Aviation specific document management system, Web Manuals is launching a freemium package for aviation startups, to boost innovation as the industry emerges from the COVID-19 crisis.
Tech Nation has announced the 30 scaleups that have been selected to join the new Net Zero programme. Announced in Alok Sharma’s speech today at London Tech Week, the companies come from across the UK and across a range of sectors including construction, agriculture, and energy.
Arguably one of the most difficult industries for a startup to break into is health tech, but often it is new ideas and solutions in the medical sector that end up being the most revolutionary.
Founders typically establish a business with one of two game plans in mind. They either want a lifestyle business and one that fits their work life balance, or they want to build a business and grow it with the ultimate goal of building something of value that they can exit when the time is right for them. For any founder seeking to raise finance for their company, or to sell it, whether a lifestyle one or one with more ambitious plans, there will always be the need for a valuation.
The return to the office has sparked some interesting debate. Our own research has found that individuals are more concerned about their work-life balance and having to commute than the impact of COVID-19 to their health. And similar themes have been explored around the attitudes of staff in different countries and why the UK is lagging with a proposed return compared to European counterparts.
RedArc is urging smaller employers to be on high alert for mental health issues amongst their staff as the government begins to encourage a wider return to the workplace. RedArc believes the more intimate nature of a small business means that management and colleagues may be better able to spot a member of staff who is struggling with mental health issues than is sometimes possible in a larger, more anonymous, place of work.
Fintech business lender, MarketFinance has secured an additional £50m from one of Israel’s largest asset managers, Viola Credit, to lend to UK SMEs under the HM Treasury and British Business Bank CBILS initiative. The announcement comes as MarketFinance launches a ‘unified application’ process in which SMEs will, through one application, be presented with a variety of finance options and be able to select those best suited to their needs.
The German software startup, DGG, has secured a total of €760K in the seed funding round to support the development and worldwide adoption of its 3D optimisation tool, RapidCompact. The investment was led by 3VC Partners, Fraunhofer Tech Transfer Fund (FTTF), Singapore-based Sobel Rand Pte Ltd, and Charlie Songhurst, former Head of Strategy at Microsoft.
Aberdeenshire startup company, Legasea, has now been nominated for three business awards in quick succession.
Birmingham Tech Week is set to return digitally this year, from 12th-16th October, offering a series of inspirational and thought-provoking events championing new technologies and modern business strategies for a changing world.
Fintech startup, Fluidly has added end-to-end funding tools to its cashflow management solution, offering pre-qualified funding options to millions of businesses within minutes.
Ten British green tech private companies with significant potential to help protect the environment are revealed in the Sunday Times BGF 10 Green Tech to Watch, researched by Fast Track.
Vertical farming, the practice of growing crops indoors under tightly controlled conditions, is continuing to expand rapidly. By using LED lighting tailored to the exact needs of the crop, alongside advanced hydroponic growing systems, and growing crops in vertically stacked trays, vertical farms can achieve yields hundreds of times higher than the same area of traditional farmland.
With the upcoming issue focusing on Women in Tech and Female Founders, we decided to speak to a few females in the industry on their journey and experiences. Starting with Franziska Kirschner, Research lead at Tractable. “When I was a child, I wanted to become a dog when I grew up. I genuinely believed that science would progress far enough that I could change species by the time I reached adulthood. Unfortunately, the world’s scientists had other ideas and their endeavours focused elsewhere, such as on making computers reason like humans.
For startups, the importance of quality professional advice cannot be overstated. While business owners are quick to seek advice from lawyers and accountants there is considerable resistance to seeking financial advice. A survey conducted by OpenMoney earlier this year, which polled 2,080 adults, provides a worrying insight into how business owners view financial advisers and the advice that they provide. We spoke to Pradeep Oliver, Partner, Cripps Pemberton Greenish who gave us more insight on the topic.
Cyprus’s tourist industry suffered a hammer blow this year thanks to the coronavirus pandemic, but the disaster has fuelled other ambitions on the island with many political leaders, financial experts and corporate players now seeing the country as an international hub for SMEs.
Fleet management software for small and medium-sized companies, Vimcar has released new research into vehicle theft and misuse in the electrical services sector. The survey of more than 1,000 UK firms identified a clear need in the sector to have greater control over its fleet, with vehicle misuse costing the industry thousands each year.
The Business 20 (B20), the official voice of the global business community across G20 members, and Business at OECD have launched a joint conceptual policy proposal that focuses on reducing barriers that firms in general and SMEs in particular encounter in their quest to participate in Global Value Chains (GVCs), as cross-border fragmentation and friction continue to impede the free flow of people, capital, goods and services.
In this era where life is fast-paced, customers’ demand and needs keep changing at a rapid rate. If your company is to consistently meet these needs, then it must be equipped to keep changing as the market dictates. In addition, competition is tough, and others are waiting to take advantage of where you are slacking off. If you are to survive the competition, remaining innovative is the only survival tactic. In fact, you should always anticipate future demands and work towards meeting them. That way, you stay a step ahead of the competition.
The East Anglian City of Ely has been labelled the worst connected city in the UK according to a study by Nomad Digital.
