Fraud has always affected business and it can be particularly devastating for those companies that are in the start-up phase. A recent report has found that fraud (particularly cyber fraud) has increased by 28% in the last year, largely driven by the Covid-19 situation. This article looks at the warning signs, what might be done to stop it and what to do if you expect that it might be happening.
The Hustle Awards 2021 is very nearly here and we cannot wait to celebrate with you all next week – whether that be from the lovely Finsbury Business Centre and Clerkenworks or from the comfort of your own sofa. From startups to freelancers, The Hustle Awards aims to recognise all the founders, co-founders and team members that have disrupted, impacted and taken a risk or a leap of faith with their business. But who has made the shortlist…
WeVee, the first fully-integrated electric vehicle leasing platform, which launched in the UK (home to Cazoo, Cinch and Carwow), is now valued at $14m after its latest investment injection to support the global expansion of the eMobility lifestyle platform, allowing it to broaden its service lines.
There are three essential elements to a startup’s communication toolkit. All help to sum up what you do in an instant, engage potential partners, customers and investors, and intrigue them into starting a conversation about working with you.
New customer demands and fierce competition: the pressure on companies to innovate is high across all sectors – and established companies and young startups alike are struggling to meet these demands. Increasingly, this is leading to cooperation between corporates and startups. In this way, the speed and agility of young companies meet the professional structures and long-standing know-how of established companies. Both startups and corporates can benefit from each other’s strengths in such a collaboration and ignite a firework of innovation together.
“It’s easier to act your way into a new way of thinking, than think your way into a new way of acting.” said Jerry Sternin in The Power of Positive Deviance: How Unlikely Innovators Solve the World’s Toughest Problems.
You’ve come up with a business idea, created your presentation and you already know what needs to be said. The very next step is to find potential investors and persuade them to fund your business proposal. In order to do that, you need to be able to effectively present your business.
The NEXUS ESG Startup Programme is designed to give founders the practical knowledge to launch and scale their creative and digital businesses.
With government changes from 19 July, the question being thrust into the limelight more than ever for many is ‘Should we go back to the office?’
Kuano.ai, a software platform for rapid, cost effective quantum modelling of enzymes, has raised £1m in seed funding from ACF Investors, o2h Ventures and a syndicate of Cambridge-based angel investors. The funding will accelerate the company’s growth as it moves further towards commercialisation.
Whether it’s an online fashion business or a breakthrough idea for a new financial service, starting a business today will invariably require some elements of a digital journey between the product or service and the end user, if not in its entirety.
As a startup founder, it’s easy to view your business solely from your own perspective. Your startup idea is surely unrivalled in its brilliance, bordering on genius, beyond comparison.
While many industries suffered in 2020 with the ongoing health crisis, cyber crime and in particular ransomware grew significantly. With more time spent online by individuals, and the switch to remote working for many businesses, bad actors recognised the opportunities for increased cyber attacks and grabbed them with both hands. The bad news – this trend is going nowhere in 2021.
Unibuddy, the number one peer-to-peer university recruitment platform that has helped 770,000 students from over 180 countries make better decisions about their higher education journey, has raised $20m in funding. The Series B round was led by Highland Europe with additional participation from Stride.VC. Unibuddy has raised a total of $32m since its inception in 2017.
It has been a record first half of the year for VC investment into London’s fintech sector, with new research from Dealroom.co and London & Partners revealing London-based fintech firms have already raised more VC investment than any other year, in only six months.
As you can imagine, here at Startups Magazine HQ, we speak to an awful lot of early-stage businesses. Every so often however, one really stands out and lingers long in the memory.
Chocolate is probably not the first thing that springs to mind at the mention of blockchain technology. However, it’s that precise combination that is helping to bring an end to over 50 years of civil war in Colombia which has killed over 200,000 people and internally displaced millions.
European Innovation Council (EIC) Fund is investing €5m in the Israeli medical startup, NanoVation, for accelerating the development of its high accuracy respiratory monitor and for launching initial marketing efforts in the EU. The investment is part of the EIC’s strategy to identify and support high impact startups and small companies and assist them in scaling up game changing technologies.
Bia Care has launched its virtual clinic to improve menopause care by combining technology with personalised treatments. The remote care solution ensures that women are provided with the knowledge needed to control their symptoms, access clinically-validated treatment options, and are given the ability to share their experiences in a confidential setting.
The Government’s policy on face-masks will create ‘misery and confusion’ for workers using trains, a transport expert said today. Dash Tabor warned Boris Johnson’s plan to scrap mandatory coverings may also lead to millions of employees steering clear of public transport.
