Many progressive startup founders choose to incentivise and reward their early hires with equity. The key benefits of a share scheme are that employees become more productive, more loyal, and more aligned with the company’s goals.

London-based startup, RacketPal is on a mission to help more than one billion racket sports players and enthusiasts meet their perfect playing partners. The team is excited to announce the successful closing of its first pre-seed funding round worth £150,000.

The COVID-19 pandemic has massively accelerated the pace of change in the business world. Leaders and employees have had to adapt to operate in a challenging environment, where the only certainty is change. Not only have organisations had to rapidly adjust to the changing needs of its people, customers and suppliers, but it has also navigated the financial and operational challenges. This has led to many businesses prioritising the now, focusing on reshaping its operations to stabilise revenue and align with short term demand.

No Isolation  was founded with the aim of reducing loneliness and social isolation through the creation and implementation of warm technology. Following the success of its first product, the AV1 telepresence avatar, designed to tackle loneliness amongst children and young adults affected by long-term illness, the company brought its second product, ​KOMP​, to the UK in 2019. KOMP - a one button communication device, designed to connect seniors with their wider family unit - has been bought by 3,300 families across Europe.  
 

The current financial climate is disturbing for technology founders. At the European level, we have over 300 VC funds continuing to actively invest and grant-making programmes in every country, yet founders face many hurdles accessing capital. 

With all the doom and gloom currently out there, especially for a lot of startups and small businesses, Blackstone LaunchPad powered by Techstars created the Summer Startup Fellowship this year in response to obstacles created, and elevated, by the coronavirus pandemic for current college students and recent graduates. The Fellowship program was developed in March of this year in response to the impacts of coronavirus on student job, internship, and entrepreneurship opportunities (50% - 60% of which were dropped or rescinded).

One of the biggest trends in software development has been the rise of Software as a Service (SaaS). With SaaS, vendors and customers follow a pay-as-you-go subscription model, which eliminates the large upfront payment and aligns their incentives more easily: vendors get more recurring revenue while customers are freed from having to host and maintain their own applications.

A call has been launched for applications to the Startup Leadership Program London 2021. The Startup Leadership Program (SLP) is a not-for-profit organisation which exists to support entrepreneurs on their path to success and make our world a better place. It is also part of the world's largest network of entreprenuers!

Just as monetising mobile was the biggest opportunity of the previous decade, monetising the 3D worlds is the biggest opportunity of the next decade. It’s time to get onboard. From radio to telephone, TV to desktop computer and now mobile, the last 150 years have been filled with technological progress that has transformed our private and professional lives. Today, we are approaching another media transition: spatial computing - commonly known as immersive technology, XR or VR/AR.

While more established businesses might be unnerved by the prospect of homeworking becoming the norm, startups are in the privileged position of being able to adapt to a ‘virtual’ workplace with relative ease.

Redundancy is not a modern phenomenon. Recessions date back to the year 1430 and at each occurrence, swathes of hard workers have lost their jobs.

In April 2020, the UK’s Office for National Statistics revealed 49.2% of the UK’s workforce were operating remotely as a result of COVID-19.

The Central Research Laboratory has teamed up with KPMG Emerging Giants and a group of leading VC firms to create a 3 day bootcamp for startups raising equity rounds between £300k and £3m.

Award-winning startup, e-peas, a supplier of advanced energy harvesting solutions, has just completed its latest funding round.

Made Smarter, the movement helping SMEs join the Industry 4.0 revolution, has reached a major milestone having now funded more than 100 businesses.