30 UK start-ups to get support from top entrepreneurs in Tech City initiative
Upscale programme will see Startups 100 companies Appear Here and Property Partner receive mentoring from founders of LOVEFiLM and Zoopla
30 of the UK’s up-and-coming start-up businesses are to receive mentoring from a group of the country’s most successful entrepreneurs, including LOVEFiLM’s Simon Calver and Zoopla’s Alex Chesterman, as part of new Tech City initiative Upscale.
Alongside mentoring, the start-ups chosen for the Upscale programme – those that have achieved at least £1m turnover or raised significant funding – will also receive access to workshops on topics such international expansion, HR support, and building a fast-growth company.
The first start-ups chosen for the programme span several industries including e-commerce, financial technology (fintech) and data.
Almost all of the selected companies have been founded within the last six years, have raised an average of £5.6m, turned over $1.8m and employ 30 people.
Among the 30 companies were several names familiar to Startups readers including Startups Awards Simply Business Startups Business of the Year 2015 Appear Here, and Startups 100 listed Pact Coffee, Property Partner, and Seedrs.
The mentors for the programme, which also include Hassle co-founder Alex Depledge, Adzuna’s Doug Monro, Graze CEO Anthony Fletcher, and Onefinestay co-founder Greg Marsh, will be giving up their time for the start-ups for free.
Other coaches include Niklas Zennström, co-founder of Skype; Brad Feld, founder of Techstars; high-profile investor Saul Klein; Jerry Colonna, founder of Reboot.io; and Tracy Doree, founding partner at Spring Ventures.
The full list of UK start-ups taking part in Upscale are:
- Appear Here
- Bloom & Wild
- Global App Testing
- Growth Street
- M Squared Lasers Ltd
- Pact Coffee
- Property Partner
- Receipt Bank
- SAM Labs
- Show My Homework
- Snap Fashion
- Touch Surgery
Unruly co-founder Sarah Wood, who will also be mentoring start-ups as part of the initiative, commented:
“Our tech start-up ecoystem is stronger than ever; scaling UK start-ups further and faster is now the most pressing challenge for UK PLC if we want to harness the business opportunities brought about by the digital revolution.
“Only by working together and sharing our expertise can we ensure that as many UK companies as possible go from start-up to scale-up and contribute to the future growth of the UK’s digital economy.”