FAQs

  • Is my business right for the programme?

    We are passionate about working with businesses who are ready to take a big step up in terms of scale and as such we expect applicants to at least have a prototype/ proof of concept. While we are a UK business, applications are welcome from any country and you do not need to move here for the duration of the programme.

  • What information do I need to provide?

    See the application form – we ask for information on your company, team and product or service.

  • What stage should my business be at to apply?

    We are happy to look at any stage of business, but realistically we expect applicants to at least have a prototype/ proof of concept in order to take best advantage of the programme. Applicant businesses should at very least be a legal entity.

  • What is the aim of the programme?

    We want to build long-term commercial relationships with the businesses who take part in the programme. That is why it is focussed on developing commercial propositions and growing them. The reason we are running the programme is to develop the next generation of products and services for a new generation of consumers, and we think the best way to do that is to collaborate.

  • How much money is available for each trial?

    We have set a budget of up to £150,000 for the trials. As we expect to run a number of trials this budget will be split between them.

  • Will I be required to be in your offices?

    While it would be great to spend a lot of time with you, we understand that any growing business has many (often challenging) priorities and we don’t expect you to be with us all the time. Reasonable working arrangements will be agreed with each successful applicant individually.

  • Do I need to be in the UK?

    No, we welcome applicants from all over the world. Please be aware of any visa restrictions which may affect you.

  • Is there a minimum age?

    Not as such, however applicant businesses need to be legal entities. If you are under 18 please contact us before applying, as this could preclude you from joining the programme.

  • Is the programme an accelerator?

    The programme is not a traditional accelerator in that there is no set curriculum and is focused more on developing a commercial relationship and piloting than it is on learning. While many of the elements of an accelerator (mentoring, peer-to-peer learning and training) will be available, they will be dependent on need rather than mandatory.

  • What is Centrica’s experience of working with start-ups?

    We have some great experience of working with start-ups and emerging businesses. Generation xYz is the third programme we have run, so while we are still learning, we have an experienced team and a receptive business. We also have several years of experience as a corporate venture team, starting in 2013.

  • Will my IP be protected?

    Yes! Any IP which you bring to the programme will remain yours. Our in-house IP team will also be able to help you with protection. If a trial makes it likely that we may develop some new IP as partners we will ensure that is dealt with separately without infringing on your existing IP.

  • What is the process for applying?

    Simply use the Apply Now button and fill in our form. Finalists will be selected by mid-September and the Pitch Day will take place in mid-October.

  • What will the day-to-day experience of working on the programme be?

    The programme will depend on your needs, however it will focus on two main outcomes – learning about Centrica and its markets, and a paid proof of concept trial. As such the day-to-day will vary, however it is expected that it will include an intense focus on developing a fully commercialisable solution.

  • How many start-ups will be successful?

    We expect to take a maximum of 15 startups to Pitch Day, and a maximum of 6 of those will be successful. This is to ensure that we are able to provide enough focus on each successful applicant. Other outcomes (investment and commercial introductions) will be considered where relevant.

  • Is there a curriculum?

    There is not a curriculum, the programme will depend on the needs of the successful applicants.

  • Will Centrica invest in the businesses on the programme?

    We might, but it is not an obligation for taking part in the programme. Successful applicants will have direct and regular access to our Ventures team.

  • Will there be an equity requirement for taking part in the programme?

    No.