UK tech accelerator Wayra is extending its Intelligent Mobility Accelerator in Milton Keynes to support transport solutions and the Oldham-based Wayra Fair By Design programme to help boost businesses tackling poverty issues. The launches are part of Telefonica-backed Wayra’s move to expand regionally.
In June, Wayra announced the Wayra Fair By Design initiative to back start-ups aiming to tackle the poverty premium energy, finance, insurance and location-based costs. It is supported by Big Society Capital, the Joseph Rowntree Foundation, Finance Birmingham and Ascension
Ventures“Our support goes beyond just funding, we’re also giving them access to the scale and expertise of Telefonica, including access to coaches and mentors,” says Gary Stewart, UK director. “In return, we benefit from innovations that help boost the economy through profits, job creation and creating cost savings, as well as providing valuable data and insights.”