Frequently Asked Questions
Is my start-up right for Platform-X?
We want to help start-ups take their business to the next level through collaboration with Virgin Trains. We’re interested in all start-ups that can help, in one or more of the challenges described. We would expect that start-ups are already on their journey and looking to scale with a ready product and paying customers. If you feel that your start-up could benefit from working with Virgin Trains, then we’d love to receive your application.
When’s the deadline for applying?
11th June 2017
What should I include in my application?
We ask for information about you, the product or service that fits the challenge briefs, your team and company. Don’t hold back let us know how great you are!
Is there a minimum age to apply?
You must be at least 18 years old to enter Platform-X
I don’t live in the UK, can I apply?
Of course! The best innovations can come from anywhere. Bear in mind that you may need a visa to participate in the accelerator and that you will be required to travel (at your own expense) to the UK for the programme.
what are the key dates for the programme?
The programme will run for five weeks. The key dates are as follows:
- Applications Open – 25th of April 2017
- Applications Close – 11th of June 2017
- Pitch-Day – 21st of June 2017
- Applicants Invited onto Programme – 21st of June 2017
- Programme Dates – 3rd July to 31st July 2017
- Trial Week – 7th August 2017
- Programme Ends – 11th August 2017
whats the location of Platform-X?
The 5-week Accelerator Programme will be held each Monday in London at Virgin Trains Kings Cross Station.
Where will the mentors come from?
Mentors will include senior executives from Virgin Trains and across the Virgin Group, industry experts and successful entrepreneurs. A full list of mentors will be announced in due course.
How much time will be required from me?
The intense schedule of Platform-X is designed to help you collaborate to implement game-changing innovations with Virgin Trains. Each Monday for 5-weeks you’ll accelerate your vision to rapidly develop your product, receiving essential guidance on key decisions in real time from your mentors. Each start-up’s experience on the programme will be unique – we tailor the mentoring and education programmes to meet your business’ specific needs.
How much equity will I need to give up?
No equity will be taken in exchange for joining Platform-X.
Do all start-ups on the programMe make it to trial?
Where we see a business opportunity together, we may offer funding in exchange for running a trial with your company.
When will I receive funding to trial my innovation?
We welcome discussions concerning the trial funding throughout the 5 weeks, however we tend to make final decisions about funding towards the end of the programme and our period of collaboration.