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UK accelerators ranked highest in Europe for investment and start-up creation

The UK's start-up accelerators helped develop over 1,200 new businesses in 2015 - Entrepreneurial Spark said to be "world's most active accelerator"

UK start-up accelerator programmes invested $9.9m in businesses in 2015, according to The Global Accelerator Report 2015 from Gust and Fundacity.

The report suggested that UK accelerators are far outperforming their European neighbours such as Denmark ($4.8m) and Spain ($4.6m) and contributed to almost a quarter of the $41m invested in 2,574 start-ups by 113 European accelerators in 2015.

The UK's accelerator schemes also helped to develop 1,124 start-ups (turning ideas into fully-fledged businesses) last year, second only to US programmes which accelerated 2,522 start-ups.

Entrepreneurial Spark, the UK accelerator which runs programmes in nine locations including Bristol, Cardiff, and Manchester, was identified as the “world's most active accelerator” having accelerated 660 start-ups in 2015.

Edwina Johnson, chief operating officer of the Startupbootcamp UK accelerator, said of the findings:

“Europe now has some of the best accelerators in the world – with the advantage of years of experience, access to a diverse talent pool and some of the most advanced markets digitally to work within – just take Estonia and their e-Residency!”

For information and advice on accelerator and incubator programmes and what to look for in an accelerator, click here.

Henry Williams
Henry Williams

Henry has been writing for Startups.co.uk since 2015, covering everything from business finance and web builders to tax and red tape. He’s also contributed to many of our industry-renowned annual indexes, including Startups 100 and Young Guns, and created a number of the site’s popular how to guides. Before joining the team, he reviewed films for a culture website, and still harbours ambitions of being a screenwriter.

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