WAPG aims to create highly practical advantages to science start-ups

27 January 2022 | Thursday | News

WAPG announces new partnerships with leading firms to secure free tax and legal advisory services for early-stage life sciences and healthcare companies
Image Source : Public Domain

Image Source : Public Domain

Today, We are Pioneer Group (WAPG) launches new nationwide partnerships with Leyton, the UK's largest innovation funding consultancy, and leading UK law firm, Mills & Reeve. As a result of the innovative partnership, start-up ventures taking part in the WAPG business accelerator programme will gain free expert tax and legal advisory services.

Free credits will be offered to every cohort participating in WAPG start-up programmes, including programmes delivered in partnership with multiple regional agencies, including Oxford and East Midlands Academic Health Science Networks, and Opportunity North East in Scotland.

Through the provision of free tax and legal advisory services, WAPG aims to create highly practical advantages to science start-ups, reducing the complex burdens of navigating patents and IP, compliance product liability, R&D tax credits and grant funding applications. The partnerships with Leyton, and Mills & Reeve enable founders to focus on rapidly building valuable products and commercialisation strategies, leaving administrative burdens with experts in the field.

This latest announcement from WAPG further cements its position as a leading provider of business growth support to entrepreneurial science and tech ventures. In October, WAPG announced a first-of-its-kind partnership with Astellas, sponsoring one entrepreneur via free accommodation at a WAPG location for twelve months. The announcement, which came months after the formation of WAPG following the acquisition of BioCity Group, demonstrates the intention to extend the reach and amplify the existing opportunities created by BioCity.

Ayokunmi Ajetunmobi, WAPG venture development manager, said, "The BioCity Accelerator was hugely successful. Over five years, we worked with 144 entrepreneurs, with 38 raising a combined total of £42M; the new WAPG national accelerator programme will build on this success. Through partnerships with leading firms like Leyton, and Mills & Reeve, we can provide unparalleled access to the kind of expertise which would typically be out of reach to start-ups, alongside world-class entrepreneur coaching."

"We are incredibly proud to be partnering with WAPG and to play some small part in the growth & success of the exceptional companies within the ecosystem. Having just been through the most recent BioCity Accelerator programme, I know the potential these companies have to change the world for the better, and we're delighted to be a part of that journey" - Dominic Landman, Leyton UK.

Mills & Reeve's Partner and Life Sciences expert, Junaid Haroon, commented, "We are thrilled to be the exclusive legal partner and working with WAPG on these accelerator programmes across the nation. It is our honour to advise and support these hugely exciting and innovative businesses, and we look forward to working closely with them as they continue to develop and grow into the industry leaders of the future."

To find out more about the WAPG accelerator and upcoming programmes in 2022, visit wearepioneergroup.com/accelerator-programme


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