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Monday 23 September 2019 9:37 am  |  Updated:  Monday 23 September 2019 9:38 am

Facebook’s London accelerator programme expands to startups outside UK

By: Anna Menin

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Facebook has announced the third edition of its London accelerator programme, which will be open to startups from Europe, the Middle East, and Africa (EMEA) for the first time.

The scheme is open to high-growth startups and aims to support those that are “harnessing the power of technology to have a positive impact on the world”, Facebook said.

Read more: Meet the 23 fintech startups on Tech Nation’s latest growth programme

Facebook said the new programme will focus on startups that using artificial intelligence (AI), virtual or augmented reality (AR/VR), blockchain, or other Facebook technologies.

The startups that are chosen to participate will participate in a programme of workshops and receive mentoring and support from Facebook employees.

The 12-week startup incubator programme was first launched in the UK almost two years ago under the name LDN_LAB, but will now be known as Facebook Accelerator London.

“Innovation is at the heart of Facebook”, said Nicola Mendelsohn, Facebook’s vice president of EMEA.

“We hope that through this programme we can help nurture a new cohort of businesses towards making a positive impact on the world,” she added.

Read more: Facebook to create 500 tech jobs in London as it opens new engineering hub

Digital minister Matt Warman said: “I am delighted that Facebook Accelerator London will bring startups from around the world to the capital to learn from leaders in our hugely successful tech community.”

“This programme will help these startups have a positive impact in communities across the world and I encourage all interested to apply,” Warman said.

Main image credit: Getty

Read more

Kemi Badenoch: AI firms ‘won’t come here’ if Britain overregulates

Kemi Badenoch discussing strategies for a stronger economy at a business conference podium, emphasizing economic growth

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