Welcome to a new series of articles where I will provide practical top tips on a wide range of decisions and challenges that early stage businesses have to make every day. Here I will look at everything from start up to scale up and from the more simple to the more complicated.
The technology industry is growing at a massive rate, and especially within hardware startups, there is such a large number of tech products coming onto the market every year. So how do you stand out and make sure you are seen above the rest?
As Sunak prepares to announce £2bn support package to combat youth unemployment, new research has unveiled the extent to which young professionals can contribute to the economy.
Today, many businesses are executing large-scale digital transformation efforts to keep up with the changing market demands and fast-paced competitors. In fact, a global survey conducted by McKinsey discovered that more than 80% of respondents stated their organisations have undertaken such efforts in the past five years.
There is some light at the end of the tunnel for small businesses. As the lockdown continues to ease many retailers and hospitality businesses are now opening up again, or preparing to return soon.
Sage has launched new research revealing 62% of Small and Medium sized Enterprises (SMEs) have made or are planning to make redundancies following the COVID-19 pandemic. This equates to 1.4m jobs at risk if the Government fails to take decisive action now.
A team of entrepreneurs just awarded $16.9m in Business Scholarships to help local entrepreneurs and small business owners across North America and Europe, and they’re not stopping there.
Tractive, a company which has designed a GPS tracking for cats and dogs, has announced the launch of a new activity monitoring feature, allowing pet owners to ensure that their pets stay fit, as well as safe.
Re-skilling Britain’s workforce for the economy of the future has acquired a new urgency post lockdown, as COVID-19 has dramatically accelerated long term trends towards digitalisation and distance working.
F3 Tech, a commercialisation program for early-stage companies, has announced its 2020 F3 Tech Accelerator Program will provide funding and executive support for portfolio companies to expedite commercial sales and prepare them for potential investment or acquisition.
Fashwire is a mobile and web marketplace for discovery where you can shop directly from over 300 fashion brands from over 33 countries you know and love and discover new ones from all over the world. Fashwire is changing the way we shop on our phones. By connecting consumers directly with brands all in one app, and it also allows brands to curate, create, and control all product and content in their profiles, which is different from a traditional retail model.
Bagboard, the creation of former credit trader Ben Ayres, and advertising executive Ashleigh Bishop, are launching a crowdfunding campaign to raise funds for the first sustainable rewards scheme that marries major brand campaigns and environmental impact, with a mission to make sustainable shopping the norm.
It’s always refreshing when policymakers break with the status quo and do something genuinely left-field and unexpected. The current pandemic has certainly produced its fair share of bold initiatives. In the UK we’ve just had the announcement of Government-subsidised meal deals throughout August to boost the ailing hospitality sector. And, sitting slightly higher on the impact scale, earlier this month the French Government announced that it was making tax credits available to any citizen prepared to take out a subscription to a current affairs newspaper or magazine.
As lockdown restrictions begin to ease, SMEs need to look into engaging potential customers immediately in order to drive sales and awareness in the difficult months ahead. As the majority of the public continue to live and work remotely, however, companies must seek out new methods of marketing in order to attract better engagement. The online space has, thus, become crowded with brands attempting to cut through noise to truly make an impact on consumers.
Even in the bleakest of times, entrepreneurs have found a way to innovate and create disruptive products that have enhanced our daily lives or solved a problem. Take the humble chocolate chip cookie, baked for the first time after the Great Depression. During a period of severe economic hardship, this new treat offered some richness and comfort and remains immensely popular to this day.
The Future Fund is the UK Government’s funding scheme designed to assist early-stage, high growth firms across the UK meet the challenges posed by the Covid-19 pandemic.
A few years back, there was a two-day tube strike in London. As with most tube strikes, it forced stressed commuters to change up their route into work at short notice. When it was all over, economists who looked at Oyster Card data made a surprising finding. About one in twenty commuters who changed up their route on the days of the strike stuck with their new route.
What’s sexy about financial technology? When I joined a fintech startup called Littlepay, I could see some of my friends and peers struggle with why I had left an uber-cool venture role to do something they didn’t understand in the fintech space.
Whilst the UK implements strategies to gradually return to life as normal, the question on everyone’s mind is how we plan to do this safely and effectively. With the process of working from home potentially coming to an end in the foreseeable future, regardless of what sector individuals work in, new safety precautions are essential to put in place to ensure the health and safety of employees and customers remain strong.
A host of small businesses from across the country have been crowned winners at this year’s Small Awards, which celebrates the smallest and greatest firms in the UK, across all sectors.
