Earlier this week, equity crowdfunding platform, Seedrs, announced that it has been chosen to be the funding partner for the Welsh government’s Accelerate Growth Program, which is seeking £20 million.
According to Tech City News, the program of training and mentoring is set to see up to 1,000 export-focused, high-growth companies for three years to take their ideas global. It is being led by Newport’s Impact Innovation, along with KPMG, Santander, HSBC and IP Group.
Sharing his excitement for the new venture, co-founder and CEO of Seedrs, Jeff Lynn stated:
“It is a great honor for Seedrs to have been selected as a partner in the Welsh government’s Accelerated Growth Program. We are particularly pleased to be working together with Impact Innovation, which is an experienced, highly professional organization with a strong track record of supporting the Welsh growth business community. We are delighted to partner with them to support the ambitions of Welsh growth focused businesses.”
David Notley, Managing Director of Impact Innovation, reportedly noted:
“We are very pleased to be working with Seedrs to deliver the game-changing Accelerated Growth Programme to high-growth Welsh companies. Seedrs is the leading crowdfunding platform in Europe. They have funded hundreds of ambitious, growth focused businesses across many sectors throughout Europe, and we are delighted to offer our businesses the benefits of such a professional approach to crowdfunding to raise the capital they need to grow.”