Entrepreneurial Spark has created over 450 new UK jobs
Entrepreneurs at a Bristol-based start-up accelerator have helped to create more than 450 jobs in the UK.
Entrepreneurial Spark, which is powered by NatWest, opened its Bristol hub in Trinity Quay in August 2015 and has 12 hubs across the UK.
The Bristol hub’s entrepreneurs have created a total of 457 jobs, the highest number of jobs to be created across Entrepreneurial Spark’s hubs, whilst 3,152 have been created across the UK as a whole.
Since its opening, the Bristol hub has provided support to 164 businesses, which between them have achieved a turnover of £22 million and raised over £9 million in investment.
The figures were released in Entrepreneurial Spark’s 2016 Impact Report, which the accelerator has named “Blow Your Mind” as a result of the success of its hubs and the impact that it has had on the UK economy.
Entrepreneurial Spark now has hubs based in England, Northern Ireland, Scotland and Wales, providing support to businesses across a number of different sectors. The start-up accelerator, which is supported by KPMG Enterprise, Dell Technologies and Pinsent Masons, has helped a total of 1,700 businesses across the UK to grow and scale-up.
Commenting on the figures and the success of Entrepreneurial Spark’s Bristol hub, NatWest Entrepreneur Development Manager Matt West said: “Not only is the Entrepreneurial Spark programme making a real difference to the start-ups and growing businesses who take part, but these figures show how it is significantly benefiting the Bristol economy too.”
He added that Bristol has a supportive and vibrant business network, and Entrepreneurial Spark has quickly become an important part of that and will continue to be so.
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