Eight innovative tech companies have been selected by Blick Rothenberg LLP to receive a year’s free financial and business mentoring.
The Tech Business Programme is part of an annual awards process that will see judges from Tech City News, Channel 4 News and the Investors Chronicle identify the most promising tech start-up.
The start-ups represent a cross section of the UK’s diverse tech market. From building educational robots to providing an information hub dedicated to fitness, the participants were chosen from over a hundred companies who applied for a year’s free services to help build their businesses.
Ross Fabian, partner, said: “Having seen some exceptional technology companies struggle with their financial planning, we wanted to help. Putting aside funds for tax, VAT and other business expenses incurred is typically not the top priority for start-ups.”
He added: “As the first accountancy firm to get involved with London’s Tech City, we recognised this lack of financial planning can prevent great ideas becoming great businesses. This inspired our decision to help the community, building the programme to ensure the selected companies have the right financial infrastructure in place.”
The companies will be evaluated over the coming year by the firm and three judges: the Editor of Tech City News Emily Spaven, Channel 4 News’ Technology Reporter Geoff White and Editor of the Investors Chronicle John Hughman.
The eight start-ups are:
Agilic's Discover-e-bot is a robot anyone can build and then have fun and learn about technology. Agilic's aim is to have a great impact in the learning and use of positive technology in the UK and worldwide.
Apperio has created easy to use software providing transparency to law firms and in-house lawyers.
Looop is an online learning platform for business, with a learner-experience that replicates the way people consume content today.
Love the Sales
Lovethesales.com saves consumers time and money by bringing every sale on the web into one site.
RoomFlick uses social connections to match people with spare rooms. It’s like Spareroom meets Tinder for the rental market.
Seenit enables large companies to easily embed their global communities of customers, employees, fans and experts into their video creation.
Sup is a social discovery app that brings people together by alerting them when friends are nearby.
WatchFit is a thorough, comprehensive and continuously expanding resource and information hub dedicated to fitness, health and nutrition.
To be eligible to enter, the start-ups had to:
- be a UK incorporated company, active for less than 2 years;
- be an owner-managed business;
- have significant external funding achieved or secured;
- achieved revenues from the previous 12 months of more than £100,000; or have a tried and tested product at beta stage or about to launch; and
- demonstrate a strong management team.