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Start-ups planted in the heart of Oxford

Start-ups planted in the heart of Oxford
Wednesday, 9 May 2018

Renowned for being one of the oldest and most prestigious universities in Europe, the University of Oxford does not slow down the pace of innovation and welcomes the University's new startup accelerator, OXFO L.E.V8.

This very month, Oxford Foundry, entrepreneurship center for the University of Oxford, has announced and officially opened the doors to the first ten selected teams that have joined this new accelerator programme. [1]

The initiative has been designed to support, nurture and flourish start-ups affiliated to the university environment and it was a great success. In just two weeks applications came from 130 early-stage different startups.  The first candidate selection for LEV 8 welcomed a vast and heterogeneous startups cohort -11 nationalities and 30 entrepreneurs- supporting various initiatives impact-driven and purpose-led solutions to global issues in a wide range of sectors. [2]

The selected startups will receive a complete support package for six months, with an estimated value of £ 60k. Starting from the offer of a workspace in the heart of the Oxford Foundry, in the city center, the program will support every venture in its strategic evolution for six months. OXFO L.E.V8 will weave a network between startups and a wide community of experts and consultants, offering master classes, dynamic workshops and consultations, which will accelerate their path of growth and progress. [3]

“The LEV8 will help our team to be scalable and sustainable well beyond their 6 months journey with us, and we expect that they turn, will go on to create jobs for others while creating tangible social and economic impact. [2]” (Ana Bakshi, Director of the Oxford Foundry)

Click the link to browse the digital booklet with the first ten ventures that joined OXFO LEV 8.