https://www.fintechfutures.com/wp-content/themes/fintech_child/assets/images/logo/fintech-logo-2.png
  • Home
  • News
  • Intelligence
    • Back
    • Features & Analysis
    • Interviews
    • Reports & Surveys
    • White Papers
    • Case Studies
    • Webinars
    • Podcasts
    • Videos
    • Library
    • Techwire
    • Browse
  • Publications
    • Back
    • Banking Technology Magazine
    • Subscribe to Banking Technology Magazine
    • Banking Technology Magazine Calendar
    • Daily News at Sibos
  • Content Hubs
    • Back
    • Diversity & Inclusion
    • Food for Thought
    • I’m Just Saying
    • The Heart of the Matter
    • ESG Comms Explained
    • State of Play
    • One More Thing
  • Videos
  • WTF? Podcast
  • Awards & Events
    • Back
    • Banking Tech Awards
    • Banking Tech Awards USA
    • PayTech Awards
    • All Events
  • Advertise
  • Jobs
  • More
    • Back
    • About us
    • Contact us
    • Advertising / Media Kit
    • FinTech Futures Newsletter
  • FinTech
  • BankingTech
  • PayTech
  • RegTech
  • WealthTech
  • LendTech
  • InsurTech
  • US Edition
    • Intl. Edition
Banking Technology
  • NEWSLETTER
  • Home
  • News
  • Intelligence
    • Back
    • Features & Analysis
    • Interviews
    • Reports & Surveys
    • White Papers
    • Case Studies
    • Webinars
    • Podcasts
    • Videos
    • Library
    • Techwire
    • Browse
  • Publications
    • Back
    • Banking Technology Magazine
    • Subscribe to Banking Technology Magazine
    • Banking Technology Magazine Calendar
    • Daily News at Sibos
  • Content Hubs
    • Back
    • Diversity & Inclusion
    • Food for Thought
    • I’m Just Saying
    • The Heart of the Matter
    • ESG Comms Explained
    • State of Play
    • One More Thing
  • Videos
  • WTF? Podcast
  • Awards & Events
    • Back
    • Banking Tech Awards
    • Banking Tech Awards USA
    • PayTech Awards
    • All Events
  • Advertise
  • Jobs
  • More
    • Back
    • About us
    • Contact us
    • Advertising / Media Kit
    • FinTech Futures Newsletter
  • Search
  • US Edition
    • Intl. Edition
  • newsletter
  • FinTech
  • BankingTech
  • PayTech
  • RegTech
  • WealthTech
  • LendTech
  • InsurTech
fintechfutures.com


Ulster Bank and KPMG launch start-up hub in Northern Ireland

  • Written by Antony Peyton
  • 7th March 2016
Northern Ireland finance minister Mervyn Storey

Northern Ireland finance minister Mervyn Storey

Ulster Bank and KPMG have launched the “world’s largest free business accelerator” for entrepreneurs – Entrepreneurial Spark – in Belfast in Northern Ireland.

The new hub, or “Hatchery”, can host up to 80 businesses and early stage entrepreneurs. Also involved in the launch were Royal Bank of Scotland (RBS) and NatWest (all three are part of the RBS Group).

Opening the Belfast Hatchery, the Northern Ireland finance minister Mervyn Storey MLA (Member of the Legislative Assembly) says: “The fact that Belfast has been chosen is both a recognition and endorsement of the talent and entrepreneurial flair that exists in Northern Ireland and the potential there is to develop that further.”

Each intake of up to 80 start-ups will be based at the Hatchery for six months, with the “most promising” given the option to continue for another 12.

Businesses are provided with an “enabler” who encourages their acceleration, and also benefit from free office facilities, access to Ulster Bank’s networks and contacts, a start-up bootcamp, dedicated mentoring from KPMG, regular events, workshops and training.

It is not known how many of these start-ups in Northern Ireland will be involved in fintech. But Ulster Bank has joined a very large gang of banks around the world, who are doing similar things by demonstrating an interest in innovation.

The Belfast Hatchery is part of a network of hubs being created across the UK – 13 in total by 2017 – which will support around 7,000 entrepreneurs over the next five years.

Alison Rose, CEO of commercial and private banking at RBS, says: “Our stats show one in five people in Northern Ireland would like to start their own business. Across the UK, just over 10% of people are held back because there isn’t enough local support available, but that rate doubles in Northern Ireland.”

Click here to apply for Entrepreneurial Spark.

Tags: Banking, Financial Services/Finserv, Innovation, Start-up KPMG, NatWest, Ulster Bank News Worldwide

READ NEXT


  • Headset
    What are you not doing while you’re doing what you’re doing?
  • Bank of England and HM Treasury outline case for digital pound
  • Nokia
    Nokia aligns growth and financing strategy with ESG targets
  • The Bank of London
    The Bank of London bags $40m in Series C extension

Leave a comment Cancel reply

-or-

Log in with your FinTech Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Fintech Jobs


Related Content

  • How technology enables the next generation of banking inclusivity
  • Super intelligence as the future of financial services
  • ICYMI funding round-up: Upflow, TRM Labs, Booste, Crediverso & more
  • Video: fintech news pick of the week - JP Morgan acquires Nutmeg; investments for Clip and Ebanx

Top stories

The hottest news this week

Click here to read

Upcoming events

Banking Tech Awards USA 2023

Find out more

PayTech Awards 2023

Find out more

Banking Tech Awards 2023

Find out more

Webinars

Webinar: Digital lending 2.0 – fulfilling new customer expectations through technology

21st December 2022

Webinar: Achieving service excellence with Salesforce for retail banking – UMB Bank use case

21st December 2022

Webinar: From intuition to intelligence – fraud trends every risk leader must know for 2023

19th December 2022
view all

Fintech Jobs

White Papers

IDC report: New data sources and innovative AI redefining the business of lending

5th January 2023

Guide: Life in 3D – using alternative data to power credit risk decisioning

5th January 2023

eBook: Back to the future – 8 features of fast and future-proof BNPL technology

5th January 2023
view all

Magazine

Banking Technology Magazine February 2023 issue out now

7th February 2023
view all

Reports & Surveys

Survey & report: The race to ISO 20022

1st December 2022

Research: Tech blockers 2022 – cutting the costs of AML compliance

17th November 2022

Report: The state of payment operations 2022

8th November 2022
view all

Podcast

What the FinTech? | S.4 Episode 1 | Bankers like us

27th January 2023

The What the FinTech? podcast | Season three’s jailed buzzwords

20th December 2022

What the FinTech? | S.3 Episode 20 | 2022 in review

19th December 2022
view all

Videos

Video: Envestnet at Money20/20 USA – Harnessing data to improve financial wellness

25th January 2023

Get recognition at this year’s Banking Tech Awards USA

18th January 2023

Video: Infosys Finacle on the need for banks to be digital to the core

18th January 2023
view all

Content Hubs

One more thing – financial services, tech & human intersection

16th January 2023

FinovateEurope 2023 Content Hub

9th January 2023

Content Hub: Banking Tech Awards 2022 Winners

6th December 2022
view all

Media Packs

FinTech Futures Media Pack

Download

FinTech Futures Intelligence Media Pack

Download

Techwire

FinLocker Integrates With Total Expert To Power The Entire Homeownership Journey With Hyper-personalized Communications

8th February 2023

2023 Israeli Tech Online Database: Comprehensive, Accurate, Updated Data, Research and Insights on High-Tech, Startups, Private Equity and Venture Capital Firms

8th February 2023

Fierce Launches Out of Stealth With $10M Seed Funding to Empower Customers to Take Control of Their Finances

8th February 2023

Digital Banking User Growth Continued at Strong Pace in 2022

8th February 2023

Benjamin F. Edwards Partners with Pontera to Enhance Its Approach to Providing Tailored Wealth Management

8th February 2023

Bluefin Secures Agreement with Everi to Bring Added Cash Access Security to Casino Gaming Floor

8th February 2023

OKX Introduces ‘Shark Fin’ Product to Allow Users to Earn USDT Regardless of Market Movements

8th February 2023

United States 2023 Banking Predictions Report Featuring Bank of America, KeyBank, Capital One Financial, JPMorgan Chase, Citi, JPMorgan Chase, Goldman Sachs, & Wells Fargo

8th February 2023
view all

Twitter

FinTech_Futures

Just over 1 week left... The countdown has begun...there's just over one week left to enter the… twitter.com/i/web/status/1…

8th February 2023
FinTech_Futures

Have you listened to our latest episode of What the FinTech? #podcast? In this episode, we’re joined by… twitter.com/i/web/status/1…

8th February 2023
FinTech_Futures

.@nokia aligns growth and financing strategy with #ESG targets Finnish telecoms firm Nokia has launched its ‘Susta… twitter.com/i/web/status/1…

8th February 2023
FinTech_Futures

.@thebankoflondon bags $40m in Series C extension The funding round was co-led by Mangrove Capital Partners and 14… twitter.com/i/web/status/1…

8th February 2023
FinTech_Futures

#Canada’s Jobber secures $100m in Series D funding round Jobber, an operations management software provider for ho… twitter.com/i/web/status/1…

8th February 2023
FinTech_Futures

Have you downloaded the February issue of #Banking Technology Magazine? > A round up of top new stories of the mon… twitter.com/i/web/status/1…

8th February 2023
FinTech_Futures

Inter&Co acquires real estate investment start-up YellowFi Inter&Co provides financial and digital commerce servic… twitter.com/i/web/status/1…

8th February 2023
FinTech_Futures

Arab Bank Switzerland taps @investglass for digital onboarding solution The bank says the new solution will allow… twitter.com/i/web/status/1…

8th February 2023

Nominations now open for PayTech Awards 2023

Deadline: 17 March 2023

Latest episode of What the FinTech? podcast out now

Listen now!

Sign up for the FinTech Futures newsletter

Receive updates straight to your inbox each day - free!

Now accepting nominations for the 2023 Banking Tech Awards USA

Deadline: 17 February 2023

Fintech Futures
  • About us
  • Advertise with us
  • Contact us
  • Fintech jobs
  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookies Policy
  • Terms
Copyright © 2023 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.