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.
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.
Below is the list of “endorsed” seed competitions:
Emerge Education Accelerator
Pi Labs (for Proptech)
Deep Science Ventures
The program also provides some “free” support including mentoring, relocation assistance and more.
If you are interested you can check out the program here.