Carolyn McCall DBE, CEO, ITV
Studio 55 Ventures, by ITV are looking for small teams – or exceptional individuals – with big ideas. We want to hear from driven people to join our latest talent programme and prove themselves to be our next business partner.
If you are an entrepreneur who dreams about starting your own media business, this is the perfect opportunity to flourish. We’ll give you the tools, backing and funding to turn your ambitions into a reality. You’ll learn how to develop your concept into a powerful business model and launch it to the world.
We're not looking for the next Love Island, we're looking for a media landscape gamechanger. These could be in the form of streaming platforms, eSport apps or even the next TikTok. We want to hear about your innovation and why 16-34-year-old’s need it in their lives.
First of all, you’ve got to be in it to win it and get your application in. Then, we'll invite 8 of the best teams to join the programme. You'll work with us through different stages designed to test, prove and develop your ideas. There will be plenty of challenges for all our budding business partners, but it's important we find out together whether our partnership is the right fit for each other. Find out in more detail what the programme involves here.
The first step is to spend six weeks turning your idea into a presentable business case. You'll then pitch this to investors and successful models will be selected to develop further.
every team will receive a one-off £10K payment
Teams will work full-time for 3 months with us to user-test and develop their idea into an actual prototype. We’ll choose the best to come onboard with us.
teams will get a further payment and a prototyping budget
Successful teams will be given full backing to turn their prototype into a fully scaled business within ITV.
salary, funding and support, plus bonuses
“I’m an established business, can I still apply?”
No, not if you already have products in the market or you’ve received any type of institutional funding.
“Okay, but what if I don’t currently work in the media?”
That’s okay, you just need to have an idea that is media-related and show why you’d be well suited to build this business. Find the full selection criteria here.
“So, I’ve got this reality show concept about dinner dating in the dark. Interested?”.
Sounds intriguing, but we’re not looking for new TV show pitches here. Find out more about what we’re looking to invest in.
You need to prove to us you’ve got what it takes – so it’s only fair that we reveal a bit more about what makes ITV a great partner:
Our channels reach 90% of the UK population every week
ITV Hub has over 31m registered users in the UK, with 80% of 16-34 year olds signed up
We invest £1.1 billion annually in content for our UK family of channels
We have lots of exclusive IP - from independent programming to big drama and entertainment shows
Our ITV talent - think Ant and Dec, Piers Morgan, Holly & Phil - set us apart from the rest
We are More Than TV, with revenue from our direct to consumer businesses reaching millions each year.
We’ll give full support to all candidates joining the Studio 55 Ventures, by ITV programme. You'll receive professional mentoring, financial support and access to our state of the art facilities and data insights.
Yes. All applicants will be asked to give details on the business they want to build and why it's needed when applying to the programme. Unfortunately we will not accept applications from people without a business idea.
We are primarily looking for teams of 2-3 people, however, we will consider solo applicants or teams of more people in exceptional cases
We are primarily looking for applicants who have yet to start their business and have not yet incorporated a company. That being said, if you are running a business that you feel could benefit from becoming part of ITV and utilising ITV's assets, and you have not yet received any institutional funding, we may consider your application.
No. The programme is open to people of all backgrounds, and we do not expect all applicants to have experience as a founder or even working at a start-up. ITV will provide support and coaching to upskill you as a founder and create a successful business. We will, however, be looking for evidence that you are a self-starter and motivated to create a large, impactful business.
Yes, provided your idea relates to the media industry and you are able to articulate why you are the best person to build that business.
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