Prince Andrew has found a new way to secure his financial future—by leveraging his extensive business connections.
Despite losing his royal funding, the Duke of York has struck a secret deal with a major business firm, allowing him to act as a middleman for networking opportunities.
This lucrative arrangement is expected to bring in millions and help him maintain his lavish lifestyle at Royal Lodge, his Windsor residence.
Partnering with a Business Giant
The deal is with Startupbootcamp (SBC), a Dutch firm that helps entrepreneurs connect with investors.
The company saw an opportunity in Andrew’s long-standing network, which he built through his Pitch@Palace initiative—an event similar to Dragons’ Den that matched startups with potential backers.
SBC executives reportedly approached Buckingham Palace last summer with their proposal before eventually sealing the deal directly with the Duke.
A Strategic Financial Move
According to sources, Andrew will receive a cut from each deal that SBC secures through his connections.
This financial boost is particularly significant after King Charles withdrew his £1 million annual support last year, in an apparent attempt to force his brother out of Royal Lodge.
Despite this, Andrew has managed to hold onto the Grade II-listed property, with insiders saying his new income streams will keep him afloat.
Pitch@Palace Funding Concerns
Meanwhile, concerns have been raised over the financial state of Pitch@Palace.
Documents filed with Companies House revealed that over £230,000 was pulled from the initiative’s funds, reducing its cash reserves from £454,979 to £220,990 by March 2024.
Similar withdrawals occurred in previous years, with assets at Pitch@Palace Global Ltd also seeing a decline.
These developments follow the fallout from Andrew’s infamous Newsnight interview regarding his ties to convicted sex offender Jeffrey Epstein, which severely damaged his public reputation.
A Controversial New Chapter
Despite past controversies, Andrew’s latest venture has the backing of Startupbootcamp’s CEO, Kauan von Novack.
He emphasized the company’s mission to support entrepreneurs and acknowledged the value of the Duke’s well-established network.
“We see immense value in the network built up by Pitch@Palace,” he stated.
As for Andrew, this deal could be his ticket to financial independence—or another scandal waiting to unfold.
MailOnline has reached out to both the Duke of York and Startupbootcamp for further comments.
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