The international outlook for R&D is remarkably promising despite strong headwinds, according to research released today by Ayming Group, the business performance consultancy specialising in innovation. Ayming’s second annual International Innovation Barometer (IIB) reveals that R&D departments are being empowered by the creation of innovation ecosystems, new funding methods, and the deployment of technology.
Aledia, a French startup that is pioneering a disruptive technology for microLED displays, has closed an €80m first tranche of its €120m D round financing. The company will use the proceeds to complete its product development and create the first-of-its-kind, high-volume 3D microLED manufacturing facility in the Grenoble area for an estimated capex of €40m (excluding equipment).
As with every sector, the sports industry has been greatly affected by the COVID-19 pandemic. The after effects will no doubt continue to reverberate for some time to come even once we emerge from this global health crisis. However, sport is unique in that it plays a different role to many other activities in life; it provides a space for people to come together for rituals and traditions, often harking back for generations.
The Gift Card & Voucher Association (GCVA), supported by the British Retail Consortium (BRC) and the Association of Town and City Management (ATCM), has urged Government to take action to save the high street, in a move that could safeguard thousands of jobs and add £2bn into the high street economy.
As we enter the last quarter of 2020 I thought that it would be useful to take a look back at this extraordinary year and see what lessons can be learned from these truly remarkable circumstances. It has, after all, impacted on every business around the world in one way or another. Indeed, the impact has been so great that business, and the way that business is done, will never be the same again.
In my previous blog, I considered the steps necessary for business leaders to close the gap between rhetoric and reality on racial equity at work. This time, I wanted insight on what is actually happening on the frontline. I sat down with award-winning business strategist and founder of The Black British Business Awards, Melanie Eusebe. She has risen to the upper- echelons of the corporate world, and in our broad conversation offered her perspectives on corporate responsibility, solidarity, and how we sustain the current momentum.
James Endersby, CEO at Opinium said: “The loosening of restrictions over the summer allowed many businesses to make a start on the road to recovery – this has halted in September. The reimposition of restrictions for millions of people across the country has had a marked impact on the UK’s economic recovery, as well as the levels of optimism with regards to businesses’ future outlook.”
To mark the start of the new academic year, OVHcloud is launching its 2020 Startup Program with applications open now. Created in 2015, the programme has already supported more than 1,800 young companies around the world (including Ant Media and Global Data Sentinel) through an investment of over £5.5 million in infrastructure credits and development support. The launch of the 2020 programme reaffirms OVHcloud’s commitment to supporting young companies that put the cloud at the heart of their business model.











