Moore Stephens launches 'Hatched' - a two year programme of support for tech start-ups

Hatched is our new two year programme designed to support technology start-ups throughout the rapid growth phase.

The two year programme is open to just 35 early stage technology companies and offers a unique blend of accountancy and tax services, combined with a structured programme of business support – delivered through a series of strategy workshops, finance and legal masterclasses and networking events – all aimed at alleviating the common barriers to growth that face early stage businesses.

Mark Ayres, Partner and Head of Technology comments: “The demise of Government-backed initiatives such as GrowthAccelerator and the Business Growth Service meant that tech start-ups have been left short of affordable advice and expertise – that’s where Hatched comes in.

“We’ve had an increase in demand from clients looking for an integrated accounting, tax and business support service that provides a solution for their scale-up needs – and Hatched has been designed to provide this.

“Hatched will give early stage tech businesses the tools they need to attract and retain customers, secure investment and take care of the compliance and legal issues that might be holding them back from spending time on what they do best – growing their business.

“Whilst incubators and accelerators play a vital role within the tech ecosystem, Hatched aims to provide a further, complimentary layer of support – enabling early stage companies to continue to access vital financial and strategic support, establish key connections to customers and build the foundations required to ensure growth for many years to come.”

To be eligible for Hatched, your business must be a UK-based digital, software or technology company that has been trading for under two years. Applications for the two year programme will be taken online and will close on 30 November 2017.

As part of the monthly fee, the Hatched programme provides a range of core services, including:

  • access and online support for Stream – Moore Stephens’ cloud-based finance and accounting solution;
  • exclusive access to strategy workshops, plus finance and legal masterclasses;
  • accounts preparation;
  • corporate tax return;
  • set-up or review of cloud accounting software;
  • bi-annual drop-in clinics with your Hatched adviser.

Throughout their growth journey, Hatched participants are also able to access bespoke (add-on) services, including:

  • SEIS/EIS applications;
  • R&D and grant applications;
  • employee share schemes;
  • raising debt or equity finance;
  • payroll and outsourced accounting services;
  • VAT services;
  • intellectual property (IP) management.

For full details, including the eligibility criteria, cost and application form, please visit the Hatched website here, or to find out more about how Hatched can support your business - please contact a member of our team via email here.
 

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Carrie Writer

Brilliant idea! Most tech start-ups lack programs like these to back them up during the inception and growth stages. The program will go a long way into eliminating growth hiccups.