For years, if not decades, being a ‘woman in tech’ has been seen as the exception to the rule and for many, a career path that’s littered with challenges. According to a Women in Tech report from PWC, only 5% of leadership positions in the tech sector are held by women, a paltry 3% of females say a career in tech is their first choice and only 16% of females have had a career in tech suggested to them (vs 33% of males).
As part of the ‘Pandemic Response Projects’, 62 new innovation projects bringing together 212 partners from 25 countries are developing solutions directly tackling COVID-19 related challenges. The ‘Venture Support Instrument’ is supporting 145 startups, scale-ups and SMEs from 23 countries that have been enormously impacted by the COVID-19 crisis.
As the Government’s CBILS initiative draws to a close this month, two British fintechs Ebury and MarketFinance, have joined forces to ensure SMEs across the UK are able to quickly access the emergency lending. MarketFinance will offer both its CBILS loans and revolving credit facilities to Ebury’s UK SME base to support them with their business finance needs.
Manufacturer of custom-made GaN-on-SiC epitaxial wafers for components and devices for telecom, satellite, defence and power electronics, SweGaN has announced that the company has been named for the 2nd year in a row to the Ny Teknik (New Technology) “33 List” of Sweden’s most promising and innovative young companies. This year’s contenders included 270 companies.
Is the education system equipping young people with the skills to succeed in a fast changing labour market? A new report from The Entrepreneurs Network argues that as children return to schools after lockdown, students as young as eleven should have the opportunity to learn about entrepreneurship in order to develop the skills and mindset necessary to prosper in the modern economy.
The Business for Peace Foundation has announced the 2020 Oslo Business for Peace Award winners. The Honourees are: Marc Benioff, Founder, Chair and CEO of Salesforce; James Mwangi, Chairman and CEO of Equity Group Holdings and Felicitas ‘Joji’ Bautista Pantoja, Co-founder and CEO of Coffee for Peace.
UK-based quantum photonics startup, AegiQ has announced that it has secured a total of £1.4m in funding from Innovate UK to develop secure quantum communications for fibre-optic and satellite based applications. AegiQ will join a global pilot project to provide scalable, high performing semiconductor technology for next generation telecoms.












