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.
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.
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.
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.
Here, Startups Magazine’s Lanna Cooper speaks to former NHS surgeon, Dr Owain Rhys Hughes, who handed in his stethoscope after 18 years in medicine to tackle the UK’s broken referrals system, which he noticed was costing the NHS valuable time, money and resources and was contributing to long waiting times.
A new study, commissioned by business bank, Allica Bank has looked to quantify exactly how much UK small businesses should be re-investing to succeed post-COVID-19. The study analysed data from over 1,000 companies and ranked their success on a scale that evaluated factors including productivity, growth, consistency and outlook.
A new resource for anyone who runs their own business – or is thinking of doing so – has been launched by one of the UK’s most prolific supporters of micro businesses. The Happipreneur – Why #MicroBizMatters? is 2020’s ultimate guide for enterprising people, dedicated to helping ambitious entrepreneurs with innovative ideas to achieve happiness and success by controlling their own destiny.










