Dealflow | February 25, 2017

Entrepreneurial Spark accelerates $188 million in follow-on funding

ImpactAlpha
The team at

ImpactAlpha

The 1,700 businesses that have been through Entrepreneurial Spark’s free programs at a dozen hubs in England, Scotland, Northern Ireland and Wales have attracted £151 million ($188 million) in additional investment and created 3,152 new jobs, according to the firm’s annual impact report.

NatWest, KPMG Enterprise, Dell Technologies and Pinsent Masons support Entrepreneurial Spark to help make UK-based entrepreneurs “credible, backable and investable.”

Entrepreneurial Spark plans to launch its 13th hub in London this year, along with a dedicated fintech accelerator in Scotland.

Photo credit: Entrepreneurial Spark