Wayra Fair By Design set to tackle the poverty premium
by Startacus Admin
Wayra Fair By Design is a new acceleration programme that will tackle the poverty premium: where people in poverty pay more for many everyday goods and services – such as energy, insurance, borrowing, transport and food – than those who can more easily afford them.
The programme, which will be based in Wayra’s Open Future_ North facility in Oldham, will support up to seven startups a year.
Startups accepted to the programme will receive the equivalent of £70,000 in cash and business services, including working space at Open Future_ North and access to investors, mentors and coaches – and also potentially to a global audience through business development opportunities with Telefónica.
Through the new programme and accelerator, Wayra UK will support grassroots entrepreneurship in Greater Manchester and attract startup talent, investment and business mentors from outside of the region.
Wayra Fair by Design will be funded and supported by the Fair By Design Fund, a partnership between Big Society Capital, the Joseph Rowntree Foundation, Finance Birmingham and Ascension Ventures.
The fund has £8 million ready to deploy and is seeking to raise up to £20 million to invest into companies tackling the poverty premium, both within the accelerator and in separate investments across the UK.
Subtle, self promotion. Of course Wayra - if you fancy promoting this or any of your accelerator programmes via Startacus - this is some of the ways we work with accelerator programmes and we reckon we know a good few startups that might be just perfect for this opportunity. :)
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Whirli is an innovative toy subscription service providing you with access to a huge ever-changing toy box
.jpeg)
If, like many of us you're working from home at the moment, here are a few basic tips to help you do just that - in comfort
The award winning Lloyds Lab incubator is back and is currently seeking innovative startups to join its latest cohort, Cohort 6.
The f:Entrepreneur ‘#ialso100’ campaign that's showcasing the inspirational female entrepreneurs who are running small businesses and supporting their communities
Bankhouse Media, the leading full-service digital marketing agency expands its offering and sets up a Belfast base in Glandore
Leading event marketplace, Feast It secures major funding boost to assist with its expansion to full event planning and also further grow its virtual events offering
The London-based fintech innovator, PayDashboard, receives Innovate UK Funding to support its growth in the financial wellness space
Manna is an innovative Irish startup that's on a mission to use commercial drones and make 3-minute delivery within the community a reality
Reboxed is a Brixton-based sustainable commerce startup that's created a smarter, safer, more sustainable way to buy and sell your tech
.jpeg)
Planning a marketing campaign for your business for the year ahead? These tips will help you ensure that it's a success
Published on: 8th July 2017
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Innovative InsurTech startups take note - Lloyds Lab wants to hear from you 14th Jan 2021 The award winning Lloyds Lab incubator is back and is currently seeking innovative startups to join its latest cohort, Cohort 6.
- Female Entrepreneurs Powering Economy and Communities Celebrated 13th Jan 2021 The f:Entrepreneur ‘#ialso100’ campaign that's showcasing the inspirational female entrepreneurs who are running small businesses and supporting their communities
- PayDashboard secures funding boost for its innovative payslip platform 12th Jan 2021 The London-based fintech innovator, PayDashboard, receives Innovate UK Funding to support its growth in the financial wellness space
- The Wild Curl crowdfunds to fight against hair discrimination 21st Dec 2020 The Wild Curl launches crowdfunding campaign to help with its mission of disrupting the beauty industry and fighting against continuous hair discrimination
