UK television sector growth program Indielab Accelerator has opened its call for applications for 2020, the program’s fifth year.
Indielab Accelerator seeks to help indie prodcos achieve scale and develop their business, providing 15 early- and mid-stage entertainment prodcos with a program that explores the growth opportunities that are specific to their businesses, including masterclasses from 50-plus industry experts and consultants.
The program provides global market insight, investment-readiness analysis and an investor-pitching event, with prominent industry speaker events, focused on the dominant issues affecting the industry each year.
This year, the BBC is committing to a longer-term partnership with Indielab, having now become a full sponsor. Creative Scotland has also come on board as a funding partner, as well as long-time supporter Channel 4, which will invest in the 2020 program via its Indie Growth Fund and Nations and Regions content spend.
Other sponsors are Getty Images, new to Indielab this year, as well as Banijay Rights, law firm Harbottle & Lewis, accounting and tax consultants Ecovis Wingrave Yeats and Nyman Libson Paul.
Indielab Accelerator will strive for a cohort that balances scripted and non-scripted producers as well as male- and female-owned businesses, and half of the cohort will be based in the UK’s nations and regions, in line with the program’s mission to help nurture diversity and sustainable production hubs outside of London.
“Over five years and 60 alumni, we have gained a rich and unrivaled insight into the UK’s indie sector, which remains the lifeblood of our world-class creative industry,” said Indielab founder and CEO Victoria Powell (pictured) in a statement.
“The biggest take-away is that our program is more relevant than ever in today’s market, which is facing unprecedented change. UK indies can no longer survive purely on domestic commissions, they must look to the global market. This requires constant focus on building new skills and new relationships. In addition, M&A activity is predicted to rise after a quieter 12 months. Our aim is to use our network and knowledge to provide UK indies with the tools and intelligence they need to navigate these challenges.”