WIREDGOV

The government is to launch a series of events to support Challenger Businesses, starting from the end of October 2013.

The government is launching a programme to support UK Challenger Businesses. Challenger Businesses are the ground-breaking, dynamic businesses with new technologies, innovative products and vigorous business models. The government believes they will play an important role in securing UK competitiveness, improving consumer standards and choice, and supporting economic growth.

The Challenger Businesses Programme aims to identify and respond to the needs of these businesses and help them to enter and grow in their target markets. The Programme will focus on a wide range of topics over the next 6 to 12 months, starting with financial technology. We will announce further sectors shortly.

In the financial technology sector, government is working with New Finance Org (NFO) to gather views and ideas in a workshop hosted by NFO and attended by members of the financial technology (FinTech) community. Send your suggestions on this topic to challengerbusinesses@bis.gov.uk.