Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Regional Tech Start-ups Thrive on Barclays Eagle Labs Accelerator Scheme

by April 23, 2024
April 23, 2024
Regional Tech Start-ups Thrive on Barclays Eagle Labs Accelerator Scheme

Barclays Eagle Labs’ accelerator scheme is catalysing a tech revolution beyond London’s borders, with a surge in support for start-ups led by women or ethnic minority entrepreneurs under its revamped £12 million government-backed initiative.

In its inaugural year, the programme showcased impressive statistics: 74% of the 1,681 tech start-ups enrolled hailed from regions outside the capital, while approximately 65% were founded by women or ethnic minority entrepreneurs. This marked a notable departure from previous initiatives, underscoring the programme’s commitment to fostering diversity and inclusivity in the tech sector.

Director of Barclays Eagle Labs, Amanda Allan, highlighted the program’s emphasis on regional engagement as a key differentiator. She stated, “One of the differences between what we are doing and what Tech Nation did previously is this activity outside of London. We know that national programmes can’t touch all the communities that need help, so we have set up our ecosystem partnership programme [to do that].”

The programme’s impact extends beyond mere numbers, with tangible support reaching 600 companies through 18 diverse programmes, ranging from investment readiness to cutting-edge focuses such as climate tech and AI. Local delivery partners, including esteemed names like Tramshed Tech in Cardiff and Bayspace St Ives, have played a pivotal role in amplifying the program’s reach.

Barclays’ commitment to nurturing talent is evident in its expanded mentorship pool, now boasting 1,500 experienced advisors, including those from prestigious institutions like Cambridge Judge Business School. Additionally, the program’s budgetary flexibility has allowed for unexpected expansions, such as the addition of a 13th company growth programme and increased funding for local schemes.

However, challenges remain, notably in the delayed launch of the online academy. Despite initial setbacks, Allan remains optimistic about the program’s trajectory, emphasising its pivotal role in fostering economic growth and technological innovation.

Barclays Eagle Labs’ commitment to the tech ecosystem is unwavering, evidenced by its thriving network of 37 locations nationwide, offering not just hotdesking facilities but also comprehensive support, training, and networking opportunities. Since its inception in 2015, the programme has been instrumental in supporting 13,000 businesses, collectively raising an impressive £3.7 billion in funding, underscoring its vital role in driving the UK’s tech evolution.

Read more:
Regional Tech Start-ups Thrive on Barclays Eagle Labs Accelerator Scheme

0
FacebookTwitterGoogle +Pinterest
previous post
Chocolate Cravings and Bargain Hunts Drive Down UK Food Inflation for 14th Consecutive Month
next post
Carpetright Paralysed by Cyberattack: Online and In-Store Trading Halted

You may also like

AstraZeneca moves $360M investment in a new manufacturing...

February 9, 2023

Chancellor’s £7.3bn green gamble aims to boost UK...

July 10, 2024

Export champion quits over ‘anti-business’ stance, claiming Starmer...

February 3, 2025

Business confidence hits ten-month high

March 31, 2023

Revolutionise your workplace with an efficient solution for...

August 29, 2023

UK vacuum cleaner innovators secure six-figure investment in...

November 3, 2022

Warning petrol ban delay could stop people buying...

September 20, 2023

UK house prices see slight uptick in june...

July 2, 2024

Mulberry rejects £83 million takeover bid from Frasers...

October 1, 2024

South East leads in bank loans to small...

October 21, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved