Capita has signed a partnership with CodeBase, a Scottish technology incubator that aims at growing the next generation of tech companies. As part of the partnership, the consulting firm provides funding, as well as business support and market access.
CodeBase opened in 2014 and is the newest and largest technology incubator in Scotland. It has been set up to drive investment into tech start-ups and to improve digital skills for business in order to build and grow the next great tech companies. CodeBase is based in Argyle House in Edinburgh and currently houses more than 50 start-ups that have created 300 jobs.
The partnership that started early January involves funding from Capita that will allow CodeBase to accommodate and support at least 10 new start-ups and create more than 100 new jobs. In addition, Capita will provide business support and market access for the start-ups. “Importantly, the partnership also brings the expertise of an international B2B group with world class know-how on enterprise software and access to Capita’s global networks for the companies housed at CodeBase - and already we are seeing support and collaboration as our start-ups strive to scale worldwide,” explains Jamie Coleman, CEO and founder of CodeBase.
For Capita, the partnership provides the opportunity to maximise the contribution that digital SMEs can make to the firm. “Currently around 20% of our external spend is with SMEs - they bring us innovation and we help them strengthen and grow. As we improve our services across all of our key sectors, we continue to look for the highest standards of technology innovation and creativity,” says Andy Parker, Chief Executive at Capita.