RBS and Natwest launch social network for entrepreneurs

RBS and NatWest are giving start-ups, entrepreneurs and potential investors an opportunity to meet online, in the hope that new businesses will be launched as a result.

The Bizcrowd website is currently taking registrations before going live on 28 November, with NatWest and RBS aiming to fulfill people’s business ambitions by putting them in touch with like-minded people. A Facebook for wannabe Richard Branson’s, if you like. 

Speaking to Pocket-lint, Aron Thompson, Digital Director at RBS Business & Commercial Banking, explained the idea behind Bizcrowd.

“We want to take banking back to an environment from 20 years ago when your bank manager was able to advise you on who to speak to when launching a new venture. Back then, the bank manager knew everyone in the community.” 

This idea of recreating a community from yesteryear, albeit on a digital platform, is available to all. That is to say you don’t need to be an RBS or NatWest customer to register on Bizcrowd.

“We’re more than a bank,” explained Thompson. “We’re a collection of individuals. A collection of businesses with a deep-seated knowledge over and above banking.” 

Bizcrowd is the second noteworthy venture  by the NatWest bank to help new start-ups.

Earlier this month, NatWest announced it was partnering the Springboard Mobile event, a 13-week programme designed to advise new businesses as they seek to launch new companies within the mobile industry.



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