Law firm Addleshaw Goddard launches £500,000 mentoring programme for UK fintechs
Addleshaw Goddard lends a helping hand to fintechs
Law firm Addleshaw Goddard (AG) is launching the AG Elevate programme – worth up to £500,000 – to support the UK fintech firms. The application process will open on 17th November 2016 – more established firms as well as start-ups are welcome to take part, AG says.
The support will be provided over a 12-month period and will comprise a package of free legal advice and a mentoring programme. “Mentors will be drawn from AG’s most experienced fintech lawyers,” the law firm states.
16 fintech companies will be selected.
Fiona Ghosh, head of AG’s fintech group, states: “We don’t just want to jump on the fintech bandwagon and entice firms with a bit of free legal advice. We want to be at the heart of helping firms we work with to be a success.
“Fintechs often come to market quickly and need nimble advisors that they can work collaboratively with, who are responsive, as well as people they can talk to, who can offer guidance and support, rather than just providers of hard edged legal advice.”
AG Elevate is suitable for “early stage” start-us with less than £1 million of investment, and companies with Series A funding of more than £1 million.
