Andrew’s beloved initiative to be shut down | Royal | News
One of the initiatives closest to Andrew Mountbatten-Windsor’s heart is being dissolved within days. Pitch@Palace was a competition similar to Dragon’s Den, where 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.
But documents relating to the dissolution of the company were lodged at Companies House on Tuesday and signed by the company’s sole 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 shares in the former prince’s name.
The company suspended operations in 2019 and the UK side was discontinued in 2021, but international Pitch@Palace Global remains open.
Dutch company Startup Bootcamp expressed interest in buying the business but the deal unraveled earlier this year.
Most of the remaining money has been withdrawn in recent years; the latest accounts showed just £10,965 at the end of March; This is down from £220,990 the previous year.
According to The Sun, a friend of Mr Mountbatten-Windsor said: “Pitch@Palace Global suffered a slow and inevitable death but its resurrection proved impossible after being stripped of all its royal titles.
“For many years this was one of Andrew’s proudest achievements but with it finally coming to an end, his impending exile looks like not just a new beginning but also retirement.”
It comes as the former prince prepares to move from his home at the Royal Lodge in Windsor to Marsh Farm, a smaller property on the Sandringham estate, by Easter 2026 after the lease is surrendered.
He reportedly visited his new home, which apparently didn’t impress him.
A source reportedly said: “It was the first time he had seen his new home and he had come to terms with the fact that this was his future. He came to the conclusion that he had to get on with the rest of his life and accepted that he had to make the best of it.”
