News

WeWork brings On Demand to four new markets in its first international expansion

WeWork has announced that WeWork On Demand, the company’s pay-as-you-go offering to access workspace and meeting rooms, is now available in the United Kingdom, Ireland, Singapore, and Australia. 

Instagram teams up with Small Business Britain to launch Small Businesses Mentorship Programme

Instagram have announced the launch of its first Small Business Mentorship programme in the UK, in partnership with Small Business Britain. Aimed at supporting the country’s entrepreneurs and small businesses after an unprecedented 18 months, the mentorship programme will celebrate their creativity and resilience, as many have turned to Instagram to survive and thrive.

Open banking could save SME lenders more than 18,000 work-hours a year

Lenders could see the time they spend processing the average loan reduce by more than 85% with the adoption of open banking technology, according to research from Yolt Technology Services (YTS), an open banking provider in Europe.

Research platform raises £110m to accelerate global expansion

Research platform, Atheneum have announced they have secured a £110m growth capital funding round led by Guidepost Growth Equity. Existing investors also participated in the round including Crosslantic Capital Management, Michael Brehm, Vogel Communications Group, and the founding management team of Atheneum.

Campaign to find UK’s inspiring female entrepreneurs kicks off

Brilliant female entrepreneurs across the UK are being encouraged to apply to take part in a campaign which showcases inspiring women running their own businesses, and offers support.

Krystal plants one million trees and sets blueprint for future of business

Cloud hosting provider Krystal has set out a blueprint for the future of businesses and the planet, as they announce their millionth tree has been planted way ahead of its 2022 goal.

Solution to £23bn problem of late payments for SMEs

LawtechUK has published a feasibility study and proof of concept for a new technological approach to the late payment challenges facing British business. This would work as an ‘SME online dispute resolution’ platform, produced in partnership with a consortium of legal, technology and alternative dispute resolution experts from the University of Oxford, Oxford Computing Consultants, Resolve Disputes Online and Jur.

Card payment solutions provider launches eBook to help SMEs become future-proof

UTP have launched a new eBook for SMEs, offering advice about how to future-proof their businesses.

Azerbaijan investment company signs deal with OurCrowd

OurCrowd has announced that it has signed a memorandum of understanding with the Azerbaijan Investment Company (AIC), represented by the Chairman of its Supervisory Board, Minister of Economy of Azerbaijan, Mikayil Jabbarov, to promote strategic cooperation in the field of investment by the Government of Azerbaijan in OurCrowd’s portfolio.

85% of SMEs understand GDPR but legal requirements are still not being met

A new survey has revealed that 85% of SMEs in the UK are familiar with the General Data Protection Regulation (GDPR), but more than half are still not cleaning their data and therefore not adhering to the GDPR’s legal requirements.

Event dedicated to entrepreneurs

In celebration of Startups Magazine’s ‘Women in Tech’ issue, Startups Magazine and Inspiration Space have joined forces to host Entrepreneurship Decoded, a live event that brings together ambitious female founders for an honest conversation about what it really takes to start and grow a brand in 2021 and beyond.

Startups Mag returns to The Business Show

Startups Magazine will once again be exhibiting at The Business Show at London’s ExCeL from 24th-25th November.

Two-thirds of bosses still don’t trust employees to work remotely

New research released by Ricoh Europe revealed that just 35% of employers trust their staff fully while working remotely, with 39% suggesting their people don’t work as hard or effectively as in the office.

Thinking of franchising? The legal need to knows

Startups looking to enter franchise agreements should pay careful attention to the contracts they enter into, a leading law firm has said. Harper James Solicitors said many franchisors are often willing to include a force majeure clause, which changes the franchisee’s obligations in the event of extraordinary circumstances – like the ones that devastated many businesses in the last 18 months.

Research finds only 7% of UK business owners have scalable business model

Only seven percent of UK business owners have created a truly scalable business model, according to new research from Worcestershire based business support provider, BizSmart.

Tramshed Tech launch startup academy supported by Google

Tramshed Tech, a startup ecosystem and a fast growing business incubator in Wales is launching a startup academy supported by Google for startups. Workshops will take place every Thursday, beginning 30th September 2021.

British startup chosen as partner to shape the future of European blockchain

iov42, an emerging British startup, which builds blockchain-inspired identification tools, has been chosen over corporate giants including EY, Vodafone and Deloitte to secure a spot as one of only seven tenderers selected to design and develop the next-gen of the European Blockchain Services Infrastructure (EBSI). The flagship project from the European Commission hopes to leverage blockchain technology to improve standards of cross-border services for public administrations across the EU.

Aerospace Xelerated Opens Call for Startups at the Forefront of Autonomy and AI

Aerospace Xelerated has announced its call for applications is open. Formerly the ATI Boeing Accelerator, the programme is being led by industry partner Boeing for its third year, with further industry partners to be announced. The programme will be investing into startups building autonomous and AI solutions that advance the way aircraft are built, from the factory floor all the way to the passenger journey.

The business festival sTARTUp Day will kick-off for the fifth time in Tartu

The largest business festival in the Baltics, sTARTUp Day, will take place on 25th–27th August, creating a startup-minded buzz in the Estonian National Museum and around Tartu. It is also possible to participate in the event online, and a total of 3,000 participants are expected. To celebrate the fifth anniversary year, more than 150 speakers will be performing, the activities will take place on four stages, there are almost 50 seminars, and more than 30 side events to take part in.

The Open University discovers a new wave of passion-prenuers

Whilst many say young people have been hugely affected by the pandemic, new polling reveals a new wave of optimism when it comes to the study and the career choices of today’s school leavers.