New UK Accelerator Launches With �1m Seed Fund, Borrows TechStars Model

Another day in Europe, another accelerator launched. The Difference Engine - an accelerator programme in the North of the UK we covered last year which borrowed heavily from the YCombinator/TechStars model - has itself 'pivoted', announcing a rejuvenation and a new name. The new Ignite100 will be a startup accelerator programme with a �1m fund that will invest up to �100k per team for ten teams later this year in the North East of England. The programme set for a September launch and will take applications from across Europe anywhere.

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