Two Coventry businesses shortlisted for £1million prize  - The Coventry Observer
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Two Coventry businesses shortlisted for £1million prize 

Holly Clement 22nd Oct, 2024   0

TWO BUSINESSES specialising in tech in Coventry have been shortlisted for a £1million prize competition.

The regional competition, One To Win is aimed at investing in a new regional business – Skyfarer and Inicio are in the final four to pitch for the prize during Tech WM on October 23.

Skyfarer, is a drone and aerial technology company that has set out to connect the world in a more efficient, economical, and sustainable manner.

Inicio Ai is a fintech start-up that simplifies the complex process of capturing detailed income and expenditure information using an innovative solution.

Rupert Lyle, Fund Principle of the West Midlands Co-Investment Fund said: “The West Midlands Co-Investment Fund was designed to fuel innovation and growth within our vibrant tech startup ecosystem.

“This opportunity exemplifies our commitment to supporting businesses that are driving the Midlands forward with their groundbreaking ideas.




“We believe this funding will be transformative, empowering them to scale new heights and solidify the Midlands’ position as a hub for tech excellence.”