Either way, Royal Bank of Scotland has partnered with Entrepreneurial Spark to provide up and coming entrepreneurs with the chance to apply for free access to business accelerator hubs across the UK in Royal Bank of Scotland.
Each business hub is designed to provide you with the support you need to help you develop your business. In addition to free office space, Entrepreneurial Spark’s support programme includes:
- Access to business guidance and support with a pool of over 50 specialists mentors
- Regular meetings with the Entrepreneurial Spark team to help you set and meet your goals
- Access to regular networking and educational events, including workshops in PR, employment and investment
- Pitch training
- Free onsite IT and Wi-Fi facilities
- The opportunity to work in a collaborative environment suitable for building teams
The hubs will be physical work spaces for up to 80 entrepreneurs selected to join the programme through a competitive application process. Each hub will have two intakes every year. At the end of the programme each hub will host a ‘graduation’ event bringing together entrepreneurs, investors and business advisors for mentoring, peer support and networking sessions. These events award prizes to outstanding businesses and also offer the opportunity to pitch for cash injections for your business.
The hubs will be rolled out over the next two years starting in Birmingham, and leading onto Bristol, Cardiff, Leeds, Manchester and Belfast. Visit the Entrepreneurial Spark website for further information.
Applicants will be welcomed from any sector, from idea, early stage businesses and to those who have been trading up to 4 years and have a turnover of £1m or under.
Applicants do not need to be customers of RBS.
Applications are being accepted now for the Birmingham programme and entrepreneurs in other cities can also register their interest online. Visit the Entrepreneurial Spark website.
At the end of your 6 months you will be able to apply for a further 12 months of support provided you meet the growth criteria.
“Our work in Scotland has had a positive impact on the huge upsurge in the number of new business incorporations, and better still those who go through our programmes have an 80% survival rate which is way above average. Our shared vision with Royal Bank of Scotland is to create an entrepreneurial revival across the UK and we can’t wait to take our success story to benefit a wider audience.”