Wayra, Spain-based telecom company Telefónica’s accelerator network, has started a program in the UK targeting entrepreneurs tackling areas where people on low incomes pay more for some goods and services.
Wayra Fair By Design will support seven startups per year, falling into four broad areas: energy, finance, insurance and costs imposed due to someone’s geographical residence.
Startups can gain up to £70,000 ($85,000) in cash and services and co-working space at the Open Future North building in Oldham, Greater Manchester.
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