German startup company, Voltfang, have come up with an innovative way of bringing reused car batteries to life – by using them as an electricity storage system.

Years ago, as a younger officer who had just joined the Singapore public service, I sat in a classroom listening to a senior civil servant share his philosophy for policy making. “Policy is implementation.” He said, “what’s on paper is only as good as what is actually practiced on the ground.” It sounded like good advice; I scribbled it in my notebook at the time and kept it at the back of my mind.

This is the second of a two-part series we at Colorintech have put together on the topic of “What Early-Stage VCs Think About Traction”.

At Colorintech, we work to support underrepresented people to get into tech and be successful in tech. One of the ways we do that is by supporting underrepresented tech founders by running an annual accelerator programme, but following four editions of this, we wanted to challenge ourselves to think about how we can evolve the model of founder support.

It’s widely documented that entrepreneurship is fraught with challenges. Even the most seasoned of entrepreneurs have tackled many obstacles over their career. It is the lessons that these challenges provide which set you up for future success. These learning opportunities can be even further enriched by consulting entrepreneurs who have overcome similar hurdles. 

Business owners have to juggle day-to-day operations, finances, marketing, managing a team, legal requirements, and much more. But the harsh reality is that, overnight, their efforts can all be made irrelevant.

New businesses are launched seemingly every minute, and every business leader believes they have stumbled on the next big thing. However, the Association of Business Executives has stated that approximately 660,000 new companies are registered in the UK every year, of these, 20% will not make it past their first year, rising to almost 60% within three years.

Walt Disney’s first animation company went bankrupt before he created his entertainment empire. August Horch was ousted from his company before going on to pioneer what would eventually become Audi. Bill Gates’ traffic data measuring company failed when many states began offering this service for free

Starting and running a successful business is the dream of many entrepreneurs. Violeta Martin, VP Commercial Sales, EMEA at DocuSign explores how deploying electronic signatures can offer a genuine opportunity for growth.

Learn about WebRTC – an open framework for the web that has become one of the most popular solutions for organising online voice and video communication.

In 1962, Arthur C Clarke wrote “magic’s just science we don’t understand yet”, and it’s a quote that bears striking relevancy today. Nearly every home in the developed world is filled with a menagerie of electronic gadgets allowing cheap, easy, and near-instantaneous communication with almost anyone, regardless of their global location.

Recent Gallup analysis shows fully engaged customers will give a 23% greater share of their wallet – providing a significant revenue opportunity for businesses to compete on quality of Customer Experience (CX).

Businesses are finally beginning to understand just how vital omnichannel customer service experiences are. A customer would head into a brick-and-mortar store to make a purchase. These are single-channel customers.

Technology is something that aids our progression forward, but can it be used as a force for good and point us in the right direction as we move to the future?

With TikTok becoming one of the most used social apps, but a lot of people still thinking it is aimed more for the younger generation, are businesses missing a trick not being on TikTok?

The IT market is experiencing a crisis all over the world - the number of vacancies is declining, while the number of specialists open to new offers is steadily growing. There are many reasons for such changes in the IT market. The main now is the  Russia’s invasion of Ukraine, the economic crisis and its consequences in all spheres of our lives

There is evidence to suggest that people only retain 10% of a message when reading it, but as much as 85% when viewing a video.

By 2020, more than 220 million people around the world were unemployed. That means the global unemployment rate was at 6.5%.

The world is currently experiencing a mass shift that is caused by the pervading attitudes among millennials, or Generation Y, and Generation Z (collectively those aged 20-50) as among the most valued group of employees and customers.

Every company is struggling to attract enough talent. Despite huge pressure to fill jobs, record levels of recruitment woes globally are showing no signs of improvement. By 2030, research consultancy Korn Ferry estimates that more than 85 million jobs could go unfilled because there simply aren’t enough skilled people to take them.