UKSPA Breakthrough Issue 3 SPA03.ebook_hr | Page 72

IMPACT The Welsh tech dragons You don’t need your own business idea for us to help you become the next Welsh high-tech startup T he Alacrity Foundation, established in 2013, is the home of an educational programme that mentors and trains graduates to become the new generation of successful entrepreneurs in the high-tech sector. The Foundation is an educational charitable trust supported by the Welsh Government, Wesley Clover and the Waterloo Foundation. Based in Newport, Alacrity is one of a number of successful incubators in South Wales. In Newport itself there are three substantial incubators and accelerators supporting the emergence of a significant tech sector in the region. Alacrity is also part of a much wider ecosystem of high- 7 2 | U K S PA b r e ak t h r o u g h | W i n t e r 2 0 17 Dr Wil Williams Chief Executive Officer of Alacrity Foundation (UK) Wil is responsible for the strategic and operational development of the Alacrity Foundation. Before joining Alacrity Wil spent over 20 years as an academic and academic manager, focussing on postgraduate education technology innovation organisations bringing investors, academic institutions, entrepreneurs and governments together to create technology start-up funds around the globe. The Foundation runs a demand- led programme that is one year in duration. Students are drawn from a range of disciplines, but perhaps understandably most students have a computing background. The programme is structured around the development of teams that work on projects provided by private and public sector organisations. We try to solve their problems – what is hurting them, and can we help? The programme recruits a very limited number of graduates every year. Our