Since pivoting to delivering our support to founders online in early 2020, we’re increasingly supporting people from across the UK, having previously focussed on founders in London and the South East. Now more than one in four founders (27%) supported through our cohort programmes are based outside of London, from richly diverse communities across the UK, all the way from Bognor Regis to Edinburgh.
During the year, we also brought together the right people, partners, funders and infrastructure that allowed us to launch the Hatch Fund in 2022. Marking a major milestone for Hatch, the fund takes the form of grants and loans to Hatch graduates, meaning more founders are able to access early-stage, patient finance to improve their resilience, build their capacity and grow their impact.
We supported 230 UK founders through our cohort programme over the last financial year and we asked them about the areas of knowledge and expertise they felt had seen the biggest improvements before and after completing a Hatch programme. Among the biggest changes were:
The founder felt better able to manage their wellbeing, up 120%.
The founder felt they now had the skills and ability to lead their organisation effectively, up by 115%
Having the skills and knowledge to measure and communicate their organisation’s impact, an increase of 77%.
Hatch supported more than 500 founders through the community programme, which includes one on one consultations and mentoring, networking events, panel discussions, talks masterclasses and pitch practice days. This wraparound of support means regardless of a founder’s stage of business, founders can come to the community team for a broad range of support for both themselves and their businesses.
The number of founders we supported through our events
All of the community programme is free to access
The number of community events we ran for founders
In addition to offering opportunities for Hatch’s partner organisations like the YUM! Foundation, BlackRock, UBS, and NatWest to engage in skilled volunteering and come face to face with the founders we support, we also set up the Collective Leadership Group (CLG). Bringing together more than 45 UK social enterprise and leader support organisations including Acumen Academy, The School for Social Entrepreneurs and TERN, this is now an active community to openly share best practice, common challenges and act as a powerful unified voice when it comes to speaking out about issues that jointly affect UK founders and entrepreneurs.
The number of partners that worked with Hatch in 2021-22
The number of social enterprises and capacity building organisations that make up the Collective Leadership Group (CLG)
More than nine in ten founders who took part in our one-to-one skilled volunteering programme told us it had increased their skills, knowledge and confidence
Enterprise and Climate Engagement and Partnerships, Natwest
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