Ten largest unicorns in the world hit over $560bn value

When the term unicorn emerged back in 2013, there were only 40 private companies with a valuation of $1bn in the world. Since then, the number of these financial giants jumped 12.5 times, reaching around 500 in September.

Emirati startups introduced to Israelis at Ourcrowd-Emirates Angels Event

OurCrowd and Emirates Angels Investors Association held an online event which gave Israeli investors and entrepreneurs their first glimpse of the tech opportunities available in the United Arab Emirates. UAE Tech Investment Landscape: Introduction for the Israeli Ecosystem, broke records with over 2,000 registrants who were able to hear from some of the Emirates’ top business leaders and officials talking directly to Israelis for the first time.

10 crucial tips for Covid-proofing your business

Many entrepreneurs’ daily focus has gone from doing business as usual to doing everything to fight for survival. It’s not easy to run a business during times of COVID-19, especially when you’re in an industry where you rely on people physically coming in. Mike Jordan, CEO of Summit Defence, has put together ten tips to make sure your retail business or restaurant is COVID-proof.

Workers give over 1,000 unpaid hours a year to their employers

Millions of Brits give up more than a month of time each year by working additional unpaid hours, totalling five years over their working life, research reveals. In a poll conducted by Hitachi Personal Finance for this year’s National Work Life Week, data reveals exactly how much time Brits are spending working past their contracted hours and what else the nation could be doing with this time.

Local loyalty built to last: How the Pandemic has unlocked a new customer base for small businesses

During lockdown in the UK, there was no question that SME businesses and local traders were hit hard. Around 80% of small and medium-sized enterprises in the UK have seen a revenue impact in the last few months, due to the impact of the COVID-19 crisis and the subsequent lockdown.

A third of customers would ditch companies after just one poor experience

A third of UK customers would ditch companies after just one poor experience, according to research conducted by SAS. Meanwhile, 90% of customers would abandon companies after just two-to-five poor examples of customer service, before moving to competing brands. The research shows that, despite disruption caused by COVID-19, customers’ patience with companies offering a poor customer experience is running thin.

Investor training scheme to open up venture capital to minority groups

A new executive education course for the venture capital industry, aimed at getting more under-represented groups, especially women, Black, Asian and other minority candidates into the sector, has launched with a mission to find the investment professionals who will shape Europe’s next generation of tech unicorns.

Edinburgh Business School incubator delivers 48 jobs and £1m turnover

Early-stage companies based in the Edinburgh Business School (EBS) Incubator at Heriot-Watt University have created 48 jobs and generated a combined turnover during their incubation period of £1,051,464, a new report reveals this month.

UK’s affection for small business greater since COVID-19

A new global study has revealed the extent to which the UK values its small businesses, highlighting the depth of goodwill and the strength of society’s dependence on them since COVID-19.

Teamwork vs Individual Work: Which one is better?
Teamwork vs Individual Work: Which one is better?

Teamwork involves people working together to complete a task or achieve a particular common goal. In any organisation, a team works to maximise effectiveness in the company and raise the morale, creativity, planning, efficiency, initiative as well as learning.

Techwuman STEM Ambassador programme

The Techwuman STEM Ambassador programme is designed to train those from the STEM industry to ‘give back’ by being role models allowing them to share their career pathways and knowledge.

Bringing transparency to fundraising founders

Landscape, a new review platform for startup founders to discover and find investment opportunities, has officially launched today. The community project, started by Founder Joe Perkins, provides transparent feedback from entrepreneurs on their experiences with European venture capital firms and accelerators. To date, Landscape has received almost 700 reviews in its beta, with 83 Verified Partners on the platform.

The Best Laid Business Plans
This article is part 2 of 10 in the series Lessons Learned from 2020

The first lesson to be drawn from 2020, and undoubtedly the biggest lesson, is that the future is unpredictable. All of us in our personal and business lives try to predict the future to some extent, as this is what enables us to lay plans for the future.

Fitness technology company secures £7.7m in Series A funding

JAXJOX, the global fitness technology company known for its innovative workout equipment and platform, has announced that it has secured £7.7m in a Series A round of funding with investors Dowgate Capital Ltd. and entrepreneur Nigel Wray, bringing total funding raised to date £13m.

What is the difference between traditional ‘change management’ and employees first ‘change management’?

Over 60% of organisational change initiatives fail, but change itself isn’t the stumbling block. Change is common and natural, even inevitable. Seasons change, people change, mountain ranges change — yet successful change management remains a lofty, even insurmountable challenge for many organisations. Over 60% of organisations view change as something that should not be desired, something that should be dreaded; so many leaders within organisations fight hard to create sustainable/practicable practices, systems and functions with change being the last thing they desire.

New $60m venture capital fund to invest in 120 MENA startups

A new $60m venture capital fund led by an ex-Google executive and Silicon Valley venture capital firm veteran will invest in 120 early-stage startups across the MENA region amid an anticipated boom in tech post-COVID.

A Quarter of Brits have launched their own business

Coutts, the wealth manager and private bank, has released the findings of its inaugural Coutts UK Entrepreneur Index (CUEI), outlining the level of entrepreneurialism in the UK as well as the desires and barriers that they have faced when starting their business.

Startup Summit finalists: CyberShell
This article is part 4 of 7 in the series Startup Summit

CyberShell provide comprehensive and understandable support and education of cyber-threats(Interactive application security testing-IAST) to software development team to prevent and mitigate cyber-threats. They give their clients confident and resilient in the digital age against cyber-attacks with securely develop products that reduce their risk of getting hacked with competitive advantage.

Creationism: De-risking early stage investment

“The grass is always greener…”, there are many catchphrases that describe life and business, but they always seem to be in the future tense and suggest some sort of heroic journey.

Looking at Product Development and Challenges (part 1)

For any startup founder one of the hardest stages of the whole journey is developing a product to the testing phase, and then finding out if what you created can achieve what you had envisaged, and if not what changes need to be made.