KPMG has signed a deal with NatWest to support startups across the UK via the bank’s Entrepreneurial Spark accelerator programme.
Over three years, KPMG has committed to giving a total of 36,000 hours at NatWest’s Entrepreneurial Spark head office in Scotland, as well as seven other sites across the UK, where it will offer business advice to new companies. KPMG will also add cash to NatWest’s Entrepreneurial Spark startup prize fund, a six-figure cash pot given to the best businesses each year.
Iain Moffatt, head of Enterprise for KPMG in the UK, said: “At the heart of KPMG Enterprise is a deep-rooted commitment to providing coaching, support and advice to aspiring entrepreneurs, so we’re delighted that this new partnership with Entrepreneurial Spark and NatWest will enable us to provide a vital helping hand to early stage and growing ventures up and down the UK.
“Entrepreneurial Spark is working with the big businesses of tomorrow, so the more we can do to help entrepreneurs understand and get to grips with their numbers, and ultimately help them to secure investment, the better.”
Since being created in 2011, Entrepreneurial Spark has supported some 1,000 new businesses with free advice.