X-Forces Enterprise is now an award-winning community interest company that has supported 1282 people from the Armed Forces community into entrepreneurship and lent over £12.5million in seed funding. XFE beneficiaries have a 93% success rate of micro funding and 28.9% female members make up the complete cohort.
The fifth anniversary marked an ideal threshold to capture this progress in the organisation's first report: X-Forces Enterprise Activity Report 2017-18
From the very beginning we have received the support and collaboration of some of the United Kingdom’s leading companies which has enabled our new entrepreneurs receiving not only the support but the knowledge that is so essential to success. Indeed it is the partnership between large companies and our start-ups that has been the secret of our success along with the enthusiasm and determination of all involved with XFE. It is becoming increasingly apparent, as the years go by, that the enthusiasm and enterprise of those men and women leaving the Armed Forces, together with their spouses, is there to be harnessed to the benefit not only of the individuals concerned but to our nation as a whole.