PwC is launching a series of programmes to help UK start-ups prosper post-Brexit
Come October 2017, the firm will operate six scale-up initiatives in locations across Edinburgh, the Midlands and London...
Tax and advisory firm PwC has made it its mission to “do everything it can to help start-ups prosper post-Brexit” with the announcement that it will launch six scale-up programmes across the UK this October under its existing ‘PwC SCALE' moniker.
Focused on supporting fast-growth start-ups, the programmes will look to connect up-and-coming early-stage businesses with potential customers, industry decision makers, investors and leading experts who can procure, partner, go-to-market, advise or invest in their business.
With sector focuses including financial technology (fintech), retail, health and government technology, the series will run across Edinburgh – recently named the top city to start a business outside of London – the Midlands, and in the capital.
Each programme will be delivered with an established accelerator, or similar delivery partner.
Ahead of its October launch, start-ups can now apply to take part in the new series and will have a good track record to follow – PwC claims that previous participants in its scale-up programmes have raised over £80m in equity; split £60m on joining the programme and £20m raised following the programme.
Alongside these investments, past cohorts are also said to have been connected to over 500 relevant stakeholders which has, so far, enabled over 70 pilots.
Nigel Howlett, UK digital private business leader at PwC, commented:
“Small businesses are an essential part of the UK economy and it’s important we do everything we can to help them prosper post-Brexit. The success of our previous scale programmes inspired us to up the ante, with six more in the pipeline in autumn and more to come in 2018.
“We’re bringing fast-growing and ambitious scale-ups from all over together with the world’s biggest brands, in an environment that allows both sides to learn from each other and build commercial opportunities.”
Applications to PwC SCALE programmes are open here.