Condaal, a software development company based in Hammersmith has launched a new accelerator programme for businesses interested in developing bespoke software.
Three companies will be chosen following the pitch and application process.
Successful companies will get the chance to work with Condaal’s team creating technology designed to push their business forward and increase turnover.
Simon Conway, CEO of Condaal explained:
“We believe in British business and we have seen first-hand the transformative potential that software can deliver. So we are seeking high potential business that will experience rapid growth when supplied with an ideal software solution.
Payment by results
Condaal will offer the programme on a payment by results basis, based on growth in turnover after 2 years of using their bespoke software. Condaal’s CEO commented:
“We are so confident the software will increase business turnover we are offering development based on payment by results – with payment linked to the turnover increase after using the software.
See the diagram below for an outline of the payment by results model:
Condaal are now accepting applications and plan to start working with the winners from May this year.
We’ll be covering the development of the programme later in the year.