Akcela Launch Norwich’s First City Centre Incubator
Updated: Jan 23
Akcela have officially opened the doors to their fantastic new incubator in the heart of Norwich. The team at Akcela began with the idea to create a space where any business accepted to the incubator would receive support to achieve their full potential.
As part of ACG’s wider strategy we are dedicated to supporting the start-up community in the region. Part of our job as an Angel Investor group is to make sure our members have access to the best deals. Working with Akcela means that we can get first sight of some of the most exciting start-ups in Norfolk, hopefully some of these will go on to pitch to our investors in the future. Sally Goodsell, Managing Director, Anglia Capital Group
Akcela offer their incubated companies access to so much more than just free office accommodation. Their team and hand picked partners have been through start-up, funding, growth and exit. They have managed teams, managed growth and managed when the times get tough. The team bring a refreshing approach to the start-up community, they want to work with companies of all disciplines. Their aim is to creating a community of businesses that can reach their full potential and support the Norwich and Norfolk community.
Akcela describe themselves as an industry agnostic incubator, supporting businesses of all types to achieve their “full potential”. Whilst many other privately funded incubators have had to rely on a myriad of partners to fund their space and time, Akcela operate a “safe space” for incubated companies to grow, with all partners agreeing to a non-solicitation approach to their incubated companies. As Managing Director, James Adams, explains.
We wanted to create an incubator that was about the business and the founders, not about a certain specialism and looking for the next unicorn. Full potential is about businesses that can have a positive impact on the founder, the staff they employ, the local community and the sector they operate within.” James Charles Adams, Managing Director, Akcela Venures
The Akcela Incubator is accepting applications for incubated tenants now. Incubated companies receive free office space in the centre of Norwich City for the duration of their incubation, as well as support from the directors throughout the time of working together. Akcela operate on a shareholding model, taking a small shareholding in the company, which dilutes along with incoming investment.
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