Fifty percent of people currently employed are planning on looking for a new job after COVID-19, according to new research released from Hooray Health & Protection. Nearly a quarter (24%) of employees questioned said they were somewhat likely to seek a new job, 13% said they were very likely and twelve percent were pretty positive when they said they were extremely likely to look for a new job post COVID-19.
SAVORTEX has announced the launch of its ‘Smart’ Hand Sanitiser, a revolutionary hygiene product designed to help restart the office economy in a post-COVID-19 environment. The innovative product uses smart technology to deliver the exact amount of sanitiser required without touching the device, and to ensure maximum use, providing companies with peace of mind as workplaces re-open.
IW Capital has announced the completion of a £10m investment round for Transcend Packaging, providing a boost to the company in its goal to reduce consumer and industry reliance on single-use plastic by providing paper-based alternatives.
Forty nine percent of employers are planning to stagger return to work based on employees’ own health risks related to COVID-19, whilst 46% will be staggering employees return depending on how critical their role is to the business. The next most popular strategy is the creation of smaller work groups (40%), followed by changing work hours (34%), a voluntary return scheme (33%), and splitting shifts (28%).
Shanghai-based personal mobility provider, AIWAYS has unveiled the U6 ion electric crossover coupe concept ‘in the metal’ for the first time at the Chengdu Auto Show in China. With a focus on aerodynamics, intelligent technology and lightweight design, the U6 ion investigates the exciting future of the AIWAYS brand. The production version will be AIWAYS’ second all-electric SUV set to go on sale in China and Europe, with a direct-to-customer sales model in Europe in 2021.
The Entrepreneurial Sales Institute (ESI), whose mission is to support the professionalisation of the sales function through better sales education, has developed a new Entrepreneurial Sales microcredential, endorsed by Verizon Connect, to help those working in sales navigate today’s complex marketplace and gain in-demand skills.
The Czech marketing startup for home product testing, Testuj.to, for brands and e-shops has proven to be a new way of reaching customers, even during the coronavirus period. Testuj.to not only addresses customers directly, it also acquires valuable reviews for a given product or brand. B2C will never be the same again.
While car MOTs were scrapped during lockdown, taking the same approach with a business could be a mistake that leads to catastrophic consequences. Just as leaving unchecked, unroadworthy vehicles on the road is potentially dangerous, by not taking control of a business and leaving success to chance is a gamble at the best of times, but right now that approach could be the beginning of the end.
Over the course of the last three months, the private sector has undergone a seismic shift with an anticipated 531,000 businesses in the US set to go under in 2020 and a fifth of all small businesses in the UK to fail during the COVID-19 period.
As firms look to re-launch projects and resuscitate their business beyond COVID-19, the importance and value of freelancers as a critical requirement to retain skill at an affordable rate is essential for recovery. Someone only too aware of the importance of this is the CEO of The Future Strategy Club (The FSC), Justin Small; this is a benefit he has been aware of for a long time.
One of the few positive effects of the COVID-19 pandemic had been the renewed focus of the climate agenda. Over the past few months we have seen companies like BP begin to divest from their traditional oil and gas business and set aggressive net zero targets. For startups this represents a huge opportunity.
New research from Professor Feng Li, Chair of Information Management at City’s Business School has outlined three new approaches that digital innovators can take to reduce the risk of failure and seize competitive advantage in the industry.
The automated driving technology company, AImotive has announced a new investment round of $20m led by Lead Ventures, a Budapest based scale-up investor. With the fresh capital AImotive has become the largest VC-backed company developing automated driving technology in Europe, with total funding of $75m.
KegTracker is an IoT device that instantly turns kegs into smart containers. It tracks real time location, volume, temperature and motion for each keg, to create reports and insights that enable a sustainable supply chain. Since 2018, R&D has been completed, as well as a working prototype, pending patent and multiple LOIs.
An organisation supporting underrepresented Founders in London and connecting them with opportunities in tech called OneTech has launched a new Founders stories campaign to show the face of startups, and has shared an update on the work achieved by the programme since it began.
Performance marketing agency, Journey Further, has teamed up with Europe’s first revenue-based finance provider, Uncapped, to offer performance marketing support to entrepreneurs, startups and scaleups across the continent.
Global financial services provider, iBanFirst which delivers solutions across banking borders, has announced that it will continue to expand with the help of venture capital funds Elaia and Bpifrance, through its growth capital fund Large Venture.
British Patient Capital has announced its participation in Quantexa’s series C funding round as Quantexa announces the close of the round at $64.7m (£51.2m).
A startup who in my opinion is a very deserved winner, and one of the best UK Startups we have come across. If you have read the last issue you may be familiar with Tractable, a company that uses AI for accident and recovery, and although it focuses primarily on car accidents, there is potential for that to grow to cover natural disasters too.
Much like any relationship, co-founders start their journey together full of optimism and excitement for the future. Falling out is far from their minds. But, with research showing that as many as 65% of promising startups fail because of founder disputes, smart founders should put a plan in place to deal with disputes.
