British Business Bank programme: Enterprise Capital Funds
Entrepreneur First was founded by Matt Clifford and Alice Bentinck to help top technical talent build world-class tech startups in London. It is the only seed investment programme in the world to accept candidates pre-team, pre-idea with individuals selected purely on the basis of their technical ability or domain expertise.
As well as funding from pre-seed through to Series A, the full-time programme provides individuals with mentoring and advice from the Entrepreneur First team and some of the world’s top entrepreneurs, as well as office space and legal and administrative support, so that each cohort has the best possible environment to meet potential co-founders and launch their startups.
The programme has so far helped 350 people to build over 100 companies who have been funded by some of the world’s leading venture investors, including Balderton Capital, Index Ventures; Notion Capital, Octopus Investments and Y Combinator.
Commenting on the Next Stage Fund, Matt Clifford, co-founder and CEO, Entrepreneur First said, “When we started Entrepreneur First, we broke the mould when it came to creating defensible technology startups. We’re proud to say that we are no ordinary fund: we build the companies we invest in. The new fund, supported by the British Business Bank’s Enterprise Capital Fund programme, will take this on a stage further helping us to continue recruiting world-class technologists at volume to turning them into world-class startups.”