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Creative Enterprise Evolve launches again – meet the next cohort

We’re excited to share that the latest iteration of Creative Enterprise Evolve, a unique programme developed by Creative England, British Film Institute and UKBAA to showcase the incredible investment opportunities that exist amongst the UK’s creative industries businesses, has recently launched again. This comes following three previous successful instalments of the programme; impressively these iterations have supported a total of 27 high-growth businesses and engaged a massive 418 investors, exposing them to impressive opportunities that they might not have previously considered.  

The cohort from the 2020-2021 instalment of the programme represented all areas of the creative sector, including a platform for comedy creators, an award-winning animation studio, as well as a production studio focused on interactive content. It’s possible to read up on each of the businesses that took part and many of the highlights from this version of the activity here

 

27 high-growth businesses and engaged a massive 418 investors

 

One of last year’s programme participants Interflix, the first solely interactive production house in the UK, have since gone on to form a range of impressive partnerships. Post the programme they raised an impressive seed round, which we’re pleased to share was oversubscribed – we look forward to seeing what’s next from this innovative studio. Another of the participants: Charisma Entertainment, which powers virtual character behaviours for entertainment experiences, have obtained investment from venture fund WiSE. The investors shared that this specific investment came in recognition of the importance of Metaverse developments across the media industry. They were also recently awarded the ‘Responsible and Ethical Tech Pioneer’ at The Digital Catapult Awards. Furthermore, another of our participants: Comedy Crowd – a platform for comedy creators – have just announced a partnership with Universal Comedy. We’re delighted to report on the traction that the cohort is experiencing and are excited to see where their journeys take them next.

There’s set to be a range of ways for investors to engage with the next cohort, from smaller investor-only dinners, with the opportunity for more direct liaison, as well as a culminating curated investment showcase, which will see the businesses take everything they’ve learnt from the programme and present their perfected pitches. In addition to the investment readiness training the cohort receive through the programme , we’re pleased to share that UKBAA members Cornerstone Partners are also involved in this next programme, providing additional, face-to-face advice direct from the investors’ perspective. The programme will be welcoming back Travis Baxter, a leading Business Mentor and angel investor who has years of experience working in media, radio broadcasting and the wider creative industries. We sat down with Travis as part of the previous programme to discuss the opportunities in the space, read more here.

You can find out more about the businesses involved in the latest programme here.  The cohort falls into three core categories: gaming, production and creative content / marketing. They include a number of independent animation studios with a diverse range of focuses, a host of games development companies, film production companies, as well as a boutique concept art studio. Specific examples of those taking part include FedUP Studio Lab: a new ethical animation studio developing innovative remote workflows, helping clients to both understand the animation process and the benefits of a more ethical approach. Peggy Pictures: a female-led production company focused on content for the under 30’s audience and Cardboard Sword: an independent game development company focusing entirely on own-IP creation. These businesses represent an exciting cross-section of the creative industries, and we look forward to acquainting our investment community with these exciting, scaling businesses.

Since the inception of the programme, we’ve been able to introduce investors to businesses focused on AR/VR, animation, games, high-end and children’s TV, a host of film production houses and content creators. We’ll be sharing updates relating to Creative Enterprise Evolve’s alumni, the new cohort, as well as insights regarding the broader sector that we think will be of interest to investors over the coming months. Keep an eye on the Creative Enterprise Evolve page on our website, as well as Creative England’s wider programme page: https://www.wearecreative.uk/support/creative-enterprise/  

By UKBAA25 Nov 2021