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Frequently Asked Questions

Answers to some common questions about the Safety Accelerator

  • Is the Safety Accelerator focussing on any particular themes?

    The Lloyd's Register Safety Accelerator focuses entirely on enhancing the safety of life and property at sea, on land and in the air. Within this we may from time to time concentrate on specific industries (e.g. Marine, Oil & Gas) or specific themes (e.g. cyber security, risk analytics, computer vision for human safety). Human safety on-board has been selected as the first safety challenge theme.

  • How does the Lloyd's Register Safety Accelerator decide which challenges to focus on?

    The Lloyd's Register Foundation constantly researches safety and risk and provides input for challenges  for the Safety Accelerator programme in the form of published research, such as the Global Safety Challenges insight report. At the same time, Lloyd's Register (LR) works with key industry players to identify critical safety and risk challenges which are suitable for the Safety Accelerator.

  • What kind of support does Safety Accelerator offer?

    For industry partners, the Safety Accelerator offers:

    • Opportunity to focus digital innovation on key business challenges
    • Support for trialling new solutions in a de-risked environment with early adoption opportunities
    • Access to innovative new technologies and start ups
    • For more details, please visit our Industry Partners page

    For startups, the Safety Accelerator offers: 

    • The ability to trial solutions in the real world with a leading industry player
    • Funding towards the costs of the trial
    • Industry specific specialist support and training (regulator, data, systems) from LR and its clients.
    • Entrepreneur development (e.g. marketing, IP, minimum viable product, business Case, investor pitching)
    • For more details, please visit our Digital Innovators page.
  • Who can apply to the Safety Accelerator?

    The Lloyd's Register Safety Accelerator is open to innovative small businesses across the world who have a product or service that can solve the specific safety challenge.

  • I'm a small business tech business – what's the benefit for me and how do I get involved?

    The safety and risk market is significant and relatively untapped by digital technology companies. Safety and risk covers most major industries and frequently involves assets worth millions of pounds operating in harsh environments. This provides opportunities for all types of digital technology solutions, but especially those that support data driven innovation. Almost every technology solution you have in a city, vehicle, home or on your person also has an application in safety. The Lloyd's Register Safety Accelerator will equip successful candidates with market knowledge, a funded customer trial, as well as access to funding and entrepreneurial support.

  • I'm a large corporate – what's the benefit for me and how do I get involved?

    The Lloyd's Register Safety Accelerator aims to de-risk innovation and enable you to collaboratively trial new digital solutions to your safety and risk challenges. As the successful accelerator company receives trial funding through the Accelerator, your only costs are time and effort to run the trial. Being part of the Lloyd's Register Safety Accelerator programme will introduce you to small innovative companies that are not normally in your supply chain.

  • I'm an LR client – what's the benefit for me and how can I get involved?

    The Lloyd's Register Safety Accelerator aims to de-risk innovation and enable you to collaboratively trial new digital solutions to your safety challenges. As the successful accelerator company receives trial funding through the Accelerator, your only costs are time and effort to run the trial. Being part of the Lloyd's Register Safety Accelerator programme will introduce you to small innovative companies that are not normally in your supply chain. To find out more, please contact your Account Manager.

  • I'm part of an academic institution – what's the value of the LR Safety Accelerator and how do I get involved?

    The Lloyd's Register Safety Accelerator provides trial funding and opportunities for innovative small businesses, including companies coming through university incubators, but is not funding academic institutions. However, if you interested partnering with the programmes as part of safety challenge, please get in touch.

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