A new not-for profit social impact grant scheme has been launched, the Energy for Tomorrow (EfT) campaign. This grant scheme has been created by Centrica to support and empower entrepreneurs, particularly those from underrepresented groups, who have concepts and innovations to tackle climate change, lower energy bills, and deliver real impact to people and communities.
Science, technology, engineering and mathematical modelling save lives – we see that more than ever in this C-19 crisis. We are relying on our scientists, technologists and engineers to come up with solutions, fast, to improve health and survival rates, to support businesses, organisations and the economy, to enable virtual social connection. They are essential contributors, key workers and equal among them are many, many women.
The Francis Crick Institute today announces that it is deploying a cloud-native simulation engine developed by UK start-up, Hadean Supercomputing, to simulate how COVID-19 spreads both in the body and through the wider population. The Francis Crick Institute and Hadean are working together to accurately forecast how the virus spreads in order to help governments, public health authorities and businesses make fast, informed, and in many cases, life-saving decisions.
For the majority, the word entrepreneur conjures an image of a male in his twenties or early thirties. It’s unlikely the picture of someone in retirement age would come to mind and even less likely a woman in her 60s. However, a new wave of silver start-ups is emerging and with good reason! One such disruptor is Sheila Holt. Having traded on a smaller scale for a few years, Sheila embraced her entrepreneurial spirit and began scaling her finance business, Sapphire Lending Ltd, at the age of 60.
Ingenious has announced that its Infrastructure Ventures EIS Service has led a $4m A-series investment round in Shoreline. The Norway-based startup has built an intelligent field operations and project development platform to help develop profitable wind projects by constructing and operating them efficiently using intelligent schedule optimisation and simulation.
The current pandemic has brought shock and uncertainty to businesses across the world. From global heavyweights to SMEs that are the backbone of the British economy, the question for many leaders is, how can we keep afloat during this crisis? Thankfully we live in a digital age where many businesses can be taken online. Along with government support, there are many tools that can be easily accessed to pivot during this period.
Aging is a slow process, and often a very painful one. The truth is the older we get the more assistance we need. Most of the time, the system we live in does not provide the right support for seniors. As the market continues to cater more to the younger, more digital-savvy consumer, there is a hole being created by the large retailers.
Amid the current pandemic, the economy is taking a brutal hit, and as fledgling businesses, startups have a particularly fierce challenge to keep afloat. To try and help companies that aren’t eligible for existing relief schemes during this time, such as the CBILS loan, the government has announced a £1.25bn fund to try and help these companies – including startups – survive.
A leap of faith involves having a basic belief in yourself and a fundamental trust in the vision of who, what, and where you want to be in the future. This is something that Steve Arnold, the now CEO and Founder of e-days, did back in 2016. Since then his startup has grown from a side project to a successful scaleup with over 1,500 customers across 128 countries. Startups Magazine caught up with him to find out more.
After graduating from university in 2016, I found myself working for one of the biggest tech companies in the world, Amazon. Although ironically, I was working as far away from tech in operations, managing up to a hundred warehouse staff at a time. I watched the guys working in tech and the entrepreneurs starting new ventures with envy thinking there was no way I’d be able to segway my career in that direction now that I had started climbing the corporate ladder.
More than ever, cash flow is a key issue for small businesses, and understanding it is crucial to making informed decisions at the right time. The government will be asking businesses to demonstrate that they have an understanding of the state of their cash flow as it stands, and in the future before allowing access to the grants and schemes being offered.
Skim read the annual report of a major energy company from 2010 and you won’t come across many instances of the terms: ‘innovation’ or even ‘startup’. Now, it is a different world. Even the slowest moving established energy companies (perhaps especially the slowest moving) recognise that innovation is key to survival in a changing market and that collaboration with startups is a good way to go about it.







