News

Dealing with the strain: how we coped with COVID

A new report has revealed the devastating impact a year of lockdown has had on the mental health of those running business. According to a study by Harper James Solicitors the strain of the past 12 months has led to one counselling platform recording an 84% rise in demand.

ICE Campus helps social enterprises launch and secure funding

An after-work programme designed to support people in starting social enterprises has enabled 18 businesses to launch, as well as helping some secure almost £20,000 in funding.

AI startup raises $2m to empower enterprises to scale resilient edge AI

UK startup, LGN has secured $2m in funding to help businesses outpace their competition by building better and more resilient AI models, faster and at scale. With backing from the likes of Trucks Venture Capital, Luminous Ventures and Jaguar Land Rover, LGN supports enterprises to scale out their use of edge AI and accelerate learning in the real world, rather than in labs and test environments. The company will use the investment to continue its mission of getting AI into the real world.

StartUp Weekend returns to help businesses recover post-pandemic

Plymouth Startup Weekend is back this spring with a big question for business brains and creative thinkers everywhere: How can our cities rejuvenate culture and tourism post-pandemic? For Britain’s Ocean City, which was picked as one of the top ten places to travel in 2020 by Condé Nast Traveller magazine, this is an even bigger question.

Middlesbrough-based AI startup expands into the Nordic market

Bubo.AI is an AI solution for customer value-based pricing. Cloud technology and advanced analytics allow clients to determine the path to more profitability based on optimised prices. Founded and based in the UK, Bubo.AI won the ‘Best Emerging Technology in AI’ award in 2020.

Tech solutions business to help startups as part of UK economy relaunch

A London-based software development company has launched a new initiative offering the country’s startups the opportunity to develop a Minimum Viable Product (MVP) as part of an economy-boosting scheme in the wake of the pandemic.

UK lockdown leads to spike in cyber insurance uptake

Figures collected by insurance broker PolicyBee show a large increase in sales of cyber insurance since the UK went into lockdown in March 2020.

SUCCEED! An Inspirational Toolkit for the Serious Entrepreneur

Ihqlak Hussain’s new book, SUCCEED!: An Inspirational Toolkit for the Serious Entrepreneur, dives into the author’s own personal experience, coming from a tough background, working hard and successfully achieving his goals. This book offers easy to understand and must-read advice for budding entrepreneurs designed to highlight how to plan, develop and execute a new business venture.

London’s ‘doughnut’ boroughs see increase in demand for flexible office space

Rishi Sunak has predicted a rise in hybrid or flexible working in local hubs once the pandemic is over. Speaking on the Politico Westminster Insider podcast this month, he cited the rise of ‘neighbourhood’ serviced offices springing up across New York, and thinks these small local hubs for people who want to avoid the commute but don’t want to work at home is something that should be picked up in the UK. 

UK must avoid complacency and seize AI opportunity

A new report from The Entrepreneurs Network think tank by former Office for AI Adviser Séb Krier sets out eight key recommendations to make the UK the best place in the world for AI innovation.

Microsoft to work with 13 startups using AI to help UK’s health, manufacturing and resource sectors

Thirteen companies who are helping the UK’s healthcare, manufacturing and resource sectors recover from the impact of COVID-19 have been chosen to join Microsoft’s AI for Social Impact 2021 programme.

Looking for the best startups to forge the city of the future

Challenges such as increasing traffic, rising emissions and limited space are affecting Metropolitan regions around the world, and these developments call for innovative approaches. The City of Hamburg aims to support smart solutions for the city of tomorrow, with the Future Hamburg Award. 

UK office workers would give up promotions and pay increases to work from home

Research from Ezra, a global provider of digital coaching, has found that UK office workers value their new norm of working from home so much that many would forsake career progression, company benefits and even a pay rise to maintain it.

Startup Olé launches European Rural ReInA initiative

We are currently living in two versions of Europe, on one hand, there is a thriving urban one, with big cities such as Madrid, Berlin, Brussels, Paris, Milan, etc., and on the other hand there is rural Europe, depopulated and lacking in possibilities, in a continuous decline and without horizon or prosperous future.  

UK healthtech startup announces major growth and US expansion

Healthtech company, NuroKor BioElectronics has announced plans to double its team and further its international expansion, following 12 months of rapid growth during which the company’s half-year sales rose by 156%.

UK business profits down 20% but insolvency risk decreasing due to vaccine

As the vaccine continues to be rolled out across the UK, business confidence is at its highest point since the beginning of the pandemic. Here, businesses continue to be overwhelmingly supportive of the Government’s approach to help companies through COVID-19, with nearly four fifths either somewhat or very supportive of their initiatives.

Xero and BDO to help businesses build resilience and plan for success

Xero has announced it has signed BDO as a Xero Global Partner, as part of a new three year global agreement. Xero will become BDO’s preferred accounting solution for its Business, Services and Outsourcing clients in the small to medium business space – significantly growing the number of BDO clients on Xero over the next three years.

UK Office Provider Urges Back-to-Work Office Staff to Support Local Businesses

incspaces, a space-as-a-service operator with locations across London, Leeds, and Manchester, is urging workers to consider supporting their vital local economies as they begin to return to the office later this year. Under the Government’s roadmap to recovery, office workers are expected to begin a phased return to the workplace from 12th April as an increasing number of businesses are given the green light to reopen. The team behind the growing flex space initiative is keen to use this as an opportunity to support small firms.

Cell therapy startup raises £3.5m to develop cell therapies for solid cancers

University of Bristol spin-out CytoSeek has raised a £3.5m seed round to develop new cell therapies to treat solid tumours in cancer patients. The funding is led by Science Creates Ventures (SCV), Bristol’s new deep tech EIS fund for science and engineering startups, and is the firm’s first investment since announcing its venture capital fund last December.

CareLineLive secures £175k funding from Innovate UK

CareLineLive, the all-in-one home care management software that increases efficiency, capacity, compliance and communication of both managers and carers by digitising their work flows, has announced that it has secured a £175k grant from the UK’s innovation agency, Innovate UK.