Summary
A lifestyle app called vVoosh, backed by Sarah Ferguson, received over £1 million in UK government funding but failed without ever launching a product. The company, founded by Manuel Fernandez, went into administration, leaving many questions about Ferguson's business associations. The app never made a product despite significant investment and faced communication issues within the company.
Key Facts
- vVoosh was a lifestyle app backed by Sarah Ferguson, aimed at helping users organize activities.
- The company received over £1 million from UK taxpayers through research and development tax credits.
- vVoosh never launched a product and went into administration, meaning it is no longer trying to run as a business.
- Founder Manuel Fernandez was Sarah Ferguson's close friend and once served as a director before he resigned.
- The company had communication and legal problems, which halted app development progress.
- Sarah Ferguson lost her duchess title following controversies linked to her ex-husband's connections to Jeffrey Epstein.
- vVoosh owed money to Ferguson's company, La Luna Investments, and had over 60 other shareholders.
- The Charity Commission is in the process of removing vVoosh Charitable Foundation from the register because it is not active.
