Three in ten SME finance experts (28%) report that the most requested loan amount at the start of 2024 was over £100,000, 56% higher than the same period last year, according to iwoca’s Q1 2024 SME Expert Index.
Aerospace Xelerated (AX) announced it will run a pitching competition during this year’s Farnborough International Airshow (FIA) on 25th July. The winning startup will receive a prize of £5,000, six months of mentorship from the AX team, and exclusive exhibition space for the 2026 Farnborough International Airshow to help them grow their business. The second-place winner will receive a prize of £2,500 and three months of mentorship.
The majority of UK Chief Executives are experiencing tech imposter syndrome in the boardroom, with nearly two-thirds (64%) admitting they secretly feel out of their depth when it comes to digital skills.
The pitching competition of the international startup and technology conference Latitude59, which took place in Tallinn, was won by three startups. Ukrainian-founded AI startup Beholder earned the largest investment of €600,000, Lithuania’s AskToSell took home €300,000, and Estonian startup GaltTec won €100,000.
A new study from BusinessComparison has investigated the current state of startups in the UK, identifying the regions and industries with the newest businesses. The study also investigated businesses that dissolved in 2023, focusing on younger companies.
Having spent a lifetime creating brands, much of my time in recent years has been spent advising young startups about their ventures. Sometimes it’s interesting, even rewarding, but on other occasions it can be very difficult.
HSBC UK has partnered with Greenly, the carbon management company to support clients in measuring their carbon footprint by enabling them to identify their main sources of carbon emissions and spot opportunities to reduce them.
Wind turbines are colossal structures equipped with blades that spin when the wind blows. This motion turns a generator inside the turbine, converting the kinetic energy of the wind into electrical energy. Each turbine is connected to a grid that distributes electricity to homes, businesses, and industries. Wind energy is a renewable resource, it’s clean and doesn’t produce greenhouse gas emissions, and it is environmentally friendly.
The Cambridge tech ecosystem now has a combined value of $191 billion, representing 18% of the entire UK’s tech ecosystem and more than Spain and Italy combined, according to new analysis by Dealroom for Founders at the University of Cambridge.
Startup accelerator programmes have become hugely popular in the tech world in recent years with ambitious inventors and eager entrepreneurs looking to turbocharge their dream of growing a thriving business.
The Local Council Roads Innovation Group (LCRIG) has announced an exciting new addition to the Innovation & Learning Festival in July: the LCRIG & TTF Startup Zone. This opportunity, in partnership with the Transport Technology Forum (TTF), is designed to provide opportunities for small and emerging businesses to showcase their innovative solutions and pioneering technologies.
The digital nomad lifestyle is in demand amongst British workers. According to a recent study, almost half (45%) of UK workers would consider moving jobs or changing careers for the opportunity to travel for work or work abroad.
Orca AI, the AI-based operational platform for ships, has raised $23 million in new funding, led by OCV Partners and Mizmaa Ventures, taking its total raised to nearly $40 million.
London’s IT industry has long catalysed innovation and technical improvement. In 2024, London’s strong startup ecosystem will continue to grow, pushing a rising number of pioneering firms and impacting the future of many industries. As a result of technical breakthroughs and innovations, the demand for an IT company is increasing.
Approximately half of all self-employed people have experienced poor mental health within the past 12 months – 22% worse than the national average.
On 23rd May at The Podcast Show, Startups Magazine was lucky enough to sit in on a panel all about the future of podcast production with Artificial Intelligence (AI) at its core. The panel challenged popular misconceptions, highlighting ethical considerations, and demonstrating how AI tools are revolutionising podcasting from production to promotion.
Santander is offering emerging startups across the UK the opportunity to win up to £25,000 in funding and business support through the Santander X UK Awards 2024. The Santander X UK Awards are one of the UK’s largest early-stage business pitching competitions, having provided over £1 million in vital funding and business support to thousands of UK businesses to date.
On 22nd May at The Podcast Show, Startups Magazine attended a panel including, Vogue Williams, host of My Therapist Ghosted Me, Grace Beverley, host of Working Hard, Hardly Working, Audrey Indome and Tolani Shoneye co-hosts of The Receipts Podcast, as they explored how important powerhouse woman are in the audio industry. Shining a light on the significance of sisterhood, the necessity for safe spaces, and how bigger corporates and advertiser can help female hosts to reach female listeners.
It was November. I’d just come back from almost two weeks in the Canary Islands. I should have felt refreshed and ready to get back into work at Hustle House – the people development consultancy I founded with my friend.
Expenditure on IP should be viewed as an investment in the long-term future of the business, as a means by which to enhance its commercial value. Robert Lind, Partner at Marks & Clerk, a global intellectual property firm, discusses how having an IP strategy in place can be make or break when it comes to securing investment from third parties.
