The Alacrity Foundation UK

The Alacrity Foundation UK

The Alacrity Foundation assists young engineering and business graduates in building technology companies. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues1.1m1.1m1.1m1.1m1.4m2.0m2.2m
% growth30 %3 %(2 %)(3 %)30 %43 %13 %
EBITDA<1m<1m(<1m)(<1m)<1m--
% EBITDA margin24 %14 %(1 %)(6 %)23 %--
Profit<1m<1m<1m<1m(<1m)<1m-
% profit margin26 %24 %14 %1 %(10 %)16 %-

Source: Dealroom estimates

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DateInvestorsAmountRound

£990k

Grant
Total FundingCAD1.8m

Recent News about The Alacrity Foundation UK

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More about The Alacrity Foundation UK
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The Alacrity Foundation is a registered charity which was set up by a collaboration between the Welsh Government, The Waterloo Foundation and Wesley Clover Corporation.

The Foundation provides budding entrepreneurs and tech enthusiasts with practical business training and mentorship, so they can develop as entrepreneurs and launch their own UK based demand-driven digital company.

Alacrity offers a 12 month paid programme which pairs like-minded individuals into start-up teams and matches them with demand driven opportunities which are sourced from strategic partners. The intent is for each team to create products and services which address nascent market needs and match significant customer demands.

We have over 90 of the most expert businessmen & women that act as mentors and pass on their knowledge & experience. When they are successful teams get the opportunity to own and run their business.

Our aim is to create the next generation of digital entrepreneurs based in Wales🏴󠁧󠁢󠁷󠁬󠁳󠁿

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Supported companies by The Alacrity Foundation UK

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