Under the new agreement PwC will offer business support concentrating on a number of tailored services focussed around its My Financepartner offering which offers a low-cost subscription service providing business advisory services.

The firm will also provide funds that will be used to revamp and refit another floor at CodeBase HQ, allowing for more companies to locate there. PwC will take up a presence at Codebase, with the team led by Ian Marshall, newly-appointed My Financepartner leader for Scotland.

Based in Edinburgh, CodeBase’s mission is to build and scale the next successful tech companies out of Scotland and it has helped to incubate scale-up companies which have raised over half a billion dollars of investment.

More than quadrupling in size since its March 2014 launch by co-founders Jamie and Stephen Coleman and others, CodeBase is home to over 90 startups which employ more than 600 people.  A Stirling incubator was announced earlier this month.

Douglas Shand, PwC head of innovation for Scotland, said: ‘I’ve been involved with a lot of startups and scale-ups and very often they are companies which initially struggle to justify the cost and complexity of a traditional back office function. Reflecting that, My Financepartner lets them pick and choose the services they may want to use and pay for them as needed on a subscription payment model.’

Stephen Coleman, CEO and co-founder of CodeBase, said: ‘The partnership with PwC allows us to both accelerate development at Argyle House on our journey to build a tech powerhouse in Edinburgh and for our companies to tap into the firm’s global expertise and networks.’