Common Path launches to connect low-income graduates with UK startups
Today marks the public launch of Common Path, a programme created to get graduate talent from low-income backgrounds into startups, and to challenge an industry that prides itself on meritocracy to pr... Common Path launches with backing from VCs and charities to help graduates from low-income backgrounds secure startup roles. VC Fund Common Path launches to connect low-income graduates with UK startups Common Path launches with backing from VCs and charities to help graduates from low-income backgrounds secure startup roles.
Key Takeaways
- Cate Lawrence 2 hours ago Share Share Send email Copy link Today marks the public launch of Common Path , a programme created to get graduate talent from low-income backgrounds into startups, and to challenge an industry that prides itself on meritocracy to prove it.
Graduates and employers alike can register interest in being involved at common.
- When it comes to the people hiring this talent, only 18 per cent of startup founders come from working-class backgrounds, compared with 45 per cent of the UK population.
Private school startup founders are approximately 500 per cent overrepresented compared to the wider population.
- The programme is built on the belief that talent is everywhere, but opportunities are not.
Applicants will be selected not on where they went to school or who they know, but on demonstrable drive, resilience, self-awareness and mental agility.
- Common Path is about proving that the talent, instinct and drive it takes to thrive in a startup are spread evenly across the country, even when the opportunities aren't.
- What would you like us to deliver to you?
Stats & Key Facts
- #Each cohort of 15-20 will undertake four intensive week-long sprints, covering the realities of early-stage company building, from product and growth to operations and culture.
Common Path launches with backing from VCs and charities to help graduates from low-income backgrounds secure startup roles. VC Fund Common Path launches to connect low-income graduates with UK startups Common Path launches with backing from VCs and charities to help graduates from low-income backgrounds secure startup roles. Cate Lawrence 2 hours ago Share Share Send email Copy link Today marks the public launch of Common Path , a programme created to get graduate talent from low-income backgrounds into startups, and to challenge an industry that prides itself on meritocracy to prove it.
Graduates and employers alike can register interest in being involved at common. Common Path is backed by a coalition of the UK's most influential names in social mobility and venture capital: the Sutton Trust, The Hg Foundation, Atomico, Phoenix Court, as well as support from upReach. For all the talk of disruption, UK tech has a social mobility problem.
Just 9 per cent of the country's tech workforce comes from a low-income background. In financial services, the figure is 29 per cent, and in law, it is 26 per cent. When it comes to the people hiring this talent, only 18 per cent of startup founders come from working-class backgrounds, compared with 45 per cent of the UK population.
For more details please read the original article at Tech.eu.
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