Crowdcube explains that Thrive is a “series of support programmes for companies raising on Crowdcube, where [they] partner with leading VCs, and top-tier law and accounting firms to help companies thrive.”
Simultaneously, Crowdcube announced that Green Shores Capital, a venture capital firm, has allocated a £500,000 fund to support three Thrive for Fintech for pre-Series A and Series A Fintech businesses with a “focus on accelerating financial inclusion.” The successful applicants will also receive access to Green Shores Capital’s global network and advisory panel.
The Thrive for Fintech criteria is as follows:
- Must be a financial inclusion company (companies that make financial services more accessible)
- A UK Limited Company
- Post-revenue UK limited businesses
- Aiming to close investment on Crowdcube prior to March 31st, 2019
- Applicants require a pitch deck submission and screening call with Green Shores Capital
A panel of judges, including Crowdcube CEO Darren Westlake, Partner Lead for Propel by Deloitte, Mark Doleman, and Green Shores Capital partner Arunkumar Krishnakumar, will determine who is accepted for the program.
Additional information is available here.
We are delighted to announce Thrive for Fintech! An initiative for fintech companies to secure lead investment from Green Shores Capital, as well as an exclusive legal and accounting service package to utilise after a crowdfunding raise with Crowdcube. https://t.co/qS0JtE1lo2
— Crowdcube (@Crowdcube) December 4, 2018