is the deadline for applying?

18th August 2021

What information do I need to provide in my application?

We ask you for information about you, your idea, your team and your company.  Don’t hold back, let us know how great you are.

Is there a minimum age?

You must be at least 18 years old to apply for RElab.

I don’t live in the UK, can I apply?

Of course! The best innovations can come from anywhere.  RElab 2021 will be a hybrid programme.  The core component will be held virtually while optional in-person networking events will take place in London (safety permitting).  Similarly, working on pilots with partners will be a combination of on-site and virtual – and will take account of current working practices for you and the industry partner in the context of Covid-19.

Is RElab like other accelerator programmes?

We believe that we are different because we focus on building a strong sector and investment ecosystem.  RElab is a scale-up programme that is fully focused on helping your business get to the next stage.  The start-ups that join the programme will benefit from working directly with RElab’s partners on fine-tuning product-market fit; commercial pilot opportunities; support on swiftly growing their business; and up to £100,000 in available financing.

Our investment approach and philosophy is to be value-add investors aligned with your business as it grows.  We are committed to leveraging the RElab ecosystem and the Noé Group’s network to support your company’s development and scale up.

How many stages does the programme have?

The programme has 4 stages:

1. Apply
2. Pitch Day
3. Core programme with initial investment
4. Demo Day

See our programme timeline for more info.

What are the terms of entry into RElab?

Successful teams will be required to sign a participation agreement to join the programme as well as a CLN in relation to the available investment (see below).  This will be shared with teams invited to Pitch Day for early review.

When is RElab?

Applications open on June 10th and Pitch Day will be held on November 11th.

The RElab programme itself starts January 10th, 2022and ends in mid April 2022 with Demo Day.

Where is RElab?

The RElab 2021 programme will be a hybrid model.  Working with partners will be a combination of on-site and virtual linked to what is most effective for the start-up and the industry partner.  The core programme will be primarily virtual with (where possible and depending on the situation regarding Covid-19) some in-person optional networking events.

Do I need to work from the RElab space during the accelerator?

The RElab 2021 programme will be a hybrid model with no requirement to work from a specific physical RElab space.   If circumstances allow, we will incorporate in person networking events and touchpoints during the programme and would strongly encourage you to be present where possible for those events.

We recognise that you are building and leading a business and we structure the programme to provide you with flexibility.

What does a day on the RElab Core Programme consist of?

The RElab itinerary is designed to help you refine product-market-fit and to develop ideas that can re-shape & re-imagine the Smart Built Environment.

You’ll be working in deep collaboration with corporates, industry experts and mentors to rapidly test your product in live environments and to gain valuable market insights.

You will learn from experts and take part in roundtables and panels on operational matters related to building and scaling a business.

You will also be invited to all networking events organised by Goldacre, both virtual and in-person.

How much investment will each company get?

Finalists will receive an initial investment amount of £100,000 through a convertible loan note (CLN) that will convert into equity in the following qualifying round at a standard discount.  In addition, Goldacre will consider investing in follow-on rounds should the opportunity arise.

When can I expect to receive a decision?

We will review all applications once applications close on August 18th.

You will hear if you are selected for Pitch Day by mid October.

What is RElab’s relationship to Goldacre Ventures?

RElab is curated by the Goldacre Ventures investment team and is supported by the Noé Group.