COVID-19 has levelled the playing field for regional startups seeking investment
London has always been, and probably always will be, the epicentre of the UK’s tech and innovation ecosystem. But research repeatedly shows that companies in the capital receive a disproportionate amount of the private investment that goes into UK startups, with high-calibre companies in the regions getting less than their fair share because of the London-centric nature of the investment community.
One fortuitous consequence of the pandemic and the ways in which it has changed our lives is that the shift to almost exclusively remote working has resulted in that balance being redressed to some extent.
This webinar, hosted by SFC Capital, will explore how investors’ ways of working have changed as a result of the pandemic, how early-stage startups in the regions can capitalise on the levelling of the playing field when it comes to securing investment, and what the wider ecosystem should be doing now to support those companies and ensure the changes for the better seen during the pandemic become the “new normal” rather than a flash in the pan.
Moderated by James Hurley, Enterprise Editor at The Times, our panel includes representatives from Tech Nation, the UK-wide network for entrepreneurs that helps founders scale their startups; British Business Bank, which has set up numerous schemes to help channel investment into startups in the regions; entrepreneur Rachel Smith, who has helped guide numerous companies and founded her latest startup in Wales; and finally SFC Capital, the UK’s most active seed investor with a portfolio spanning the entire UK, with 40 per cent of the companies it has backed being based in the regions.