The Ufi Ventures Challenge Fund is designed to support early-stage businesses that are developing and deploying vocational technology to support people with essential skills for work. The funding is in the form of investment capital for businesses that have scalable tech solutions that will have a significant impact on helping adults to acquire workplace skills.
Ufi Ventures provides initial investments of £250,000 with the potential to provide follow-on funding of £1m. Note that this is not grant funding and Ufi Ventures will seek a return on the investment.
Applications can be made by early-stage companies that are developing innovative, scalable, tech-based solutions in the following areas:
- green economy skills development
- digital transformation & Industry 4.0
- reskilling and upskilling in traditional industries
- inclusive skills development
- future of work and lifelong learning
Focus of fund/fund aims:
Investment for innovative tech companies with solutions that address critical skills gaps
Application deadline:
Apply at any time
Fund description:
https://ufi.co.uk/latest/launching-the-ufi-ventures-challenge-fund/