• Nationwide is launching a six-month mentoring programme in Swindon for early stage start-ups
• Programme will provide skills, work space and support for local organisations
Nationwide Building Society is to launch a six-month mentoring programme for early stage start-ups and is today encouraging more small organisations that are exploring innovative products and services to sign up.
The programme will provide support for local organisations that are already developing products and services, but are looking for support to take the next step toward developing these further or to overcome a specific challenge facing their business.
Nationwide will be working in conjunction with Swindon Borough Council and will be sponsoring space at the Workshed, in Swindon, where the start-ups can have access to a dedicated base to help them reach the next stage in their business.
Over the six-month programme, the Society will work with the start-ups to give tailored support to tackle a specific challenge and develop growth. This includes access to established community networks, office space at the Workshed, a dedicated mentorship and monthly masterclasses.
Applicants should have a clear focus on doing the right thing for the community, have an inspiring product or service with a development plan, and have a link to Nationwide’s key innovation and venturing themes, such as Financial Wellbeing, Personal Data and Identity and House and Home.
Michelle Simpson, Head of Innovation Partnering at Nationwide Building Society, said: "We are looking to support local businesses in the Swindon area, providing space to develop innovative products and services and to work in partnership to help start-ups looking to take the next step. We would like to help bring the local business community together to support new and growing business in our local area.”
Cllr Oliver Donachie, Swindon Borough Council’s Cabinet Member for Economic Prosperity, said: “We are thrilled to be able to welcome Nationwide to the Carriage Works to get this promising new scheme off the ground.
“This Council is committed to creating a nurturing environment for businesses to thrive, and the Workshed is at the heart of that ambition.
“We look forward to working with Nationwide on this exciting venture which, if successful, could bring huge benefits to Swindon’s economy in the future.”
Applications are sought from Swindon and the surrounding area, with a deadline of 10 September 2018. For more information, or to apply please get in touch via firstname.lastname@example.org.
The Society is looking to support start-ups focused around seven main themes which are linked to the Nationwide’s core purpose:
- House and home: Looking at all aspects of how people live their lives in and out of the home
- Personal data and identity: Exploring secure verification, validation and storage of data
- Financial wellness: Driving financial inclusion and wellbeing now and into the future
- Communities and society: People coming together to achieve more than they could as individuals
- Banking as a platform: Exploring the changing role of financial services as consumers evolve
- Operational efficiency: Promoting efficiency and sustainability by investing members money wisely
- New segments: Exploring other areas where we can bring the benefit of mutuality