• UK Entrepreneurs Launch StartupBritain With Government Backing, But Not Money

    Monday, March 28th, 2011

    Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

    This morning in London, the UK’s answer to Startup America launches, titled – guess what? – Startup Britain. That similarity aside, the initiative has been put together by a number of existing UK entrepreneurs and is not being backed by any government money, unlike the Obama initiative. Instead, we have here a ground-up entrepreneur-led initiative which is seeing over 60 leading brands offer services to up-and-coming startups in the UK. This is not specifically about tech startups – but it may well appeal to that sector.

    The campaign is being launched by Prime Minister David Cameron, who is known to be very pro-enterprise. The UK has 270,000 businesses that start up every year but many fail due to a lack of support. So in effect the Startup Britain initiative is doing a few things much more differently. It’s offering a package of discounts and free trial on business services like insurance, broadband, advertising, office space and more. The claim is that this amounts to over £1,500 in value for every startup company in Britain. Startup Britain is a portal site to a package of these services.

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