17 October 2023

Tech Nation returns with £10bn funding pledge

Written By FinTech Alliance in Technology

Tech Nation returns with £10bn funding pledge

Tech Nation is back with the help of Founders Forum Group to champion founders and inject £10bn into startups over the next five years.

In brief:

-10 months after the UK’s tech growth platform announced it would have to close after losing its £12m digital growth grant to Barclays bank, “Tech Nation 2.0” will carry over four of its previous startup growth programmes.

-HSBC Innovation Banking, formerly Silicon Valley Bank, has come on board as a founding partner, and will help facilitate £10bn into startups with Founders Forum.

-Part of the revived organisation’s mission is to produce data-driven reports on the tech ecosystem to equip founders to drive growth.

What does this mean?

“Our mission is to build a world in which all tech entrepreneurs have access to the knowledge and communities they need to succeed,” Founders Forum Group CEO Carolyn Dawson OBE said.

Read more here.

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