Andrew’s beloved initiative to be shut down | Royal | News
One of the initiatives closest to Andrew Mountbatten-Windsor’s heart is to be dissolved in just days. Pitch@Palace was a competition similar to Drangon’s Den, whereby entrepreneurs pitched their ideas to potential investors. It was previously thought to be a source of income for Mr Mountbatten-Windsor after King Charles cut off his financial support. However, documents to dissolve the company were filed with Companies House on Tuesday and signed by its only director, Arthur Lancaster. Mr Mountbatten-Windsor is listed as a person with significant control under his former title, Prince Andrew, while Mr Lancaster is thought to hold the shares on the former prince’s behalf. The company suspended operations in 2019 and the UK side of it ceased in 2021, but international Pitch@Palace Global remained open. Dutch company Startup Bootcamp expressed interest in buying the business, but the deal ended up unravelling earlier this year. Most of the cash it had left has been withdrawn in recent years, with the latest set of accounts showing just £10,965 at the end of March, down from £220,990 the year before. …
