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NatWest to move Cardiff accelerator hub

NatWest (Adobe Stock)

NatWest is bringing Welsh entrepreneurs closer to its team of business growth experts by moving its Entrepreneur Accelerator Hub into its Welsh headquarters.

The bank hopes the move will lead to it being able to support more entrepreneurs throughout Wales with more tailored support.

The switch to Cardiff’s One Kingsway building means that entrepreneurs will get the same access to sector experts and finance specialists that the bank’s other accelerator hubs enjoy throughout the UK. Unlike Cardiff, the majority of these hubs are based in NatWest offices giving entrepreneurs better opportunities to directly meet with key banking leads.

The move from the hub’s current home in One Centre Square is expected to take place in April next year. The new facility at One Kingsway will include designated workspaces, meeting pods and event spaces for participants on the programme.

Gordon Merrylees, Manging Director of Entrepreneurship at NatWest, said: “We know that businesses at our other hubs throughout the UK are benefiting massively in terms of growth opportunities and investment by being closer to our banking teams and the supply chains and industry figureheads they know. It was hugely important to us that we gave this same opportunity to Welsh entrepreneurs.

“One Central Square is a fantastic office space and we are delighted to have been part of its successful evolution in the city, but it was always our aspiration from the launch of the accelerator programme in Wales to eventually move the facility to our Welsh headquarters where we can better support entrepreneurs.

“This move demonstrates how important Wales is to NatWest and our work in entrepreneurism, and we’re now very excited at the prospect of providing even more opportunities to start-up and scale-up businesses across Wales.”