Backed by shareholders, including former Tesco chief executive Sir Terry Leahy, Liverpool-based ‘co-foundery’ Nova is at the cutting edge of tech growth.
The concept behind the operation is simple and effective: Nova partners with fledgling entrepreneurs to launch scaleable tech businesses, providing vital mentorship, guidance and funding. Their startup programme supports these founders from their inception. Nova likes to get involved at the early, formative stages of businesses, often when founders have little more than an idea. By providing mentorship, support and a process that helps avoid the many pitfalls of starting a startup, Nova says its start-ups are more successful than the industry average with more than half still flourishing after three years.
Nova continues to support founders alongside their existing commitments with investment and Nova’s team of over 100 startup builders that they employ to take founders from idea, to product, to market.
They say they are fundamentally changing the way that tech startups are built and grown. They believe that their co-foundery approach provides a better way for founders to start and grow their startup and in return, a better opportunity for investment.