Liberty Global Partners with Techstars to Launch Virgin Media Accelerator Program
November 02 2015 - 2:01AM
Business Wire
Liberty Global plc (“Liberty Global”) (NASDAQ: LBTYA, LBTYB,
LBTYK, LILA and LILAK) today announced that it is partnering with
renowned technology accelerator Techstars to launch Virgin Media
Accelerator powered by Techstars, a brand new program to support
innovative digital start-ups.
Virgin Media Accelerator, powered by Techstars (“Virgin Media
Accelerator Program”) is a three-month mentoring program supporting
companies working on innovative ideas relating to the digital
world. The launch of this new program further extends Liberty
Global’s support of digital start-ups and complements the existing
programs supported by Liberty Global in two of its key markets: the
“Telenet Kickstart, powered by Idealabs” accelerator in Belgium and
Virgin Media’s “Pitch to Rich” program in the UK.
Applicants can apply online at
www.virginmediabusiness.co.uk/accelerator before the deadline on
January 9, 2016. Ten start-ups will be chosen to take part in our
Virgin Media Accelerator Program, which will involve an intense,
13-week mentorship and guidance program. This will give the
start-ups access to senior leadership from Liberty Global and
Virgin Media, as well as Techstars’ global network of more than
7,000 founders, mentors, investors and corporate partners.
Once the 13-week program has been completed, the ten start-ups
will take part in a “Demo Day” in London in June 2016. During the
Demo Day, each start-up will pitch to some of the world’s leading
investors for the chance to raise capital and secure investments in
their businesses.
Start-ups involved in a range of digital sectors are encouraged
to apply and could be involved in: (i) the Internet of Things, (ii)
telecom infrastructure, (iii) customer data and experience, (iv)
social enterprise, (v) connected homes, (vi) connected goods and
services, (vii) interactive home experiences, (viii) home health
and wellness, (ix) connectivity for social good and (x) connected
business services.
Bruce Dines, Vice President, Liberty Global Ventures, said,
“Innovation and the infinite possibilities offered by a connected
world lie at the very heart of our business, which is why we’re
proud to partner with Techstars to launch the first ever Virgin
Media Accelerator Program. This program offers an opportunity for
all kinds of companies - we are interested in driving innovation,
convenience and social well-being across our consumer and business
connected world. We encourage all interested companies to apply to
this program and look forward to working with the best start-ups in
the world to help them bring their brilliant ideas to life.”
Peter Kelly, Managing Director, Virgin Media Business, said:
“With the support of our parent company, Liberty Global, and our
new partner, Techstars, we’re delighted to support this exciting
programme in the UK. Supporting businesses of all sizes is at the
heart of Virgin Media’s purpose. Virgin Media Accelerator will give
the most exciting digital start-ups a phenomenal opportunity to
learn, develop and grow.”
David Cohen, Co-Founder and Managing Partner at Techstars, said,
“New technologies enabled by improved networking and connectivity
have become critical in all aspects of our personal and
professional lives. Techstars is excited to partner with Liberty
Global and Virgin Media, two worldwide leaders in this space, to
bring a new, connectivity focused accelerator program to startups
worldwide.”
About Liberty GlobalLiberty Global is the largest
international cable company with operations in 14 countries. We
connect people to the digital world and enable them to discover and
experience its endless possibilities. Our market-leading products
are provided through next-generation networks and innovative
technology platforms that connected 27 million customers
subscribing to 56 million television, broadband internet and
telephony services at June 30, 2015. In addition, we served five
million mobile subscribers and offered WiFi service across six
million access points.
Liberty Global’s businesses are currently attributed to two
tracking stock groups: the Liberty Global Group (NASDAQ: LBTYA,
LBTYB and LBTYK), which primarily comprises our European
operations, and the LiLAC Group (NASDAQ: LILA and LILAK, OTC Link:
LILAB), which comprises our operations in Latin America and the
Caribbean.
Liberty Global's consumer brands are Virgin Media, Ziggo,
Unitymedia, Telenet, UPC, VTR and Liberty. Our operations also
include Liberty Global Business Services and Liberty Global
Ventures. For more information, please visit www.libertyglobal.com
or contact:
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Liberty GlobalInvestor Relations:Oskar Nooij, +1 303 220
4218Christian Fangmann, +49 221 8462 5151John Rea, +1 303 220
4238orCorporate Communications:Marcus Smith, +44 20 7190
6374Matt Beake, +44 20 8483 6428
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