Our mission is to support underrepresented entrepreneurs to imagine, launch and grow sustainable and impactful businesses through tailored support, community and partnerships. Since 2014, Hatch has supported more than 6,700 entrepreneurs on their journey to build sustainable, impactful businesses, bringing them together with the experience and skills of more than 1000 mentors and coaches in the process. Up until early 2020, the majority of the entrepreneurs we worked with were based in London and the South East. Having since taken our portfolio of support programmes online, increasingly we now work with entrepreneurs from right across the UK.
The majority of our founders identify as female or a marginalised gender (70%), with six in ten coming from ethnic minorities (60%). We’re proud to work with a large number of entrepreneurs who run a social enterprise or mission-driven business (70%), playing our part in improving London and the UK’s startup ecosystem by bringing together more founders from underrepresented backgrounds.
Have successfully completed our core programmes since 2014
The number of founders we’ve supported since Hatch started.
could be added to the UK economy if women in the UK were able to start and scale new businesses at the same rate as men*
We believe that achieving gender parity in business is essential for the continued success of our society. So we created our Female Founders programme designed specifically to support women with the tools they need to overcome the inequality currently endemic in business.
*Natwest, ‘The Alison Rose Review of Female Entrepreneurship’, 2019
Careful Feet Digital Agency
of businesses in the UK are social enterprises…
Yet 47% of social enterprises grew their turnover in 2018*
*Hidden Revolution: Social Enterprise in 2018
of small businesses are run by ethnic minorities… Yet diverse founders are 58% likelier to be engaged in product innovation*
We’re actively working to broaden entrepreneurship to ensure the business landscape is truly reflective of UK society as a whole and that it gives founders from diverse backgrounds the opportunity to start and grow a business. We want to highlight both the challenges and opportunities that come with supporting their businesses .
* FSB, Unlocking Opportunity, 2020
of SMEs, comprising over 30% of the UK’s economy, felt they haven’t had enough support from the government*
In direct response to Covid-19 pandemic we launched our 121 Skilled Volunteering programme which provides outreach and resources, runs events, and matches entrepreneurs with 1-2-1 expert advice. We help them solve key business challenges and provide them with the support they need to adapt their business models, increase their knowledge and confidence, maintain their staffing, and continue trading.
*Simply Business, ‘The impact of Covid-19 on UK small business’, 2021
With your support, we can help more impact businesses, women-led businesses and ethnic minority-led businesses deliver positive impact into the world. By partnering with Hatch, you can meet your CSR goals and engage your employees in volunteering with impactful businesses.
Head of Digital Market Management, Deutsche Bank