RSM has partnered with Enterprise City to become its audit, tax and consulting partner, and will deliver business advice, seminars and panels to members of the Exchange business support programme for early stage tech companies.
RSM a leading audit, tax and consulting firm, will be at Exchange, daily, from Summer 2020, when the first cohort of businesses will begin the 6 to 12 months scheme to handle queries. The programme will be based in state-of-the-art new workspace at the Bonded Warehouse in Enterprise City.
RSM will also run its own, sector specific seminars for the Exchange cohort to support them in running sound businesses and will provide expertise on areas such as fundraising, tax credits, HR services and international expansion.
Exchange’s 23 successful digital, tech and media businesses will gain access to proactive solutions for compliance and business advisory requirements and will also work together to find new, innovative ways of becoming financially compliant, sharing new business skills in the process.
Nick Wyatt, director and North West head of media and technology at RSM, said: “We have a long and proud history of supporting businesses to grow and expand in the media and technology space. We are excited to support the Exchange programme at Enterprise City and help build and develop the existing base of entrepreneurial skills. With our in-depth industry expertise, tailored to individual and specific needs, we will be able to help them excel and grow.
“We understand the challenges faced by growing media and technology businesses. Enterprise City is a fantastic initiative and workspace which encourages collaboration and and we are committed to working with companies throughout their growth cycle.
RSM has already advised over 1,850 clients across the media and tech sectors and has contributed over £32m to its UK fee income of approximately £310m this year.
Tanya Grady, head of partnerships at Enterprise City, said: “Joining forces with RSM is a great way that we can offer more support to the entrepreneurs and businesses on the Exchange programme, giving them the support needed to establish themselves as thriving tech businesses. Our scale-ups will have a unique opportunity to gain advice and direction from one of the most experienced leaders in the industry. Partnering with RSM is an exciting move and we are looking forward to seeing the benefit it has to the first and future Exchange cohorts.”
“Building on Manchester’s status as Europe’s fastest-growing major tech city, RSM will help to up-skill Exchange members, and further their business success in the years ahead.”
What is Exchange?
Exchange is a programme created to support and empower the UK’s next best digital and tech start-ups. It provides access to the right tools, digital infrastructure, professional support and voices of experience can make the difference between success or failure in businesses’ critical early months, and Exchange aims to make that difference. By granting ambitious early-stage tech companies and entrepreneurs’ access to the tools and expertise they need to learn and develop, Exchange hopes to pave the future of tech and digital in the UK.
How will it be delivered?
The scheme is situated in Bonded Warehouse, part of Enterprise City. In order to qualify for the scheme, businesses must meet at least one of the following criteria: the business has been trading for 1 – 3 years, it is headquartered in the UK, it is a digital tech business with a product or service to sell, has at least one active client or pilot in progress, or has ambitions of growing and scaling. Successful applications will receive subsidised workspace at Bonded Warehouse throughout the length of the programme, and be supported through the wider Enterprise City district once they become alumni.
Enterprise City is set in the heart of Manchester, and developed by Allied London, an award-winning property development and investment company, Exchange intends to create a collaborative community of like-minded, forward-thinking entrepreneurs and global organisations.
For more information about Exchange and to find out how businesses can join its latest cohort of tech entrepreneurs and global organisations, visit www.enterprisecityuk.com/exchange.