If we learnt anything from the past year it’s that having control over cash flow is the cornerstone of business health. The impact of COVID and other external factors like Brexit mean that things are constantly changing for small businesses, meaning they have to continuously adapt. This means that you will need to consistently map your cash flow and review your forecast as things change. For example, things like furlough coming to an end in April will need to be factored into forecasting.
A new app that encourages people to make small but impactful changes to their lifestyle has launched in the UK, guided by behavioural science and designed to instil habits beneficial to the planet. The app, called Ailuna, allows users to be more aware of their environmental impact, and take science-backed steps to a greener lifestyle.
The world’s first causal AI platform, created by deep-tech scaleup causaLens, is being leveraged by financial services companies (including Aviva Investors, 2IQ, TIAA, CLS Group and a plethora of prominent hedge funds), to automatically extract valuable causal insights from financial data and boost the profitability of their trading strategies.
As part of its Next Innovation with Japan project (Project NINJA), the Japan International Cooperation Agency (JICA) is expanding its startup accelerator program (NINJA Accelerator) to Kenya, scheduled to take place in Nairobi on 7th April, 2021, in partnership with the Double Feather Partners (DFP) / Deloitte Tohmatsu consortium, and GrowthAfrica.
If this pandemic has taught us anything, it’s that change and disruption on this colossal scale, really has the potential to highlight the pros and cons of big business vs startups. While the startup cons no doubt include a vulnerability to externalities, through factors such as short cash flows and unreliable customer books, the flip side is the flexibility with which to grasp the new opportunities.
As we enter a second year of the COVID crisis, many founders are struggling to manage their finances amidst falling revenues and enforced redundancies. Whilst government support is being made available to businesses, there is plenty of uncertainty about the future and how to navigate through serious economic volatility.
Israeli agri-tech startup, Edete Precision Technologies for Agriculture is due to begin commercial scale field trials of its artificial pollination technology in almond orchards covering dozens of hectares in the Australian state of Victoria. This follows the signing of an agreement with one of Australia’s largest almond growers. The field trials are due to commence in August when the almond trees begin to blossom.












