Sponsorship will boost growth
Capita to help incubator Codebase create more tech pioneers
Opened in early 2014, CodeBase is already Europe’s fastest growing incubator and is home to more than 50 startups that have created 300 jobs.
The partnership with Capita provides CodeBase with the funding to accommodate and support at least 10 new startups and create more than 100 jobs. CodeBase recently announced plans to expand in Glasgow and Aberdeen this year.
Andy Parker, Capita chief executive, said: “CodeBase has succeeded in creating a superb grouping of innovative technology startups and we’re proud to be able to support its further expansion. In addition to funding, Capita will provide business support and much-needed market access for these businesses.
“Currently around 20% of our external spend is with SMEs – they bring us innovation and we help them strengthen and grow. As we improve our services across all of our key sectors, we continue to look for the highest standards of technology innovation and creativity. This new partnership provides the opportunity to maximise the contribution that smart, digital SMEs can make to our business.”
Both Capita and Codebase believe that Edinburgh and wider Scotland have the potential to stand alongside other global leaders in software development and digital transformation.
Jamie Coleman, chief executive and founder of CodeBase, said: “The partnership with Capita allows us to accelerate development at Argyle House as we continue to build a tech powerhouse in Edinburgh.
“Importantly, the partnership also brings the expertise of an international B2B group with world class know-how on enterprise software and access to Capita’s global networks for the companies housed at CodeBase – and already we are seeing support and collaboration as our startups strive to scale worldwide.”