Open cloud hosting provider Rackspace has announced it has given cloud support to the tune of almost £250,000 in order to aid UK-based startups get a foothold in the cloud.

The scheme falls under the Rackspace Startups Programme, which has been operating in the UK for six months and has already signed up more than 300 members.

The money comes from Rackspace alongside 50 partners and investors, with the CSP adding that startups who sign up with the scheme get “mentoring, expert technical advice and access to networking events”, alongside the money.

According to Jeff Cotten, managing director of Rackspace International, the UK is simply the first stop for the startup roadshow as the company expands its scheme into 2014.

“It’s been incredibly satisfying to watch the UK Startup Programme ramp up as more and more entrepreneurs take advantage of the cloud computing resources and other benefits on …