Retail and tech entrepreneur Scott Weavers-Wright launches digital start-up hub Haatch
Ex-Kiddicare chief executive’s new venture intends to make “technology dreams a reality”
A new start-up investment firm and incubator has launched which aims to enable digital entrepreneurs from across the globe to make their “technology dreams a reality.”
Founded by retail expert Scott Weavers-Wright, founder of baby superstore Kiddicare which sold to Morrisons for £70m in 2011, Haatch promises to drive capital investment into ambitious digital start-ups.
Alongside finance, Haatch will offer practical help and advice to help early-stage digital businesses grow and “succeed”.
It also plans to build a £1.5m ‘digital incubator’ in up-and-coming Lincolnshire town Stamford; providing workspace and facilities with the goal to encourage collaboration between like-minded entrepreneurs.
The business has already begun working with a number of start-ups in both the UK and US and is keen to hear from entrepreneurs who feel they would benefit from the programme.
Weavers-Wright discussed his plans for Haatch:
“We want to bring something unique to the UK’s business investment landscape and give promising young start-ups a real opportunity to grow fast whilst enhancing their commercial knowledge rather than investing in them and sitting quietly.
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“We’re all passionate business & technology professionals and whilst we won’t ever run the businesses we invest in, we’ll provide our knowledge and expertise to help them succeed.”