News

TryTech to help 1,500 unemployed young Londoner’s build careers in tech

OneTech, an organisation connecting London’s underrepresented communities with opportunities in tech startups, have today launched TryTech. The new online platform will help young people, aged 18-24, facing multiple disadvantages in the UK, to find motivation, develop their knowledge and skills towards a career in the technology and social enterprise sectors. The platform will be available in London first, before rolling out across the UK.

Business account savers urged to invest as banks slash returns to 0.07%

Low-cost wealth manager, InvestEngine is urging small businesses to consider stockmarket investing, as interest rates on banks’ business accounts hit record lows. The average interest rate on instant-access business savings accounts is now just 0.06%, according to Bank of England data published this week.

Xero adds new matchmaking tool to help small businesses find the right expert

Xero has launched a new matchmaking tool to match small business owners with the right accountant or bookkeeper based on their industry, maturity and growth expertise.

Crowdfunding campaign launched to fund second social media platform

Michelle Cowan and Bren Adams, the Founders behind Yorkshire-based tech start up, Justo Software and socialsendr, have launched a crowdfunding campaign via Go Fund Me to raise £25,000 to drive forward development of their second social media platform aimed at soletraders, freelancers and small businesses.

Providing UK businesses with GDPR-compliant managed container services

OVHcloud today announced Sweden’s managed services provider Elastisys as an Advance Partner. This partnership will enable customers of both companies to access enterprise grade security-focused container services that are fully EU compliant.

GIANT Health is expanding in 2021

European Health-Tech Innovation Week, sponsored by GIANT Health, is taking place from 17-21 May 2021 and is five one day hybrid conferences and exhibitions across Europe’s leading healthcare innovation regions; successfully driving improved healthcare outcomes and business collaboration by showcasing and championing Europe’s best healthtech innovations.

Smallest and greatest firms urged to apply for small awards

Small firms are being urged not to miss the deadline for this year’s Small Awards, a nationwide search for the smallest and greatest firms in the UK, across all sectors. Launched in 2017 by Small Business Britain, the annual awards have eleven unique categories across everything from longstanding family businesses and innovation-led startups, to social enterprise champions.

B2B capital raising tech startup HUBX completes fundraising round

Private capital raising platform, HUBX, today announced the completion of a £4.2m funding round with the closure of the second tranche of financing. European B2B technology venture fund Basinghall Partners, together with Barclays, ELITE and individual investors, participated in the fintech startup’s latest funding round.

Global Startup Awards 2020 Global Winners announced

Winners of the 3rd Global Finale of the Global Startup Awards, the world’s largest independent startup ecosystem competition, have been just announced on 27th January 2021. Global Startup Awards was founded in 2012 in Copenhagen, Denmark.

Show small businesses some love this Valentine’s

People across the country are being encouraged to show some love for small businesses as they face another challenging month in lockdown. With a government review of current restrictions not due until 22nd February, Small Business Britain issued the call ahead of this weekend’s Valentine’s Day.

There’s a new business category emerging…

And the Whatsapp ordeal is a cautionary tale for those who fail to recognise it. Since pretty much the beginning of human commerce, entrepreneurs have based their strategy around competing on two verticals, price and quality. Generally speaking, if your price is low, you’d expect the quality to also be low and vice versa.

73% of tech talent would consider joining startups in 2021

73% of tech talent would consider working for a startup in 2021, with male tech talent more likely to work for a startup (63%) than female (49%). That’s according to a recent survey by Talent Works, which asked UK employees in a variety of tech roles what they look for in a job and where they look for new opportunities.

The fintech brands to watch 2021: How the UK is rivaling the US

With the unprecedented changes the COVID-19 pandemic has inflicted on the world, the fintech industry has had to deal with navigating the challenging climate as well as providing many opportunities for businesses and consumers to review their financial options.

Israeli startup emerges from stealth with $8m seed

NeuReality, an Israeli startup developing high performance AI compute for cloud data centres and edge nodes, emerges from stealth today with $8m seed from Cardumen Capital, OurCrowd and Varana Capital to fuel the growth of real life AI applications running at scale. NeuReality will introduce its first AI platform early this year.

Knowledge hacking app raises $16m to transform digital learning

Uptime, the free app that presents expertly curated five-minute Knowledge Hacks of the world’s best books, courses, and documentaries, has raised a $16m Seed round to bring its platform to more users globally.

BioAccelerate 2020 phase 1 winners announced

AberInnovation has announced the six winners from the first phase of BioAccelerate 2020, their flagship business accelerator programme for biotechnology, agri-tech and food and drink innovations.

Construction tech innovation wanted for Wincanton Innovation Lab Sprint 3

As one of the UK’s leading third-party logistics providers, Wincanton plays a huge role in construction projects all across the UK. Now, with the launch of Sprint 3 of W2 Labs – an innovation lab designed to discover emerging innovative ideas and tackle some of the logistics industry’s toughest challenges, they are aiming to focus on the construction sector specifically.

PropTech startup announces expansion through acquisition

WeMaintain, recognised for radically transforming the lift market, has acquired French PropTech startup Shokly, whose tech solution has revolutionised fire alarm maintenance and management, to increase its presence in the smart buildings sector.

Print-on-demand platform creates local solutions for international e-commerce

Gelato, the Norway-born print-on-demand solution which allows SMEs, creators, and a new generation of e-commerce entrepreneurs to localise the production and delivery of customised products to customers based in any location in the world. 

New Year, New Freelance Career?

For anyone looking to make the leap into self-employment, the moment might just have arrived. Insurance broker PolicyBee has uncovered that online searches for freelancers increased over the last year, particularly for individuals with digital marketing skills.