Addleshaw Goddard has launched the latest edition of its tech company accelerator.
AG Elevate is a 10-month programme designed to advance start-ups in all sectors of the economy through legal challenges that arise as they grow.
Since it launched in 2017, the programme has supported almost 50 high-growth businesses.
In 2019, Edinburgh-based Amiqus was one of nine businesses selected to join AG Elevate – and Addleshaw Goddard now counts the firm as one of its newest clients.
Amiqus is a compliance platform helping businesses digitally manage onboarding for new clients and staff. The business began when founder and chief executive Callum Murray noticed a gap in the market for a solution to time-consuming and expensive compliance challenges.
For the business, which specialises in the legal sector, being selected to participate in AG Elevate was an opportunity that came at the perfect stage in its growth journey.
Along with the rest of the cohort, Amiqus was assigned a legal mentor, 25 hours of free legal advice, access to legal seminars and networking events, as well as insight sessions and other publications.
Since then, Amiqus has seen its turnover double year-on-year and its client list grow. Murray has also recently been shortlisted as a regional finalist for EY's entrepreneur of the year.
"The Elevate programme provided us not only with invaluable support and insights, but also a great peer cohort of other high growth companies based around the UK," he commented. "Going full circle and now supporting Addleshaw Goddard with our software is of course the icing on the proverbial law tech cake."
Dave Anderson, co-lead of the AG Elevate programme and the Addleshaw Goddard partner who co-mentored Amiqus through the accelerator, said: "It's great to see another success story from the programme, and perhaps the first which we at AG have gone on to become a client of.
"Our team of legal mentors have a comprehensive understanding of the priorities and potential obstacles that fast growing and scaling tech businesses encounter which provide substantial benefits to AG Elevate members beyond just legal input."
Applications are now open for the 2023 programme, with qualification conditional on businesses having existing plans for high-growth and having already received external funding.
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