2021 Impact Report | 2020 Impact Report

Since 2014, Hatch has supported more than 6,700 founders from across the UK through our community events, mentoring and support programmes. Of that number, more than 1,070 founders were supported through our longer term Hackathon, Launchpad, Incubator and Accelerator cohort programmes alone.

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.

Over the course of 2021-22, we supported 744 founders through our cohort and community programmes, with:

80%

Eight in 10 founders on our cohort programmes being women or from a marginalised gender.

71%

More than two thirds on our cohort programmes from an ethnic minority background.

120+

More than 120 founders receiving tailored advice through peer mentoring and one on one skilled volunteering.

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.

Going through the vision, mission and purpose task prompted me to think through and change what it was I actually wanted to do as a business. There was a really broad group of founders in my cohort, some had very clear ideas and had started their businesses, whilst others hadn’t fully fleshed it out, which made me feel okay that I wasn’t fully there yet and there were others in the same situation.

I just loved the community feel of the programme, the learning and being able to share best practice with peers who were also on the same programme. I genuinely feel that what I've learnt on the Accelerator has been invaluable to me and my business which will now be able to continue to grow and flourish..

The Hatch programme has been incredible from both a personal development and organisational development perspective. I have been really impressed with how the Hatch team quickly adapted the programme for a virtual environment and the strength and diversity of experts and speakers at each session.

I have become more confident and have used the tools that Hatch has provided me with to develop a stronger business model which has enabled me to develop a much stronger brand message. Through the expert sessions, I have been able to set up a much stronger support network.

How our cohort programmes make a difference to UK founders

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:

120%

The founder felt better able to manage their wellbeing, up 120%.

115%

The founder felt they now had the skills and ability to lead their organisation effectively, up by 115%

77%

Having the skills and knowledge to measure and communicate their organisation’s impact, an increase of 77%.

I walked in with an idea and left with a deck about what my business is, who my audience is, how it makes money. I still look at it in awe.

Amarie Cassidy

Volleyball

How our community programme makes a difference to UK founders

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.

340

The number of founders we supported through our events

100%

All of the community programme is free to access

30

The number of community events we ran for founders

What ultimately attracted me to Hatch was its willingness to work with founders at the earliest stage in their journey.

Timi Merriman-Johnson

Mr Moneyjar

Our work in the entrepreneurial ecosystem

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.

20+

The number of partners that worked with Hatch in 2021-22

45+

The number of social enterprises and capacity building organisations that make up the Collective Leadership Group (CLG)

94%

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

Volunteering is not only a way for our colleagues to try to use their experience and skills to benefit others, but it is also a way to learn about the barriers and challenges facing different communities.

Nick Howe

Enterprise and Climate Engagement and Partnerships, Natwest

Partner with us

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.

Sponsor a Hatch Programme
Get your employees involved
Become a Hackathon Partner
Deliver an expert workshop

I sometimes wonder who has learned more from whom, my mentee from me or me from my mentee. She is an inspiration to me.

Claudia Coppenolle

Head of Digital Market Management, Deutsche Bank

What difference are we making to underrepresented founders in the UK?

Since 2014, Hatch has supported more than 6,700 founders from across the UK through our community events, mentoring and support programmes. Of that number, more than 1,070 founders were supported through our longer term Hackathon, Launchpad, Incubator and Accelerator cohort programmes alone.

Over the course of 2021-22, we supported 744 founders through our cohort and community programmes, with:

80%

71%

120+

How our cohort programmes make a difference to UK founders

120%

115%

77%

I walked in with an idea and left with a deck about what my business is, who my audience is, how it makes money. I still look at it in awe.

How our community programme makes a difference to UK founders

340

100%

30

What ultimately attracted me to Hatch was its willingness to work with founders at the earliest stage in their journey.

Our work in the entrepreneurial ecosystem

20+

45+

94%

Volunteering is not only a way for our colleagues to try to use their experience and skills to benefit others, but it is also a way to learn about the barriers and challenges facing different communities.

Partner with us

Sponsor a Hatch Programme

Get your employees involved

Become a Hackathon Partner

Deliver an expert workshop

I sometimes wonder who has learned more from whom, my mentee from me or me from my mentee. She is an inspiration to me.

I want to grow my idea/business

I want to get involved

I want to learn more