PwC supports scale-ups in the education and employment space

Jun 13, 2018

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  • Scale | Impact launches in partnership with Impact Hub Kings Cross

  • The programme will support purpose-driven scale-ups in areas ranging from tutoring services for children in care, helping mums get back into work and developing the skills of young people

  • Aligning to the UN Sustainable Development Goals #4 and #8, this programme focuses on supporting purpose-driven ventures in the education and employment sector though increased commercial opportunities, mentoring and business support

  • Previous participants in PwC’s Scale programmes have raised over £295 million in equity with companies now valued collectively at over $1bn

PwC and Impact Hub Kings Cross are launching the Scale | Impact programme for purpose-driven scale-ups that are looking to increase education and employment outcomes. The programme is part of a series of PwC Scale programmes, which connect fast growth ventures with experts from across the public and private sector to help them accelerate their growth potential. The cohort will have access to the Impact Hub and PwC’s extended community of experts and professional support.

The Impact Hub King’s Cross is a collaborative workspace, filled with inspiring entrepreneurs, innovators, and teams working on creating positive social and environmental change. Its expert team has delivered effective interventions from initiation to scale for 10 years, including bringing together multiple stakeholders from the public, private and social sectors. Through our partnership with Impact Hub King’s Cross as well as PwC’s Social Entrepreneurs’ Club, we aim to extend our level of support for purpose-driven organisations that are ready to scale their businesses and their societal impact.

The 12-week programme has identified 9 of the best UK scale-ups and will focus on signposting commercial opportunities, building robust business foundations and accelerating growth.

David Adair, head of community affairs at PwC, commented:

“We recognise the crucial role start-ups can play in helping the employment and education sectors to tackle the skills gap. Schools, universities, government and businesses working together will be key to improving the availability of skills and scale-ups can help make this happen.

“With our network and specialist skills, PwC is ideally placed to make these introductions and help break down the barriers that can prevent collaboration even getting off the ground - whether that’s the inexperience of startups or the complexity of the education and employment space.”

Richard Evans, chairman of Impact Hub King's Cross:

"Over the last ten years, Impact Hub Kings Cross has come to believe that scaling proven entrepreneurial solutions is one of the best ways to achieve social impact at scale. We are therefore delighted to be teaming up   with PwC to deliver the Scale I Impact programme, and excited to see the quality and potential of the participating enterprises and the talented teams behind them. We are hopeful that these businesses can make a meaningful contribution to both the quality and accessibility of UK education provision in the next few years.”

Previous participants in PwC’s scale-up programmes collectively raised £295 million in equity on joining and have since been valued at $1bn, demonstrating rapid progression and quality. As well as investment, the cohorts received 1700 introductions to over 800 relevant executive stakeholders driving commercial opportunities for both parties.

The Scale | Impact cohort of businesses are:

Simply Do Ideas creates cloud-based innovation ecosystems unlocking entrepreneurial behaviours of individuals, organisations and communities.

EduKit helps schools, youth organisations and corporates to improve educational opportunities through better use of academic and behavioural data.

Synap is an intelligent online training platform that breaks down training into easily digestible, engaging 5 minute chunks people can practice anytime, anywhere.

Equal Education are a specialist tutoring service for children in care. They work with schools and virtual schools to narrow the attainment gap between children in care and those who aren’t.

Debut, the UK's leading early careers app, is revolutionising the way employers reach students and graduates by using millions of data points and real-time engagement to deliver high-quality candidates in a matter of minutes.

The EBP is an award-winning social enterprise, supporting young people across the country to develop the skills they need to be the best they can be!

Mindful Education create award-winning professional courses & apprenticeships. In partnership with colleges around the UK, their content and technology helps allow students to choose how, when and where they want to study.

Economic Change are a social enterprise who provide Salesforce consultancy and train and place mums into permanent and contract Salesforce job opportunities.

Learnerbly is a workplace learning platform powered by experts. They connect employees to the best classes, conferences, coaches and content tailored to them to future-proof careers.

Applications to PwC Scale programmes are open here. For more information, please contact Tanya Mathew on 07747091228 or via email, tanya.mathew@pwc.com.

Ends.

Notes to editors.

About Impact Hub King’s Cross

Impact Hub King’s Cross is a collaborative workspace, filled with inspiring entrepreneurs, innovators, and teams working on creating positive social and environmental change. Our expert team has delivered effective interventions from initiation to scale for 10 years, including bringing together multiple stakeholders from the public, private and social sectors.

As part of a global network of over 100 Impact Hubs, we are well positioned to multiply the social impact and scale the operations of the businesses we work with.

https://kingscross.impacthub.net/

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more than 223,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. © 2018 PwC. All rights reserved

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