Natwest to launch new fintech accelerators

NatWest has announced that it is launching four specialist FinTech accelerators based in its London, Bristol, Edinburgh and Manchester hubs.

Underpinned by the bank’s Entrepreneur Accelerator offering, which aims to support 5,000 entrepreneurs through its comprehensive network programme of free mentoring, insight and bespoke coaching developed for entrepreneurs who want to grow and scale their business, up to 80 fintech businesses will benefit from Dell EMC’s expertise through regular technology reviews and sales strategy analysis. Law firm Pinsent Masons will also offer firms legal advice as partners on the project.

Adding to this, entrepreneurs will be assigned a “technology team mentor”, have the opportunity to pitch to the bank’s Innovation Scouting Team, and be introduced to key contacts at the Department of Industry and Trade.

Commenting on the announcement, Alison Rose, CEO of Commercial and Private Banking at NatWest, says: “The comprehensive programme of mentoring, insight and bespoke coaching that we have developed over the past three years has revolutionised the way we support entrepreneurs, and is really working. By building on this success and bringing the NatWest Entrepreneur Accelerator network in-house, we can dramatically increase the number of entrepreneurs we’re able to support.”

At Beavis Morgan, we work with a number of entrepreneurs and startups, helping them set up and run their businesses, whilst navigating the challenges and advising them on making the right decisions both now and for the future.

We also understand that whether you’re a startup or a well-established business, cash is king and managing its flow is crucial to your immediate and long-term success. That’s why our independent finance brokerage, BM Structured Finance, is readily available to assist startups source the right funding for their individual needs.

For more information about how we can help you and your entrepreneurial business, contact Steve Govey, Partner within our Beavis Morgan Entrepreneur Support Team, or Simon Belton at BM Structured Finance.