At Colorintech, we work to support underrepresented people to get into tech and be successful in tech. One of the ways we do that is by supporting underrepresented tech founders by running an annual accelerator programme, but following four editions of this, we wanted to challenge ourselves to think about how we can evolve the model of founder support.
New businesses are launched seemingly every minute, and every business leader believes they have stumbled on the next big thing. However, the Association of Business Executives has stated that approximately 660,000 new companies are registered in the UK every year, of these, 20% will not make it past their first year, rising to almost 60% within three years.
Walt Disney’s first animation company went bankrupt before he created his entertainment empire. August Horch was ousted from his company before going on to pioneer what would eventually become Audi. Bill Gates’ traffic data measuring company failed when many states began offering this service for free
AeroCloud Systems (AeroCloud), the 100% cloud native software platform dedicated to the support of airports, has won a contract to provide the Flight Information Display Systems (FIDS) and gate management systems (GMS) for the largest international airport in The Bahamas and the 4th largest airport in the Caribbean.
Constructive Bio announces its launch as a new UK-based biotechnology company following the completion of a $15m seed round and an exclusive license from the Medical Research Council (MRC), to IP developed by Professor Jason Chin’s Laboratory (Chin Lab) at the MRC Laboratory of Molecular Biology (MRC-LMB).














