Royal Bank of Scotland bosses meet new generation of Scottish start-ups in Glasgow
Royal Bank of Scotland is encouraging fledgeling start-ups and businesses keen to scale-up to apply for space at the bank’s entrepreneurial hubs in Glasgow and Edinburgh.
The call is being made following a visit by the bank’s chief financial officer Katie Murray and corporate and commercial CEO Paul Thwaite, on Friday.
The pair visited the Glasgow Hub on St Vincent Street with Scotland board chair Malcolm Buchanan and met with current entrepreneurs, Michael Tougher of Soundbops, Vandana Pillai of Bounce Back Drinks and Thiago Carmo, Passion4Social, to hear about their business journey and their experience so far.
The programme, which was opened by Sir Willie Haughey in Glasgow three years ago, has helped support over 15,000 entrepreneurs across the UK, creating nearly 1,300 jobs and contributing in excess of £103million to the UK economy - with nearly half of all businesses supported female-led.
The Glasgow hub site is shared with Scottish Edge.
Paul Thwaite, CEO for corporate and commercial Banking, said: “The vibrancy, excitement and diversity of start-ups which are supported by our Scottish Entrepreneurial Hubs show how crucial it is that we create eco-systems which allow new businesses to thrive – and create networks which give people the confidence to grow their concept.”
Businesses on the accelerator are provided with free office space in one of the bank’s Glasgow or Edinburgh hubs with free WiFi and printing, with the programme providing focussed support on the recognised barriers that entrepreneurs face, providing access to funding, new markets, infrastructure, leadership and coaching.
In November, the programme was formally endorsed by the Scale Up Institute, a not for profit organisation which aims to make the UK “the best place in the world for SMEs to scale up.
Customers can apply at the Entrepreneur Accelerator site.