Tech City UK announces new businesses on Future Fifty Programme
- 24th February 2017
- Innovation & Technology
Tech City UK will be taking on 26 new technology companies for the latest intake of its Future Fifty Programme.
The programme will provide support for the new businesses, giving them access to expert-led workshops and classes as well as media coverage and peer networks.
Amongst the businesses that will join the programme this year are background checking tool and Startups Awards 2017 winner Onfido, car comparison website carwow, and credit check company Clearscore.
The latest intake were selected for their scale-up potential by a panel of entrepreneurs and UK investors. Amongst the 26 businesses are four graduates of the Future Fifty Upscale programme, which provides six months of training for early-stage businesses.
Over 70 businesses have graduated from the programme so far, and between them, the Future Fifty alumni have created over £3 billion in funding and over 25,000 jobs worldwide.
Tech City UK Chief Executive Officer Gerard Grech said: “From fintech to online shopping, telematics to edtech, the Future Fifty companies offer a glimpse into the UK’s digital future. Britain remains one of the best places in the world to start a tech business and we will make sure it remains so.”
He added that with the help of the tech community, Tech City UK will do everything that it can to support them.
A study from data analytics firm Consumer Intelligence has highlighted the impact of technology failures in banking, with more than…