Recruitment software provider Tribepad is to launch a HR tech incubator and accelerator in Sheffield.
Tribepad Ventures, backed by a £1 million fund, will look to provide early-stage work tech businesses with advice to help refine ideas, scale technology and build out business plans.
These businesses will also have access to seed capital, technical support and business coaching.
As a non-executive director of Tribepad, Alex Raubitschek joins Tribepad founders Dean Sadler and Dan Kirkland on the board of Tribepad Ventures.
A specialist work tech adviser with over 20 years’ experience, Raubitschek will lead Tribepad Venture’s investment committee, offering strategic oversight to companies within the ecosystem.
“The UK economy has been hard hit by COVID-19. At the same time, we’ve seen huge changes in the way companies, large and small, operate,” said Sadler.
“We’ve gone from occasional flexible working, to full-time hybrid models. And that’s thrown up huge challenges in how businesses manage and hire people.
“But we’ve hit a problem. Businesses are demanding better solutions to help them cope with these challenges. But investment is hard to come by at a time where the economy has contracted and purses have tightened.
“Through Tribepad Ventures we want to offer budding entrepreneurs our tech expertise, world leading enterprise-level technology, and anonymised data on millions of job applications to create the work-tech of the future.
“We want to work with new companies to help change the face of business productivity and employee experiences at businesses large and small, while driving and establishing Sheffield at the centre of tech excellence.”
Tribepad serves some of the UK’s best-known organisations including the BBC, Subway, Sodexo and Tesco. Its talent acquisition software – including applicant tracking, video interviewing, onboarding and contractor management solutions – helps organisations save time and money in the recruitment process.
Work tech businesses keen to apply to Tribepad Ventures’ programme are urged to apply through the website here.