NatWest joins forces with RocketSpace UK to open a new technology campus
Housed in NatWest’s Regents House in London, the campus is the first of its kind in the capital and RocketSpace's only international location.
07 June 2017
RocketSpace has chosen the UK as its first presence outside the US with a new campus that will be home to around 1,500 high-tech, high-growth companies. As they scale up their business, the tech companies will benefit not only from office space and a collaborative environment, but also global access to RocketSpace's unique community and services.
Chief Executive Ross McEwan joined RocketSpace Founder and CEO Duncan Logan at the official opening at Regents House this week, where the campus occupies the building's basement, reception area and two upper floors. During a panel discussion, they explored the challenges facing scale-up businesses, wider trends in the tech industry and the relationship between corporate partners and these growing businesses.
RocketSpace has worked with more than 1,000 tech scale-ups since it was founded in 2011, including some of the most recognisable names in technology such as Uber, Spotify and Blippa.
NatWest's partnership with Rocketspace further strengthens the bank’s support to the technology sector, an important growth area for the UK. Over the past three years, the bank has been helping new businesses, including many tech start-ups, through the Entrepreneurial Spark powered by NatWest programme, which has supported a total of 1,736 companies, raised £151m of investment and created 3,152 jobs.
Nearly 300 local small business owners and entrepreneurs convened on Stadium MK for the latest of NatWest’s large-scale regional Boost Your Business events.
RBS has today committed to helping 2.5 million people in the UK each year to improve their financial capability.
RBS has executed a £1.1bn securitisation deal with Macquarie Infrastructure Debt Investment Solutions (MIDIS), which will allow the bank to recycle capital and increase lending to the sustainable or renewable energy sectors.
RBS has today announced a new £1 billion in funding through NatWest to support female entrepreneurs in the UK to scale and grow – the largest intervention by a UK lender focused specifically on female-led businesses.