Maven announces launch of new accelerator programme for start-ups in North West

Maven Capital Partners (“Maven”) has launched a new accelerator programme, THE HUB by Maven (“THE HUB”). This initiative is designed to provide the resources, mentorship, business advisory services and other support needed to help start-ups and scaling businesses succeed both commercially and make a meaningful impact in their local communities.

The concept aims to foster innovation, creativity, and entrepreneurship, allowing the companies enrolled to partner with demonstrably successful business founders and owners who have a track record of building, scaling and exiting successful enterprises.

These entrepreneurs will provide mentorship, financial guidance, and practical advice to companies that are part of the programme, helping them navigate the challenges of starting and growing a business.

Run by Maven’s local investment team, THE HUB seeks to provide the widest possible range of vital resources for companies to access, utilise, and benefit from the programme, such as workspace, funding, legal advice, and networking opportunities.

By providing these resources, including mentorship, and human support, these start-ups and growing businesses are provided with the tools needed to thrive, while also creating wider opportunities and making a meaningful impact in their communities.

The inaugural event will take part on 16 May in Manchester with a calendar of future events to follow, bringing together experienced entrepreneurs and promising young businesses across the North West to help build thriving local economies.

Maven has invested over £150m in businesses across the Northwest since 2009, supporting hundreds of companies across key growth industries, including the manufacturing, life sciences, and technology sectors, and creating over 1,300 jobs in the region.

Named the North West’s most active investor, the business has a strong track record of providing both equity and debt finance to a wide range of companies in the region, including early stage SMEs seeking capital to expand, as well as later stage established businesses looking for finance to help them scale in size, services, and geographical reach.

Ewan MacKinnon, partner at Maven Capital Partners said: “We believe that local start-ups are the driving force behind a strong and resilient economy, and we’ve prioritised designing a programme that provides the right support to enable these businesses to succeed.

“A key advantages for a business working with Maven is access to different sources of capital as well as the in-house operational expertise of our team. We have backed hundreds of management teams, helping them achieve their growth ambitions, making us well-placed to understand both the challenges a business can face, and the commitment needed to make it a success.

“That means working collaboratively alongside the team to add value and contribute effectively to the development of corporate strategy, but also provide support in the face of the occasional challenges inevitably faced by a small business.”

By Mark Adair – Correspondent, Bdaily