A new set of Accelerator programmes is being launched by Barclays to support entrepreneurs that focus on solving social and environmental problems.
Barclays has joined forces with Unreasonable Group, a leading platform for entrepreneurs solving global challenges with highly-scalable models, to launch a new partnership called Unreasonable Impact.
It is the first international network of Accelerators that are each focused on scaling up entrepreneurial solutions to pressing societal and environmental problems that have the potential to employ thousands of people worldwide.
Each company taking part in the programmes will be positioned to create at least 500 jobs in the next five years. The first programme focusing on ventures in the UK and Ireland has been launched and will run until early October, with additional programmes launching in the US later this year and in Asia in early 2017.
The 11 UK companies selected to participate focus on a diverse range of global challenges, including food production, remote healthcare support, deforestation, water shortage, wastewater treatment, and sustainable recycling.
The entrepreneurs will receive focused and bespoke support, advice, and guidance from business experts, serial entrepreneurs, and key funders to help them scale their ventures and create the much needed jobs of tomorrow.