The accountancy firm will fund ideas conceived by its employees, who will get the chance to work on their projects full-time.
US-based accountancy firm Deloitte has established a £25m ($39m) internal investment fund that will support startups founded by its own staff, financial daily City AM reported on Monday.
Successful applicants will be able to incubate their projects on a full-time basis at the firm’s newly created unit, Innovation Investments. The firm received 60 proposals in the two weeks after it announced the fund’s formation.
Managing partner Simon Owen told City AM Deloitte had set up the incubator as a response…
