UK’s tech supercluster to include world-first technology in pre-accelerator programme
SuperTech, the UK’s only Tech supercluster, welcomes world-first investment technology, AI Simulator, to play a pivotal role in supporting early-stage founders in the SuperTech Seeds programme. The platform provides crucial assistance to entrepreneur at the ‘idea stage’ as they work to develop their business models and navigate the complexities of the startup investment market.
The AI Simulator is the first of its kind and the only training platform in the world to use AI to replicate the private equity market. Available across the UK and the USA, the web-based marketplace offers prospective and current investors and entrepreneurs the chance to learn about investment and test the knowledge they’ve gained in a realistic, simulated setting.
SuperTech founders face the dual challenge of building a viable business while learning the ins and outs of the startup landscape. AI Simulator is set to bridge this gap by allowing founders to learn and accelerate their journey across the private market, through a risk-free simulation that allows them to strategise and trial their venture for viability.
In its first three "Seasons," the SuperTech Seeds programme has helped develop 33 professional technology startup founders across the West Midlands, with over one-third of all tech startups launched in Birmingham in 2022 coming from the programme. Eight further investments have now been made in 2024 with investment partner Greater Things and more are set to follow.
As the programme focuses on creating minimum viable products and getting founders from PowerPoint to market readiness, AI Simulator's role will be to ensure that founders can navigate the investment market post-programme. This is vital to ensure successful outcomes and a boost to the West Midlands tech ecosystem.
Hilary Smyth-Allen, Chief Executive at SuperTech shares their excitement to welcome AI Simulator to the programme: “We’re thrilled to work with AI Simulator as it represents a transformative step forward in how we support early-stage founders. Their innovative platform offers an unparalleled opportunity for entrepreneurs to gain deep insights into the complexities of the private equity market, all within a completely risk-free environment. This is a game changer for our founders, especially at the critical idea stage, when knowledge and practical experience are essential.”
Jof Walters, Founder at Greater Things explains the rationale for partnering with AI Simulator: “We’re committed to creating an ecosystem that not only empowers entrepreneurs to build viable businesses but also encourages diversity and inclusion across the tech sector. AI Simulator significantly enhances our programme by giving our founders access to tools that help them refine their investment skills while accelerating their business development. We look forward to seeing how this tool will influence the outcomes of the programme.”
As a graduate of the programme, Ali Kazmi, Co-Founder of AI Simulator, is a testament to how the SuperTech Seeds initiative can help launch a successful business. AI Simulator’s involvement also reflects the pay-it-forward model that SuperTech and Greater Things have fostered together, where programme alumni give back to future cohorts, enriching the entrepreneurial ecosystem.
Ali shares: “It’s brilliant to be a part of a programme that has not only supported me on my journey but also other underrepresented founders within the midlands and across the UK. It’s imperative that founders with MVPs are offered support that not only helps them set up their business but also sets it up for success. To do this, founders need knowledge of the investment market before launching their business to the market.
“AI Simulator is excited to offer this support for the next cohort of SuperTech’s Seeds programme. By creating a realistic yet risk-free environment, we empower users to not only learn but actively apply their investment knowledge. Our collaboration with SuperTech Seeds exemplifies our commitment to supporting early-stage founders and fostering a vibrant, inclusive entrepreneurial ecosystem.”
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