"NatWest has announced plans to dramatically expand its Accelerator community, with an ambition to support 50,000 entrepreneurs across the UK in 2026 - a five-fold increase on the target it set for 2025. The move follows a standout year for the programme, during which the bank supported around 12,000 founders. That figure exceeds the total number of entrepreneurs the Accelerator had backed over the previous decade combined, highlighting the rapid acceleration in both scale and impact."
"Data released by the bank shows the impact of the programme on participating businesses. Companies that completed the Accelerator grew their turnover by an average of 104 per cent year-on-year, compared with 20 per cent growth among a control group. In addition, nine out of ten Accelerator businesses were still trading three years later, compared with fewer than half in the control group."
NatWest plans to expand its Accelerator community to support 50,000 entrepreneurs across the UK by 2026, a five-fold increase on its 2025 target. The bank supported around 12,000 founders in the most recent year, exceeding the total backed over the previous decade. The expansion sits within a five-point Growing Together plan focused on regional economies, mid-market businesses, infrastructure and housing, financial confidence, and innovation. NatWest aims to use its regional footprint, expertise and convening power to remove structural barriers. The Accelerator provides peer networks, local cohorts, mentors, investors and specialist support to help early-stage and high-growth businesses scale and build resilience.
Read at Business Matters
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