Top technology entrepreneurs pledge their services to small enterprise
70 leading professionals will mentor promising tech businesses through Enterprise Hub scheme
A group of the UK’s top technology entrepreneurs have pledged to mentor promising tech start-ups and growing businesses, as part of the Royal Academy of Engineering’s new Enterprise Hub service.
70 business leaders have undertaken to volunteer for at least one day a month, sharing their experience and expertise with businesses taking part in the Enterprise Hub programme.
Volunteer mentors include Mike Lynch, co-founder of software firm Autonomy, Sir Robin Saxby, former chief executive of microprocessor company ARM and serial entrepreneur and academic Sir David Payne.
The Enterprise Hub scheme, set to launch on 29 April, aims to grow the UK technology and engineering sector by providing the most promising early stage businesses tailored mentoring, expertise and support.
To date, the Academy claims that 840 mentoring hours a year have already been pledged from business leaders, with this figure set to grow as awareness of the programme increases.
Ian Shott, chair of the enterprise committee at the Royal Academy, said: “Our vision for the Hub is to seed a culture of success amongst the most ambitious and high potential technology-intensive SMEs in the UK.
“It will build their capabilities and provide them with essential connections to established financing and business clusters that offer access to finance and routes to market.”
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Business secretary Vince Cable commented: “The government is focused on making this the decade of the engineer. Programmes like this will go a long way towards helping us achieve this ambition.
“We have seen in so many sectors already the huge benefits for individuals and businesses of mentoring programmes. This stellar list of mentors will ensure the next generation of talent keeps Britain at the forefront of science and innovation.”