<?xml version="1.0" encoding="UTF-8"?><ns2:project xmlns:ns1="http://gtr.rcuk.ac.uk/gtr/api" xmlns:ns2="http://gtr.rcuk.ac.uk/gtr/api/project" xmlns:ns3="http://gtr.rcuk.ac.uk/gtr/api/fund" xmlns:ns4="http://gtr.rcuk.ac.uk/gtr/api/person" xmlns:ns5="http://gtr.rcuk.ac.uk/gtr/api/project/outcome" xmlns:ns6="http://gtr.rcuk.ac.uk/gtr/api/organisation" ns1:created="2026-06-03T15:52:43Z" ns1:href="http://gtr.ukri.org/gtr/api/projects/081F5252-B138-4576-B7AA-3ADE87D1DD54" ns1:id="081F5252-B138-4576-B7AA-3ADE87D1DD54"><ns1:links><ns1:link ns1:href="http://gtr.ukri.org/gtr/api/persons/8F1BBF99-8462-46D6-A11F-0C9492527B1C" ns1:rel="PM_PER"/><ns1:link ns1:href="http://gtr.ukri.org/gtr/api/organisations/B6CE544C-51AD-4C0C-B6FA-E32C44FD8101" ns1:rel="LEAD_ORG"/><ns1:link ns1:href="http://gtr.ukri.org/gtr/api/organisations/B6CE544C-51AD-4C0C-B6FA-E32C44FD8101" ns1:rel="PARTICIPANT_ORG"/><ns1:link ns1:end="2022-10-31T00:00:00Z" ns1:href="http://gtr.ukri.org/gtr/api/funds/7E9B270E-D79F-4750-8C14-900BDFC1DF05" ns1:rel="FUND" ns1:start="2021-04-30T23:00:00Z"/></ns1:links><ns2:identifiers><ns2:identifier ns2:type="RCUK">10004493</ns2:identifier></ns2:identifiers><ns2:title>Financing that enables the post Covid workforce to retrain for new careers</ns2:title><ns2:status>Closed</ns2:status><ns2:grantCategory>Collaborative R&amp;D</ns2:grantCategory><ns2:leadFunder>Innovate UK</ns2:leadFunder><ns2:abstractText>StepEx is a UK-based SME specialising in student financial services. The core team consists of Daniel George, Henry George, Ariane Bouche and Nigel Glaister, whose skills and experience have enabled them to design a service that has far-reaching benefits for the UK economy and education sector. The COVID-19 pandemic has had a detrimental impact on the global economy, with unemployment hitting record levels. The UK has also seen a drop in higher education enrolment rates, which has only exacerbated the problem. Unfortunately access to higher education is often only possible for the wealthy. StepEx is offering regulated outcome-based consumer credit that will ensure people from a low socio--economic background can obtain qualifications, which, in turn, will improve the current skill shortage. StepEx proposes a year-5 post-project revenue of &amp;pound;40m+.</ns2:abstractText></ns2:project>