Manchester Digital, the regional technology industry body, has received funding from Barclays Eagle Labs to support local start-ups.
The funding, awarded as part of the Barclays Eagle Labs Ecosystem Partnership Programme, will support 200 start-ups and founders spread evenly across Manchester’s 10 boroughs.
“Our Startup Activator program delivers a bold vision of a hyper-local, inclusive and thriving startup ecosystem across Greater Manchester,” said Manchester Digital MD Katie Gallagher OBE.
“Diversity is fundamental to the development of innovative products and services, and by connecting people from diverse backgrounds with assets and support to grow and expand technology businesses, we create quality jobs across the region.” can do.”
Manchester Digital’s program will consist of roadshows and workshops for 200 participants. Phase 2 of the plan will provide more intensive mentoring to his 100 startups with the highest growth potential.
Amanda Allan, Director of Barclays Eagle Lab, said: “We are excited to be able to facilitate this funding to support Manchester Digital’s Startup Activator Programme, which will help support 200 technology companies across the region. I’m really looking forward to it arriving.”
The amount of funding provided by Eagle Labs was not disclosed. However, David Hamilton, head of implementation at Barclays Eagle Labs, said: uk tennessee In an interview last year, the startup incubator said it would “raise £1.1 million in grants” in each of the two years of the regional partnership programme.
Separately, Eagle Labs announced in October that it would put £1.75 million into a funding matching scheme for seven startup accelerator projects across the UK.
Barclays Eagle Labs won a £12m Digital Growth Grant in January, beating previous winner Tech Nation in an open tender process.
Last week Manchester Digital, along with a small number of prominent technology companies in the North of England, called on the Mayor of Greater Manchester to support the Northern Technology Coalition, backed by the Digital Investment Fund.
The announcement comes during the inaugural UK Tech Week, a series of events promoting the UK’s regional technology economy.
