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|Nest|2011|An application process that is open to all, yet highly competitive. Provision of pre-seed investment, usually in exchange for equity. A focus on small teams, not individual founders. Time-limited support comprising programmed events and intensive mentoring. Cohorts or ‘classes’ of start-ups rather than individual companies.|[https://www.nesta.org.uk/report/the-startup-factories/ Link 1]; [https://media.nesta.org.uk/documents/the_startup_factories_0.pdf/ Link 2]|TBD
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