Start-up companies that use location or land and property data in their products and services can apply to the programme, which was specifically created to provide support to SMEs, start-ups and individuals that are using geospatial technology and data to create new products and services.
In two years, the Geovation Programme has supported 72 start-ups, which have created 152 new jobs and raised £17m in investment.
Companies that are on the programme have been using location and property data and new technologies to help transform a range of sectors, including property, mobility and transport, infrastructure, energy, health and connectivity.
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Orla Shields is the founder of proptech company GetRentr.
Her company was selected to join the Geovation Programme, which she believed was life changing.
“The grant money has helped us do things we couldn’t have done while we were waiting to secure our investment.
“Free office space in Clerkenwell is a major benefit for any business – early stage or not.
“It’s [a] great environment, with numerous other inspiring start-ups in a similar field.
“Geovation’s network and connections with major people in this industry and in the government is priceless to us.”