Springboard is an
intensive 13-week mentor-led business accelerator program based in
London and Cambridge that offers entrepreneurs office space, seed
capital and over $150,000 of free services. More than half the
companies that enter Springboard have raised a second round of
At the Webit congress in Istanbul this past October 2012, Springboard co-founder John Bradford discussed investment opportunities for regional companies and whether location matters for businesses that want to go global.
Irish-born Bradford has concluded, based on his experience, that location does not matter. “The wonderful thing about globalization is that it allows you to have a global ambition. Somebody described to me, where do you live, and he said 1B. That’s the first seat in the front row on a airplane. That’s what you want to encourage. you want to keep people moving and meeting other smart people,” he says.
Bradford went onto say that none of the teams in this year’s cycle at Springboard are from the U.K; rather, they are from Shanghai, South Korea, Lithuania, Romania, Germany, New York, Austria, and the west coast of the US. “They spend 13 weeks in a room and we push pizza under the door,” he says of the boot camp experience.
When it comes to the Middle East market, Bradford says, “after the UK and Germany, Turkey is the third most-interesting market. I see Turkey as a nation of potential entrepreneurs.”