There are many great things about working at BGV. There’s watching our later stage teams reach millions of users, watching the founders grow as leaders and people, celebrating as teams raise money along the way, bringing new impact investment into their businesses. There’s working with teams during the accelerator programme as the figure things out and test their assumptions. There’s the moment when we say ‘yes’, helping people realise that there might just be something in that idea they had and that we believe in it just as much as they do.
But my particular favourite part is when we open up applications and say to the world — how can we help you turn your idea into reality? It’s a bit like turning on a firehose of positivity — we love all the people getting in touch and coming along to our Q&A events or drop-ins. It’s a huge amount of fun because we get to meet people who are totally passionate about social or environmental problems and talk through their ideas. We can’t invest in them all but we try to be as helpful as we can even if there isn’t a fit between what we’re looking for and what people are working on.
So what are we looking for? Well, generally we’re best suited to helping idea or prototype stage companies run by a small team of people who really understand a particular social or environmental problem. The idea will have the potential to benefit millions of people and generate real financial value by addressing a problem in health, education, sustainability or democracy. We’re interested in ideas that nobody has done before and we’ll be thinking about how the idea could be protectable as well. Is there a moat that could make this venture the one that wins when other people realise it’s a good idea and try to copy it?
We like teams (ie more than just one person) who are able to show us that they really work well together and bring the best out in each other. We’re looking for people who are super ambitious but have a willingness to listen to feedback and recognise when their assumptions are wrong They are always ready to get out of the office and talk to people to find out what they really want. They’re absolutely committed to addressing the problem they’ve set out to solve and are driven by that strong urge of ‘this needs to change’ no matter what obstacles people put in your way.
Starting a tech for good venture is hard. We know that and we’re complete fans of the people who set out to do it. We spend all our time with them and can’t help but have a sense of awe about their drive and energy in the face of almost constant knock-backs. But when it goes right, there’s nothing more rewarding than seeing something that you built positively benefiting other people.
What I love about our call for ideas is meeting people who are at that ‘just an idea’ stage and helping them work out whether it could be something that really does positively change the world and improve peoples’ lives.
So if you’ve got an idea to solve a social or environmental problem using technology, don’t hesitate to get in touch. We’ll help in whatever way we can.