In Summer 2013 we founded Haatch with a clear focus to provide both investment as well as support for local people with the creation of a new, state of the art building, called The Hub.
The Hub was designed to house over 150 entrepreneurs, graduates, princes trust members & local business people in a collaborative and supportive environment. Aside from the highly skilled job creation in Stamford and investment from Haatch, the team of onsite local experts including ex CEOs & CTOs of FTSE 100 businesses would have created significant support for these individuals.
After working closely with both South Kesteven District Council & English Heritage we designed a building which was approved by the planning authorities in September 2014.
After continuing work with the project, we received notification from the trustees of the Cecil Estate Family Trust that they had started Judicial Review proceedings against South Kesteven over the decision.
Unfortunately the Judge has now sided with Cecil Estate and therefore our planning permission has been quashed.
We’re now left with little choice but to take the difficult decision to not move forward with the hub project and re-focus to our core investment business. Since we launched Haatch we’ve invested in 7 startups, who have received over 10 rounds of financing, created 50 jobs and have opened offices in London, Dublin, New York, Denver & San Francisco.
We’d like to personally thank everyone who provided support towards The Hub project and re-iterate we’re completely focused on our amazing startups who are making fantastic progress.