Some of the most exciting and groundbreaking startups call Europe home. From Berlin to Barcelona, innovators are crafting cutting-edge solutions set to change the future. In early 2024 alone, European startups attracted more than €47.3 billion in investments, including €18.7 billion in debt funding.

Both big business and startups have much to bring to the table when it comes to supercharging the energy transition. Massimo Muzzì, Head of Strategy, Business Development and Sustainability at ABB Electrification, explains how taking the best of both worlds can lead to genuine progress.

The UK is a world leader in producing fast growing, ambitious entrepreneurial businesses. According to analysis from the ScaleUp Institute (SUI), the country ranks fourth globally in terms of number of scaleups per 100,000 population, with half of these ambitious businesses operating and thriving on a global scale. 

It’s hard to start an innovative business on your own. Notably, 90% of startups fail due to insufficient experience, poor market fit, or a lack of resources. That is why many founders and entrepreneurs go to investors and venture funds to secure at least one form of the future – financial. However, is it all the startup needs?

In today’s digital age, with over 8.2 billion people in the world, 5.8 billion mobile users, 5.5 billion internet users, and 5.2 billion social media users, standing out in an increasingly crowded marketplace is no small feat. Entrepreneurs are faced with the challenge of not only competing against established global brands but also cutting through the noise of millions of voices on social media platforms. Traditional advertising is becoming less effective, and trust in businesses has declined for 15 consecutive years. With nearly one billion consumers using ad blockers, it is clear that the way businesses connect with consumers has fundamentally changed.

In an age of distrust, it’s more important than ever for your business to cultivate a strong reputation for reliability, honesty and trustworthiness with consumers, as trust in particular impacts brand engagement. The latest research by Trustpilot found that over four-in-five (82%) agree that a strong Trustpilot score makes them more likely to trust your brand, and a further 83% say it increases their likelihood of making a purchase. 

As we bring in the new year, it’s natural for small businesses to approach this time with high hopes and fresh ideas, but all too often, we see business owners falling into the same traps that not only slow down progress but hold your business back. By recognising these common mistakes and using tools like STEAMhouse’s Outcomes Driver Tool, business owners can start the year with a renewed sense of clarity and purpose to innovate better.

Habits shape our daily lives – from the ones we're proud of to those that come naturally, and yes, even the ones we keep quiet about. A well-known habit is the famous "5 AM club" of business leaders. Back in 2013, The Guardian reported that most CEOs were indeed early birds, springing out of bed at 5 AM without hitting the snooze button. However, research from the University of Westminster suggests that early risers (those up between 5:22 AM and 7:21 AM) actually show higher levels of stress hormones compared to their more leisurely-waking counterparts.

In the run-up to the Autumn Budget, UK business sentiment plummeted to its lowest figure since November 2023. This was a sure sign of how much businesses expected filling the UK’s ominous £22 billion fiscal hole to fall on their shoulders. And the subsequent tax hikes won’t have done much to change that.

Startups often begin with one person, one vision, and an overwhelming workload. The instinct? Try to do everything yourself. But let’s be clear: one person isn’t a business – it’s a job. One of the biggest mistakes founders make is cutting corners on talent, thinking they’re saving money, when in reality, they’re holding back growth, efficiency, and credibility.

Taiwan is known for its natural beauty, culture, and its many beautiful attractions such as Sun Moon Lake, Rainbow Village, and Taroko Gorge. However, looking at Taiwan through a tech lens, the country is most known for its semiconductor industry, which is the biggest in the world. According to The Economist, Taiwan makes 65% of the world’s semiconductors and roughly 90% of the world’s most advanced computer chips.

Growth is every new business’s dream. Expanding market share, increasing customer numbers, boosting revenue, and driving profit are ambitions that drive entrepreneurs. But in the quest to achieve these milestones, many businesses focus heavily on acquiring customers – any customers – because it feels rewarding and tangible.

When money is cheap, we want AI to be more human, or even more than human. Capitalists may even secretly dream of replacing their meddlesome employees with bots while claiming otherwise.  

In the rapidly evolving landscape of sustainability, startups face unique challenges and opportunities. The UK government has intensified efforts to decarbonise the nation’s electricity system through substantial investments in low-carbon infrastructure. Here we discuss the opportunity for startups to gain access to this investment.

Rachel Jones, Founder of leading anti-counterfeiting organisation SnapDragon Monitoring, gives her top tips to businesses on how to protect intellectual property from criminals.

The creator economy has recently become a very promising field, and by 2030, it is predicted to reach a half-trillion worth. Given this, it becomes unsurprising that many startups are willing to enter this dynamic area. However, it is quite different from the other sectors,  with a tailored approach as a top requirement for working with creators and ensuring their trust.

Crafting and executing a robust operational strategy can be the difference between a promising startup and a thriving, sustainable business. Operational strategy is not just a buzzword but the backbone of efficiency, scalability, and long-term success. Whether in the early stages or scaling up, having a well-defined approach to operations is essential.

The account freezing order (AFO) is a legal power that UK authorities can use to hold and recover funds that they believe are connected to criminal activities. When authorities believe that certain funds are the proceeds of a crime, or may be intended for use in committing a crime, they can secure an AFO to restrict access to these funds. The AFO will freeze a bank or building society account and prevent any access to the funds within, and this can last for up to two years while investigators work to determine their source or purpose.

A little over a decade ago, the APAC payments market was lagging behind its US and European counterparts, predominantly due to a greater reliance on cash transactions and lack of payment infrastructure. Now the APAC payments landscape is undergoing a renaissance, driven by technological advancements, strong government support for real-time payments, efforts to integrate unbanked citizens into digital finance, and adaptive regulatory changes.

It may have been 5 years since the pandemic wreaked havoc, but we are still feeling its ripple effects and will do so for the foreseeable. As a businesswoman, I know how resilient founders can be when facing economic adversity, but the challenges remain, and knowing how to weather the storm and thrive in unpredictability is not a given.