Altuity plans to accelerate growth with input from entrepreneur programme
Altuity, a Bristol-based maintenance and facilities management software company, has been accepted on to the South West region’s NatWest Entrepreneur Accelerator programme, based at Trinity Quay in the city centre.
The six-month programme provides successful applicants with coaching, support and office facilities as well as the opportunity to network with like-minded businesses.
Altuity founder Steve Voller says his company is looking to consolidate and grow more quickly within the education sector, as well as using its recent successes as a launchpad into the commercial environment.
He commented: “We recently claimed top spot in the Innovation in Technology category in this year’s national i-FM Technology in FM Awards, as well as winning new business in the education sphere, so we hope to use the knowledge gained from the Accelerator programme to grow even faster.”
Gordon Merrylees, Managing Director Entrepreneurship, NatWest said: “We are delighted to welcome Steve and Altuity on to the programme in the Bristol hub. With our unique offering that provides the right environment, coaching and networks, we help entrepreneurs start, scale and succeed every day. We look forward to seeing Steve engage with the programme and grow the business with us.”
Altuity uses technology to differentiate its product, mainly in the way it visualises data in real-time using 360° photospheres, radio frequency identification (RFID) markers and augmented reality (AR). The system is hosted in the cloud and accessible both on and off-site via mobile devices.
He concluded: “With accelerated growth, we’ll have more funding available for developing existing and new products. We’ve released the first version of our AR app and will develop that further while at the same time capitalising on the recent business wins we’ve had in Newcastle and Devon. In addition, as an established business, I hope to be able to share my experiences with newer start-ups who are also on the programme.”