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UK launches Startup Program to support Global Entrepreneurs

The UK government, via the Department for International Trade (DIT), is offering an interesting program to lure entrepreneurs to expand their startups in Great Britain. DIT says the program has already relocated 340 businesses to the UK, creating more than 1000 jobs and raising over £1 billion in private investment for these firms.

The Home Office of United Kingdom also recently decided to launch ‘special’ visas in the coming spring for the entrepreneurs who want to launch their business in U.K. Many believe that the launch of such visas and programs will also help Britain to meet the acute deficiency of skills after the abrupt Brexit.

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Also read: GROCERY DELIVERY STARTUP HOME RUN RAISES OVER £470K

DIT says the program has already relocated 340 businesses to the UK, creating more than 1000 jobs and raising over £1 billion in private investment for these firms.

To qualify for the “Global Entrepreneurs Program” or GEP you must be an overseas-based entrepreneur or tech business. DIT has established a “dealmakers” team of 19 entrepreneurs to help hold your hand through the entire process.

Also read: PREMIUM SPORTSWEAR BRAND CASTORE RAISES £3.2M FROM A GROUP OF PRIVATE INVESTORS

Below is the list of “endorsed” seed competitions:

TechStars London
Oxygen Accelerator
Seedcamp
Wayra
Collider
Entrepreneur First
Emerge Education Accelerator
StartPlanet NI
Pi Labs (for Proptech)
Founders Factory
Deep Science Ventures
Zinc
The program also provides some “free” support including mentoring, relocation assistance and more.

If you are interested you can check out the program here.

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