UK start-up accelerator Buildily powers up for good causes
UK-based start-up accelerator Buildily has launched with plans to build a company that helps new firms – and fight hunger and poverty through entrepreneurship.
The company is the creation of Elemi Atigolo, who worked as a partner at the UK private wealth management firm, St. James’s Place.
Atigolo says that through all his years advising entrepreneurs and businesses, he saw first-hand the impact that large businesses and their founders had on economies around the world.
He says: “Small businesses are the ‘lifeblood’ of our economy, so the more help they get the better our future will be.”
The idea of Buildily is to provide tools that help entrepreneurs move forward.
For example, its equity-free, eight-week global programme is designed to fit around people’s existing commitments or full-time job.
Within this programme, Buildily says participants can learn how to start a business and be given access to the tools to do that.
Some of its partners include Google Cloud, Amazon, HubSpot, AXA, Seedrs and iZettle.
Buildily also offers start-ups access to 17,000+ benefits from its partners; and a free website, emails and domain for 12 months.
Atigolo’s mission to end hunger and poverty through entrepreneurship are not idle words.
The company has also partnered with Lendwithcare, a micro-lending website. The latter offers loans to small-business owners that are used to buy things like produce, materials and equipment to start and grow their businesses.
According to Buildily, it will donate 10% of its programme and membership fees for every entrepreneur that has been accelerated through their platform.
The plan is for every new start-up to become a part of a “great philanthropic effort”.
Atigolo adds: “Allowing everyone to have the opportunity to support themselves and their community creates a ripple effect.”