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21 January 2015

Capita sponsors largest UK tech incubator

Capita has entered into a new partnership with CodeBase, the UK’s largest tech incubator, which will lead to the creation of new startup businesses and jobs in the Scottish capital.

Opened in early 2014, CodeBase is already an iconic presence in the centre of Scotland’s capital and is home to more than 50 startups that have created 300 jobs. It is Europe’s fastest-growing tech incubator, with a mission to build and grow the next great tech companies and superstars.

The partnership with Capita, running from January 2015, provides CodeBase with the funding to accommodate and support at least 10 new startups and create more than 100 new jobs at Argyle House in Edinburgh. CodeBase recently announced plans to expand across Scotland, in Glasgow and Aberdeen, during 2015.

Andy Parker, Capita chief executive, said: “CodeBase has succeeded in creating a superb grouping of innovative technology startups and we’re proud to be able to support its further expansion. In addition to funding, Capita will provide business support and much-needed market access for these businesses. 

“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. This new partnership provides the opportunity to maximise the contribution that smart, digital SMEs can make to our business.”

Both Capita and Codebase believe that Edinburgh and wider Scotland have the potential to stand alongside other global leaders in software development and digital transformation. 

Jamie Coleman, CEO and founder of CodeBase, said: “The partnership with Capita allows us to accelerate development at Argyle House as we continue to build a tech powerhouse in Edinburgh. 

“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 startups strive to scale worldwide.”

The partnership 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.

Jamie Coleman

CEO and founder, CodeBase

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