Users can record different parts of their pitch separately and then stitch them together in one video.

Entrepreneurs can then use the video to raise their business's profile or send it to potential investors.

Pitches can also be shared on the NatWest Business Pitch App Facebook Page.

The app requires an iPhone 5 or above or an iPad second generation or above and can be downloaded from Apple's App Store.

Gordon Merrylees, head of entrepreneurship at NatWest, said: “The launch of NatWest Pitch is an exciting step for our bank.

“It's important that people can deliver a clear, concise and memorable pitch that describes themselves and what their business does.

“We continue to be inspired daily by the entrepreneurs we support, and this demonstrates how we have been truly innovative ourselves by building this app.

“I look forward to seeing the many examples of how the app is utilised to create pitches which assist entrepreneurs in achieving their ambitions and help them start, scale and succeed.”

Darrell Irwin, founder of Cre8ion and previous resident of the Entrepreneurial Spark hub powered by NatWest, added: “Networking could increase your net worth and having a pitch in the pocket really does open doors.

“Pitching is an extension of yourself and an opportunity to share your story.

“The ready-made structure enabled me to get my story across quickly and simply.

“Entrepreneurship is not denying fear, but learning to deny its negative influence by facing it.”