SETsquared Bristol welcomes Bristol Pound into its incubator office space

Posted by 

SETsquared Bristol

Last week, SETsquared Bristol was pleased to welcome its newest member and tenant, Bristol Pound. The UK’s largest local currency, Bristol Pound, was launched in 2012 to create a stronger circular economy in the city.

Bristol Pound moved into office space at SETsquared Bristol on Thursday 21st March and have joined the incubation programme to support the development of its digital currency. The alternative local currency is set to overhaul its current digital offering, making it more accessible to SMEs as well as larger strategic partners including the University of Bristol.

Diana Finch, Managing Director at Bristol Pound, said:

“We applied to join SETsquared because we recognised that we are in a period of rapid change – we’re a brand new team with a brand new strategy for the Bristol Pound’s future development, so it will be great to have access to all the advice, support and training that SETsquared can offer.

“We’re developing a new business model to make us financially sustainable and self-funding by 2022, as well as developing the digital currency and scaling up – so we will really appreciate all the help SETsquared can give us.”

Bristol Pound brings a new kind of tech to the SETsquared Bristol roster, seeking to improve its access to data to improve the management of currency flow. Bristol Pound is looking to attract funding and investment, engage more fully with businesses and communities across the city, and fine-tune its business plans.

By encouraging people and businesses to support local independent businesses with their custom, Bristol Pound is helping to localise supply chains, keep wealth circulating in the city, and so create a more resilient local economy.

SETsquared Bristol Director, Monika Radclyffe, said:

“We are delighted to welcome Bristol Pound to SETsquared Bristol, and hope that they will benefit from locating in our offices, where they will be able to connect with like-minded entrepreneurs. Bristol Pound increases the diversity of our talent pool, and we are looking forward to supporting their new venture into FinTech.”

Bristol Pound Managing Director, Diana Finch, was recently included in our blog celebrating female business leaders. You can read more about Diana and her work at Bristol Pound here.


Find out more about SETsquared members here and sign up to the monthly newsletter to get SETsquared Bristol news direct to your inbox.

Recent News, Blogs and Stories

A scientist in the lab wearing white coat with iCOMAT logo, and engineering device

iCOMAT raises $22.5m to automate advanced composite manufacturing for sustainable transport

iCOMAT, a SETsquared Bristol alumnus and University of Bristol spinout, has closed its Series A funding round, securing $22.5m (£17.6m) to deliver lighter transport solutions faster and at a lower...
SLANT and Weaving Change founders with New Enterprise Competition award trophies

Sustainable student startup winners join SETsquared Bristol

We are pleased to welcome two sustainable student startups to our Quest incubation programme as winners of the New Enterprise Competition. The New Enterprise Competition is the University of Bristol’s...
Founders of Jack Fertility wearing black and white Jack Fertility branded clothing

Healthtech spotlight: Jack Fertility

Jack Fertility has recently launched its £500K fundraising campaign to bring the world’s first home-to-lab sperm test kit to market. We had a chat with Co-founders, Lily Elsner and Nick Shipley, to...


Fast track your technology business