We support underrepresented entrepreneurs to develop the knowledge, confidence, and skills needed to launch and grow a business. We do this through delivering workshops, events, and 1-2-1 volunteering support, connecting entrepreneurs in a vibrant supportive community, and building networks and partnerships with other organisations who share our vision.
Since 2014, Hatch has supported more than 6,000 entrepreneurs on their journey to build sustainable, impactful businesses, bringing them together with the experience and skills of more than 1000 mentors and coaches in the process. Up until early 2020, the majority of the entrepreneurs we worked with were based in London and the South East. Having since taken our portfolio of support programmes online, increasingly we now work with entrepreneurs from right across the UK.
The majority of our founders identify as women (70%), with six in ten coming from ethnic minorities (60%). We’re proud to work with a large number of entrepreneurs who run a social enterprise or mission-driven business (70% across all founders), playing our part in improving London and the UK’s startup ecosystem by bringing together more founders from underrepresented backgrounds.
We believe that achieving gender parity in business is essential for the continued success of our society. So we created our Female Founders programme designed specifically to support women with the tools they need to overcome the inequality currently endemic in business.
Being an impact business ourselves, we understand the challenges and opportunities that impact businesses (including social enterprises, CICs and charities) face, and we believe that we are well placed to offer experience-based support. We do this through our dedicated programmes that leverage our collective knowledge and expertise to the benefit of the impact ventures we support, without making them dependent on us.
We’re actively working to broaden entrepreneurship to ensure the business landscape is truly reflective of UK society as a whole and that it gives founders from diverse backgrounds the opportunity to start and grow a business. We want to highlight both the challenges and opportunities that come with supporting their businesses.
In direct response to Covid-19 pandemic we launched our 121 Skilled Volunteering programme which provides outreach and resources, runs events, and matches entrepreneurs with 1-2-1 expert advice. We help them solve key business challenges and provide them with the support they need to adapt their business models, increase their knowledge and confidence, maintain their staffing, and continue trading.
You can view our Impact reports here: https://hatchenterprise.org/our-impact/
At Hatch, we empower underrepresented entrepreneurs from across the UK to imagine, launch and grow sustainable and impactful businesses through tailored support, community and partnerships. We offer world-class support to entrepreneurs, mainly through our courses and workshops.
We’re not typical of the charity sector. As you would expect from a charity focused on entrepreneurship, we think and act like a business. Our programmes are run by entrepreneurs, for entrepreneurs.
We’re one of the fastest-growing enterprise support organisations. Since 2014, we’ve grown our revenue to over £1 million annually, something that takes the average social enterprise at least fifteen years. Over the last 12 months we have grown 60% allowing us to serve so many more founders through one of the most challenging times in recent history as we dealt with the pandemic, mass business closures and came face to face with inequity in our society highlighted by #BlackLivesMatter. Against this backdrop, we were able to not only double down on our mission to support those founders hardest hit by the pandemic, we were able to scale our services across the UK being previously only active in Greater London.