Success comes in 3's for!

John McKenna from first entered the SETsquared Surrey network when he attended the European Regional Development Fund (ERDF) 2 day Entrepreneur’s Programme in March 2019. 

The 2 day event aimed to provide entrepreneurs with an Executive Summary, Pitch Deck, Business Model and a basic Financial Plan.  Attendees also got the chance to hear from other entrepreneurs, and received valuable feedback from investors and mentors about their business.  At the end of the programme, companies who showed that they were ready for growth were offered a great opportunity to take-up fully funded virtual SETsquared Surrey membership (for up to 12 months) at one of the 4 hubs (Basingstoke, Farnborough, Guildford or Woking).  The membership helped to kick-start their business by giving them access to all of the benefits on offer including mentorship, business support, events, access to finance and more! 

John and the team are developing advanced software to industrialise data capture by drone, using an operating model that’s 10x lower in cost, more capable, more flexible and more scalable than current products in the market. 

Since attending the 2 day programme, they have gone on to raise £150K of angel investment, have been accepted onto Techstars and have successfully put together a consortium including Skanska, Foster + Partners, Vodafone, NATS and SLAMcore to win an Innovate UK grant.

This is fantastic news John – congratulations.  We will be keeping a close watch on this company in the future!

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