Blick Rothenberg LLP has launched a Tech Business Programme. This is a 12 month programme, worth over £100,000, offered to 10 selected tech companies.
The chosen companies will receive a tailored one-to-one financial mentoring programme, as well as tax and accounting support from Blick Rothenberg, who were the first accountancy firm to get involved in London’s Tech City.
Nilesh Shah, senior tax partner, said: “Young tech companies often fall at the first hurdle, not because the technology they have developed is poor but simply because they have not put in place the right financial infrastructure nor have the right mentor as the business is growing.”
He added: “Our role in this project is to provide advice and guidance around finance and tax but also use our considerable experience of dealing with tech companies to mentor founders on the disciplines of running and growing a business.”
The first company to be accepted to the programme is Sup; a free hyperlocal mobile app that allows users to connect with friends if they are nearby. The app launched in September having received $1.1 million in seed funding.
The next is Apperio which is an online platform that enables businesses to track their legal spend in real time, as well as managing law firm relationships and tender legal work. The platform has been featured as the FT’s Innovation to Watch.
Additionally, there is RoomFlick – an app that uses social connections to match spare rooms with people.
The selected 10 companies participating in the Tech Business Programme will compete to win the Tech Business Awards - a competition being run in conjunction with the Investors Chronicle, Tech City News and Channel 4 News.
Applications are still being accepted for the programme and more information is available at http://www.techbusinessawards.com/