For too long successful lobbying has been the exclusive realm of companies and organisations with deep pockets. That is about to change with the launch of PolicyMogul, which provides free access to political updates, parliamentary proceedings and the wider policy-making environment via a feed, powerful search tools and email alerts.
Intellectual Property firm, Mathys & Squire has announced the launch of its Scaleup Quarter, a one-stop microsite resource focused on smaller and growing businesses, including startups, scaleups and SMEs, to harness their passion and energy for innovation and provide crucial IP services that are dynamic and energetic, adding value and supporting businesses as they grow.
What qualities make an entrepreneur? What character traits are typically seen in entrepreneurs? Are these qualities and character traits something that they are born with or do they change over time? Can they be learned? Is it nature or nurture? Whatever the answers, it is certainly true that some people take to being an entrepreneur naturally whilst others would be so far out of their comfort zone that they would never even consider the idea.
As part of our 'Women in Tech' focus we got the chance to speak to Lisa Krapinger, CMO at breathe ilo, who started working in marketing at Red Bull, leading the sampling and promotion team in order to combine her passion for sports with her career. Krapinger then moved to Heineken in brand management, where she was responsible for promoting the cider brands in Austria through sponsorships and events. Krapinger said: "What I realised from these two roles was that I loved working to build new brands and products up from scratch - hence why Carbomed Medical Solutions GmbH was the perfect next step in my career path."
Whether it’s a natural disaster, global health pandemic or economic downturn, businesses are inevitably going to encounter some unexpected circumstances that are out of their control. It’s not always straightforward for companies to keep operations running smoothly during these unprecedented times, but the highest priority should be to nurture employees and support the company culture. But how do organisations invest in the business culture, while still taking care of the company’s changing needs?
Tech startup, Clear Review has announced the launch of its new Performance Management Academy, an innovative online learning platform that will make the practice a critical part of all businesses. Providing the latest courses, exciting events, and a supportive community, the Academy will deliver help, guidance, and networking opportunities to anyone involved in performance management.
We’re living through a time of economic uncertainty, so it’s no surprise that money worries are responsible for a high level of stress and anxiety right now. Financial concerns can have a huge impact on an employee’s performance and productivity levels at work and employers therefore have a duty of care to their people when it comes to financial wellbeing.
A new study, commissioned by business bank, Allica Bank, shows that an SME’s attitude and approach to innovation is the clearest indicator of whether that business will be successful. As such, the Bank is urging all businesses to be open to improving their products and services, as the British economy works to recover post-COVID.
A deep-tech company predicting and optimising the global economy called causaLens has released the first causal Artificial Intelligence (causal AI) enterprise platform. Businesses no longer have to rely on curve-fitting machine learning platforms unable to handle the complexity of today's world. They are invited to join the real AI revolution with a platform that understands cause and effect.
Every business needs to constantly assess what it sells, to whom, and how it sells it. It also needs to constantly assess the market and its competitors, as well as attempting to forecast future trends in demand and technology. All of this is quite a task in normal times when events move in a predictable way and in a linear timescale.
UK-based social media and creative boutique for women, WE ARE F is celebrating the launch of its sister agency, WE ARE FEMALE ATHLETES. This powerhouse of female talent and global stars will represent, manage, and fight for, the underrepresented athletes at the forefront of the women’s sporting movement.
An organisation supporting underrepresented Founders in London and connecting them with opportunities in tech called OneTech is expanding its efforts to support and diversify London’s entrepreneurial community. Addressing systemic racial and economic barriers to entrepreneurship highlighted by the COVID-19 pandemic, in collaboration with JPMorgan Chase.
In 2013, four years after having my first child, I finally waved farewell to the prospect of high value, full-time employment in the digital advertising sector. Juggling a client in Asia (early mornings), a client in North America (late nights), a workplace culture dominated by presenteeism, the needs of a pre-schooler and a four hour round trip commute, something had to give. And that something was me.
Israel’s Touchless.ai has started to deploy a voice solution that turns any interactive kiosk into a voice-activated touch-free interface. The solution was specifically designed to overcome the problems of commercial environments: accuracy in noisy conditions, complexity for users, and significant cost and time needed to adapt for each business.
I set up SimplyHair in 2013. I was working alongside my husband, Pip, to grow digital marketing agency, digitalbeans and also juggling a role in customer services and a side business as a mobile hair extension stylist when I realised how poor online purchasing experiences were in the hairdressing trade.
Written by Amy Filippaios, Founder of ecommerce wholesaler, SimplyHair and Creative Director at digitalbeans
As we carry on focusing on female founders and women in tech ahead of our next issue, we decided to catch up with Lindsay Gledhill, a partner at UK law firm, Harper James Solicitors. Lindsay heads up the Intellectual Property (IP) team. She has specialised in IP exploitation and dispute resolution since 1997. It has made Lindsay the go-to lawyer for IP-rich firms who wish to protect and exploit their proprietary technology in fast-growing and international markets.
The Government’s furlough scheme has saved an estimated two million jobs and helped protect tens of thousands of startups and SMEs from closure. However as the clock ticks down to the end of October, the point at which the scheme will end, many businesses are now understandably concerned about what will come next once this provision is taken away.
Minecraft has signed up to use a spatial simulation engine that is so powerful it is also being used in the fight against COVID-19. Created by supercomputing startup, Hadean, Aether Engine is being made publicly available for game studios of all sizes, from independent developers to AAA game studios, with Minecraft developer Mojang Studios as its first global partner.
Tailoring your marketing efforts to a global audience can be a perfect chance to expand your business and reach prospective clients that may not otherwise learn about your products or services. Targeting a global audience, however, requires having an in-depth understanding of regional laws, cultures, and purchasing behaviours. Here are four clever ways to market your business abroad.
A platform for workplace safety and quality, SafetyCulture, has acquired EdApp, a mobile training solution. EdApp currently delivers approximately 50,000 lessons per day across over 90 countries. The acquisition will enable millions of workers across diverse industries to access world-class micro-learning resources, free of charge.
Phos, the fintech behind the software-only Point of Sale (SoftPoS), and Stanchion Payment Solutions, a global specialist in payments systems and integration, have announced a partnership to enable payment processors and banks to accelerate the time to market of innovative contactless payments acceptance solutions for European merchants.
Startup founders and investors, especially in Silicon Valley, often talk about scratching your own itch as a way to reach the highly sought-after product-market fit, which will then accelerate your company to greatness. It’s likely that your problem isn’t unique, the theory goes, so by solving it you could stumble upon an idea for a product that could help thousands or even millions of people.
A new study, commissioned by business bank, Allica Bank, shows that the practice of regular training correlates strongly with high performance in SMEs and will be vital to businesses’ prospects of a swift recovery post-COVID. 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.
In the current turbulent economic climate, many startups will be faced with financial challenges. In many sectors and industries, employers have not seen a return to pre-lockdown customer demand. That being the case, the starting point is to think about what your structure will look like for this new normal?
W2 is Wincanton’s digital innovation programme for developing products and services across all sectors of the Group to drive sustainable value in the supply chain. Under the W2 umbrella, W2 Labs aims to reach out to both startups and existing partners to bring fresh thinking to the supply chain, help us respond intelligently to business change and develop agile, flexible and potentially transformative solutions that improve Wincanton's customer offering.
One thing that every early stage business should produce is a pitch deck, whether they are looking to raise external funding or not. A pith deck is typically a 15 to 20 page very simplified business plan set out in a PowerPoint type format. Its purpose is to succinctly outline all aspects of the business to any outsider. Just like a business plan, producing a good pitch deck is a good exercise for any founder in refining the business itself, and considering all aspects clearly and objectively.
When should leaders invest in homegrown talent or go headhunting? Is there a place in a team for driven but disruptive employees? Is leading with transparency always the right way? These questions and more are tackled by former England football manager, Kevin Keegan OBE and BigChange founder, Martin Port in a new series of video interviews launched today.
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.
It’s been a tough year for many sectors, and perhaps none more so than retail businesses. The COVID-19 pandemic seems to have accelerated what many considered inevitable: the move away from traditional, physical store shopping to online-only models. With once High Street stalwarts such as Marks and Spencer, John Lewis and Harrods announcing closures and job losses, it seems that the retail sector is about to undergo a huge shake-up - one where businesses will need to be innovative to survive. We caught up with The Shirt Society, a Manchester-based startup, which is the brainchild of local businessman Matt Bird, and has already been backed by renowned tech entrepreneur Scott Fletcher MBE.
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.
As the Founder/CXO of a startup, your other title is CFFO, or Chief Fire Fighting Officer. You don’t have time to attend a one-day workshop to solve a current problem in your business, let alone read a white paper on the topic. You need quick reads that provide you with answers to your problems now. And that is the purpose of this article.
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.
These days, most businesses rely on just a few short, daily peaks to bring in most of their money. In order to do that, customer service needs to be top-notch. This starts with having great people and enough of them on the floor when things pick up. That is where Stint comes in, it helps companies to work smarter by connecting students with high street and hospitality businesses needing to fill shifts at peak times. We caught up with the two co-founders and learnt some more about the startup!
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.
With the upcoming issue focusing on Women in Tech and Female Founders, we decided to speak to a few females in the industry on their journey and experiences. Starting with Franziska Kirschner, Research lead at Tractable. "When I was a child, I wanted to become a dog when I grew up. I genuinely believed that science would progress far enough that I could change species by the time I reached adulthood. Unfortunately, the world’s scientists had other ideas and their endeavours focused elsewhere, such as on making computers reason like humans.
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.
For startups, the importance of quality professional advice cannot be overstated. While business owners are quick to seek advice from lawyers and accountants there is considerable resistance to seeking financial advice. A survey conducted by OpenMoney earlier this year, which polled 2,080 adults, provides a worrying insight into how business owners view financial advisers and the advice that they provide. We spoke to Pradeep Oliver, Partner, Cripps Pemberton Greenish who gave us more insight on the topic.
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.
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.
The sporting legend and seasoned business advisor, Sir Clive Woodward, will teach a new live and interactive course on team growth and development, to help combat the 95% failure rate for tech startup businesses in the UK. He will be working with an up-and-coming online-learning platform, which aims to flip this staggering stat by addressing the critical knowledge crisis affecting marketing and sales professionals in tech companies worldwide.
European VC funds are raising a record amount of capital in recent years - $13B in 2018 with over 40% going into funds greater than €250M. Venture is not only a vital source for startup companies to achieve growth and create value through innovation - it is key for the overall economy. In essence, it is a two-sided business, where exceptional founders are matched with capital. While a lot has been said and written about the ‘front’ facing side of the venture industry, how do venture capital firms emerge and raise their funds?
Technology startup inploi has launched a string of new features adding tens of thousands of job opportunities to their platform and positioning it squarely as the professional community to connect the New Collar Workforce with companies that want to engage and hire from this demographic. inploi notes that 82% of their user base does not have a LinkedIn profile.
OVHcloud have announced a brand-new Hosted Private Cloud range, with the release of the first product in the suite: Hosted Private Cloud Premier. The new product addresses the strategic needs of large organisations for performance, security and isolation and location of their data, while at the same time offering competitive pricing.
Tech Nation, the growth platform for tech companies and leaders, has launched its Unlocking Global Tech report, assessing the value of UK digital tech exports and exploring the opportunities and challenges for digital tech companies to expand and scale in different regions around the world post COVID-19.
We are in the year 2020, which means a lot of things. However, one major transition more people are turning to is sustainability and a meat-free world. Not just giving up meat as a food, but all animal based products, however, this can prove difficult when it comes to clothing and the fashion industry.
On 1st September, Electronic Specifier will be bringing the latest products and technology trends together at the ‘Electronic Specifier Expo’. Attendees of this virtual event will have the opportunity to hear from a wide variety of industry experts who will be sharing the latest products, technologies and solutions in the industry, as well as contributing to an informative programme of webinars and motivating talks.
UK fintech R8 is rebranding as Mode in order to bring together the Group’s separate businesses under one common identity. Mode has also announced the appointment of ex-Alipay executive, Rita Liu, to the leadership team. Rita will help advance the Group’s vision of transitioning the world to a truly digital financial system that reduces friction and costs for consumers and merchants, and that gives digital assets the place they deserve in today’s modern economy.
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.
Phos, the fintech behind the first-ever software Point of Sale (POS), has today announced the extension of its partnership with Mastercard to introduce their innovative mobile payment solution. 12,000 small businesses across 12 European countries will now be able to accept contactless payments using their Android mobile devices, with this number set to increase over the coming months. This will allow merchants to digitalise their payment processes and offer more payment options to their customers, with the potential to drive sales and grow their businesses.
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.
Santander UK is currently running the Santander Universities Emerging Entrepreneurs programme for 2020, bringing together budding entrepreneurs from across the UK and offering them start-up support as well as a chance of receiving up to £30,000 of funding at a virtual pitching competition final in September.
Local businesses are core to our communities, but the impact of COVID-19 has been tough on business owners and the surrounding community. As part of Google’s commitment to supporting local businesses in the UK, new research conducted by YouGov on behalf of Google has been released today which reveals the positive changes in people’s connections to their local community sparked by lockdown and that up to date online information is key to reigniting consumer confidence.
Five startup businesses have won a year’s access to a new online finance training platform from a Yorkshire-based finance management firm. The wins are part of a competition which launched Mellor Financial Training’s virtual training platform, established to offer an on-demand digital system specifically designed to be consumed online.
As we continue to work towards the government’s net zero emissions by 2050 commitment, businesses are naturally becoming increasingly aware of the need to be more eco-friendly. Other strategies, such as the Clean Growth Strategy, which aims to promote economic growth at the same time as decreasing emissions, mean that the focus on having a positive effect on the environment is now higher than ever.
Online streaming giant Netflix, which has over 150 million paid subscribers in over 190 countries, collects data from its users. Using advanced analytics to understand customer behaviour and buying patterns, the company makes extremely relevant customer recommendations, helping it achieve an impressive 93% customer retention.
With heat-based illnesses such as heat stroke, current medical care often consists of an immediate emergency ice bath. However, an ice bath is anything but portable, and so Matt Anderson, Founder of Cryogenx, came up with a solution to help aid heat stroke or similar illnesses by essentially transporting the ice bath to you, which turns out can be lifesaving.
Nottingham-based electronics design and software engineering consultancy, Ignys recently celebrated their 3rd anniversary after moving into their new premises on Nottingham Science Park. East Midlands entrepreneur, Richard Fletcher set up Ignys in 2017 to provide the product development industry with an extra resource.
Xero has announced the acquisition of Waddle, a cloud based lending platform that helps small businesses access capital through invoice financing. The acquisition aligns with Xero’s strategy to grow the small business platform and to address critical small business financial needs. Waddle’s cloud lending platform, combined with small businesses’ invoice data, will enable the delivery of tailored invoice financing solutions.
It's no secret that the fintech sector is booming. Here, Startups Magazine speaks to David Nicol, CEO and Co-founder of fintech startup, LedgerEdge, which is providing a new ecosystem for the exchange of data and assets in the corporate bond market, on the challenges of launching a new firm in this sector.
According to the World Allergy Organisation (WAO), 2.5% of the general population is allergic to one of more foods, while up to 10% can manifest adverse drug reactions. This is just one example of why in highly regulated industries, such as food or pharmaceutical manufacturing, it is particularly important to protect consumers by ensuring that items are properly packaged and labelled.
Remote working has been in the technology ecosystem for many years. I have personally been doing partial remote work for the last ten to twenty years and what I have found is surprising. Most individuals are not used to this style of work which is accelerating a nationwide transformation of company culture.
COVID-19 has drastically changed the landscape for businesses across all industries, forcing immediate changes - but ones that will have long term consequences. In the newest report by Lux Research, 'The Impact of COVID-19 on Tech Innovation', Lux outlines five key trends that will define how the world beyond the pandemic will be different.
A few years ago, journalists at The Daily Telegraph arrived at their London office on a Monday morning to discover that ‘Occupeye’ sensors had been installed over the weekend on the underside of each of their desks. The management team defended the installation ‘…as part of the Telegraph's commitment to green energy measures,’ claiming they were simply conducting a four-week study aimed at optimising the building’s use of lighting, heating and air conditioning. The study’s subjects were not impressed.
Ask anyone which location they’d associate with startups, and my money would be on “Silicon Valley” being their answer. But in the past few years, global investors have been shifting their collective gaze to Europe. Forbes reports that the first half of 2019 broke the record for tech investment in Europe: £17.2bn was invested in the continent’s tech startups. Similarly, Europe was pretty much on par with the United States when it came to the existence of startups backed by venture capitalists.
Bagboard, the creation of former credit trader Ben Ayres, advertising executive Ashleigh Bishop, and startup specialist Charlie Ayres, has hit over 100% funded with 13 days remaining. Bagboard marries major brand advertising campaigns and environmental impact, with a mission to empower consumers to use their collective spending power as a force for good.
Online investment platform, Seedrs has announced record-breaking activity levels on its Secondary Market, following the introduction of variable pricing in the August trading window. The introduction of variable pricing offered sellers the opportunity to list their shares at either a premium or a discount of 10%, 20% or 30%, relative to the mark-to-market share price and was developed in consultation with Seedrs entrepreneur and investor communities.
Investment syndicate, Equity Gap is celebrating 10 years as one of Scotland’s most successful angel investment groups with record investment figures and a healthy pipeline of new deals. Meeting the challenge of COVID-19 head on, the syndicate completed 22 investments in the first half of 2020, with total member funds invested since inception topping £20m.
Coronavirus has caused businesses around the world to face the most impactful shake up in traditional operations many of us have ever experienced, one person who knows a lot about businesses is Business Development Director at The Translation People, Alan White, so Startups Magazine spoke to him about the current climate.
The coronavirus crisis and the impact it has had on businesses and financial resources has made the prospect of growing a business seem like a distant reality for some organisations. But for British small and medium-sized B2B organisations, Brexit is an opportunity to look beyond the EU to new geographies.
Otter.ai announced today the launch of Otter for Events - a new collaboration service that completely changes the virtual and offline events experience for organisers and audiences alike. With Otter Live Notes’ AI technology fully capturing event conversations and turning them into highly accurate interactive, collaborative transcripts in real-time, this offering provides a wealth of previously untapped benefits and value. It is targeted at any organisation hosting a virtual, live, or in-person event - no matter the audience size.
Funding has increased by a staggering 940% for UK cyber security startups since the beginning of lockdown - with £496m being raised in the first half of 2020, almost outstripping the 2019 total of £521m. Investors have been quick to put their money towards startups specialising in cyber risk management, as the pandemic forced CEO’s to look beyond just financial or regulatory risk.
A tech entrepreneur who created the world’s first truly wireless earbuds with live voice translation has pivoted during lockdown and used his global manufacturing connection to create a brand new organisation tasked with making and distributing high quality, certified PPE at affordable prices to the healthcare sector and local businesses.
Launched in late 2018, Nu Quantum recently became an Associate Member of the EU-funded Graphene Flagship project. The startup, a spin off from the Cavendish Laboratory at Graphene Flagship partner the University of Cambridge, UK, specialises in single-photon quantum technology that is set to create unbreakable encryption keys.
The Data & Marketing Association (DMA) has published the results of its fifth ‘Coronavirus - The Impact on Business’ survey revealing the first signs of recovery. about job retention. But despite these early indications, concerns about difficult staffing decisions in the coming months also see a significant increase.
Samsung Electronics has announced that the new Samsung Pay Card, powered by Curve, and in conjunction with global payments technology company, Mastercard will be available from 18th August. With ONE simple to use digital-first card, Samsung Pay Card gives users complete control over their spending, without the fuss of having to change banks.
Research has revealed that 47% of managers believe their employees may be at risk of burnout, following a change in work pattern or behaviour bought on by COVID-19. Over a third (36%) of British employees stated that their mental health and wellbeing has suffered as result of working longer hours during COVID-19.
The coronavirus pandemic has sent shockwaves through the global economy. Businesses of all sizes are reeling from a crunch on both supply and demand. Staff members off sick or having to look after small children, disruption to supply chains, a significant drop in revenue due to lockdowns and a reduction in consumer spending have presented challenge after challenge.
A lot of people say they couldn’t work with their significant other, but imagine founding a whole company together! Well that is exactly what Lottie Whyte and husband, Joe Gray, a professional rugby player currently plying his trade at the Harlequins, did. And after speaking to the pair a few times, the business and co-founding seems to be working perfectly!
Arieli Capital, which operates innovation centres in Israel and around the world, and Ramat Hanegev Regional Council, are conducting discussions with officials in the United Arab Emirates (UAE) about advancing desert agriculture projects. Discussions began before Israel and the UAE announced a normalisation agreement between the two counties on 16th August.
As the pandemic swept across the country earlier this year, crowdfunding campaigns were soaring on course to raise record amounts, according to new data. New findings show that for the period of January - July 2020, the average total of the amount raised by crowdfunding campaigns was up by 1,006% vs 2019, with the average number of supporters per campaign also up year-on-year by 769% over the seven months.
In 1944, as the WWII was drawing to a close, a gentleman called Harold Samuel decided to start buying houses which had basically been demolished due to the bombing. The idea, seen crazy by many (after all, what is the value of a pile of rubble?), did work, as his company - Land Securities - went on to become the UK’s leading property company: a position it still holds today.
As with everything about starting a business, different people do it for different reasons, and they have different levels of ambition. Some people want it to remain a side hustle or a very modest lifestyle business whilst others have plans from day one to scale and grow it into a multi-million GBP international operation.
Businesses are being given access to a fully-funded suite of AI and automation tools to help them cope with the impact of the COVID-19 pandemic. Free to access at GoSmarter.ai, the project is funded by the UK Governments Research & Innovation department, Innovate UK, and has been developed by Artificial intelligence (AI) company Nightingale HQ.
In today’s connected world, it’s hard to imagine a time when the term ‘Internet of Things’ didn’t exist, or when flying cars were only featured in the musical fantasy film - Chitty Chitty Bang Bang. Technology has changed our world in so many ways, (and arguably not always for the best) but one of the positive benefits that it has had on modern society is the way it’s revolutionising the education sector. Most will agree that it has countless benefits for teachers and students, such as providing extra help, communication, organisation, and virtual experiences.
The AIWAYS U5 all-electric SUV will be available from €37,990 when European sales start in Germany this summer. With a 410km range (WLTP) from its DC fast-charging compatible 63kWh battery, according to the company, the AIWAYS U5 offers the best price-to-range ratio in the European all-electric SUV market.
When it comes to tapping into the entrepreneurial mindset to mine some golden nuggets of inspiration for business growth, who better to speak to than a winner of the BBC’s Apprentice. Therefore, when we had the opportunity to speak to 2014 champion Mark Wright, founder of Climb Online and the CLIMBCON business event, we jumped at the chance.
A customer service provider has challenged businesses in the UK to change the way they think about customer interaction, amid rising levels of consumer dissatisfaction. Woven is a contact centre, customer management and BPO service provider, operating from offices in Bristol, Swindon and Ipswich and working with brands across a range of industries, including Toyota and Kärcher.
Semiconductor manufacturer Infineon Technologies has always been keen to work with startups and entrepreneurs and has done for many years. However, a year ago the company took the decision to make this collaboration more structured and more visible to the outside world, and so introduced its startup cooperation programme, Inno.Wafer. We spoke to the man heading up that programme in EMEA, Lamin Ben Hamdane, to find out more.
Even with the help of price comparison sites, finding the insurance that is right for you can prove to be the proverbial needle and haystack conundrum. However, Startups Magazine speaks to Johnny Stubbs, Head of UK Insurance and Business Development at digital insurer Getsafe, who are using technology and AI to enable customers to learn about, buy, and manage insurance conveniently from their smartphone, all without any paperwork, and within just a few clicks.
Israeli blockchain cyber startup, GK8, which provides a high security custody solution for safeguarding and managing digital assets, has identified inherent vulnerabilities in Multi-Party-Computation networks (MPC), which serve as the foundation for safeguarding blockchain assets such as Bitcoin and any cryptocurrencies by banks and exchanges.
Research from Workthere has revealed five top tips to keep employees happy at work. Workthere’s 'What Co-workers Want' report found that 59% of coworkers in the UK say they are happy with their current workplace, but what can providers do to improve happiness within their offices? Workthere asked 1,874 European office workers about 48 different office features in order to determine how satisfied they are with them and identify the areas offices should look to improve to provide an overall happier place to work.
The fleet management software for small and medium-sized companies, Vimcar has announced its official launch into the UK market with new research into the challenges that businesses are facing to get on the road. As the latest figures from the Department for Transport reveal that light commercial vehicle traffic in the UK has returned to pre-lockdown levels, Vimcar's survey of German SMEs provides a useful steer as to what these businesses can expect.
The finalists of the 2020 Lloyds Bank National Business Awards were unveiled this morning as the programme’s organisers praised British businesses for their resilience, agility and innovation over the last 12 months, despite being faced with untold economic and logistical challenges as a result of COVID-19.
Following the global sports hiatus brought on by the coronavirus pandemic many sports have now returned to action, much to the delight of fans worldwide. We’ve recently seen the likes of Europe’s top football leagues finish up the remaining games of their seasons and now eyes are well and truly stateside with the NBA, MLB and NHL returning over the past few weeks.
To celebrate Startups Magazine's latest issue release (this week), which is focused on AI and emerging technologies, here at Tractable, recent winner of Best UK startup in the Hustle Awards, we decided to explain a bit about how we're bringing AI to the world on a commercial basis. Accidents and disasters affect millions of people every year. And the recovery process always starts the same way - assessors inspect the damage, approve an insurance claim, and unlock the funds to begin the rebuild.
ORB, a London-based startup, previously featured by Startups Magazine, is a real-time performance, wellness & health AI data platform, who specialises in the capture, analysis and presentation of human physiological data (Biotelemetry). The platform enables non-invasive, continuous, real-time monitoring in non-controlled environments (e.g. at home or on a sports field), offering accurate deep insights into physiology no other product is able to.
Having recently visited the CRL workspace in Hayes to meet this year’s cohort, sponsored by Mouser, I was overwhelmed with some incredible startup founders and the ideas that had inspired them. One of which was a pair of friends Pete Barr and Eli Heath, who together have created a social enterprise startup to enable people with disabilities to draw, through adding tools to a wheelchair.
Figures from the Office of National Statistics have revealed that during the height of the coronavirus lockdown period, employment in the UK fell by the largest amount in over ten years, since the height of the 2009 financial crisis. This situation could worsen in the coming months as the Government furlough scheme draws to and end.
Community Fibre, London’s fastest 100% full-fibre broadband provider, recently announced new research findings from a survey conducted with market research specialist 3Gem. Results reveal that while SMEs based in London are more reliant on broadband access than ever before, inadequate internet access is costing them money and opportunity. The results come at a poignant time, as the UK celebrates 20 years since the first person had broadband installed into their home and more Londoners are working from home than ever before, needing fast and affordable broadband.
The startup ecosystem is going through some big tests right now. This time has forced us all to discover just how efficient and productive we really can be working from our kitchen tables. It’s tested the limits of our patience (‘when will it ever end?’) and resilience (‘when can we go outside?’) and ability to stay focused (‘how do I ignore the distractions of home and get my work done?’).
According to the Office for National Statistics 213,285 businesses failed in the UK in the first half of 2020, a 14% increase on the same period in the previous year. Without looking much more deeply into the numbers it is not possible to say for certain how many of those that failed were due to the coronavirus pandemic and subsequent lockdown but we would not be far wrong to say that the 14% increase, or 26,193 businesses failures were as a result of the pandemic.
New hiring data from LinkedIn suggests the global labour market is improving and continuing its early momentum towards hiring recovery. Progress observed in June held through July, although it did start to plateau towards the end of the month as some countries saw viral caseloads rise and shutdowns come back.
The metal additive manufacturing market will be negatively impacted by the 2020 pandemic. Despite this short-to-mid-term setback, the industry is forecast to rise and exceed $10bn within the next ten years. The emerging and established printer players grab nearly all of the headlines, but most of this forecast annual revenue will be in material sales in which there is great untapped potential.
UK newspaper, ‘The Guardian’ reported last month that hospital trusts across England urgently need more equipment to prepare for an upcoming wave of operations and procedures deferred by COVID-19. The article highlighted that hospitals need 'staff and space to deal with a huge backlog of scans for cancer and other conditions, as more than 600,000 people await CT, MRI and other scans amid the coronavirus crisis.'
Global technology company, Zoho that offers the most extensive suite of business software applications, has announced BackToWork, a fully comprehensive modular solution enabling businesses and organisations to safely transition back into the workplace. Free for the remainder of 2020, BackToWork, powered by Zoho Creator, is the latest programme to be introduced as part of the company's ongoing relief efforts, which support businesses impacted by the COVID-19 crisis.
Business bank, Allica Bank has combined data and insight from over 1,000 UK SMEs with a multiple regression analysis to determine what factors most closely aligned with an SMEs’ chances of success and separated the highest performing businesses from their peers. These ‘rules for success’ have been compiled from the research data to support British businesses as they look to chart a course to post-COVID-19 recovery.
With productivity and profits affected, businesses might not be considering wellbeing as much as how to move fast and regain ground, from a quarter that was terrible for much of the economy. There are some under-used but patently obvious wellbeing tips that will help boost productivity, reduce employee turnover and increase engagement that are well worth looking into.
TaxScouts, the company making tax preparation effortless for the UK market, has announced a Series A investment round of £5m to further its mission to build a Pan-European Tax Service. The company is expanding into its first market outside the UK and is establishing a team in Spain, following the appointment of a Country Manager.
From the Coronavirus Business Interruption Loan Scheme to Eat Out to Help Out, small businesses in the UK have received a significant amount of Government support during the Coronavirus pandemic. Another important area of support has come from consumers themselves, many of whom have taken it upon themselves to seek out local small businesses instead of global entities likely to survive anyway.
As employers embrace video call tools such as Zoom and Skype for day to day work communication, recruitment is no different as recruiters turn to virtual interview processes to source out the best talent. For recruiters looking for a way to build a more engaging recruitment process video, Laura Webster, Global Marketing Manager at HAYS Talent Solutions shares tips and advice into how employers can build a seamless virtual recruitment process through video.
ClearBank and Tide have announced that they are working together again to help UK SMEs turn recovery from the coronavirus crisis into a growth opportunity. In collaboration with Tide, ClearBank has applied for two grants from Pool E of the Capability and Innovation Fund, worth £25m and £35m, that form part of the £775m RBS Alternative Remedies Package.
As businesses worldwide begin coming out of lockdown into uncharted territory, adapting and surviving the economic and social impacts of COVID-19 is imperative as consumer behaviour, namely spending habits, continue to rapidly change. Alongside a 200% rise in 'first-time' online purchases in April, Econsultancy recently reported a 33% increase in 'online banking or use of mobile apps and payment methods'.
So I was listening to a podcast this morning - I listened to loads of podcasts so that's not unusual - but there was something about this podcast and the messaging within the podcast that rang a moderate alarm bell. The conversation was one of those that I estimate actually holds a lot of people back.
Four Somerset District Councils have joined forces to fund and launch a new scheme to give startups and early stage businesses the best chance of success. Called Somerset Catalyst, it is part of a wider business support programme that is rolling out across the county. Applications for the programme commencing in September 2020 are now invited.
Research has shown that UK small and medium businesses are owed as much as £50bn in late payments at any one time, with the situation only likely to get worse in the current climate. In response to this late payment epidemic, today sees the launch of itsettled, an automated, proven and legally compliant process for SME’s to chase their outstanding invoices.
Israeli startup Rise.ai, which offers AI-driven customer re-engagement solutions, has been selected by Google to help businesses offer digital gift cards through their public listing on Google My Business (GMB). The agreement with Google is Rise.ai’s strategy to enable small and medium businesses to survive and even thrive during the COVID-19 crisis and beyond.
Sterling Networks was founded in 2014 facilitating networking events for businesses across the Midlands, Oxfordshire, Wiltshire and the South West. Over 300 members attend its fortnightly breakfast and lunchtime meetings, and the company has also undertaken the very important role of providing emotional support to business owners at a very challenging time. Startups Magazine caught up with founders Neil and Tracey Davis to find out more.
If you have purchased a new computer within the last few years, you likely lack something - ports. You know, places to plug in your stuff. With streamlining and consolidation, many modern computers (including the entire MacBook family) have shifted to utilising only USB-C and Thunderbolt 3. Because of this, a dock or hub is essential when you Work From Home.
Online multimedia sales acceleration platform, Crikle has announced full availability of its browser-based application set to transform the guided selling experience in the age of distance selling. Crikle offers a secure online sales consultation and conversion platform that organisations can white label to deliver an optimised, branded digital buying and selling experience for clients.
Can personal data from the EU being transferred on the basis of Privacy Shield to the US, guarantee an adequate level of data protection as per the GDPR? Head of Marketing for SmartSurvey, Neil Stone, offers some thoughts and guidance around this issue, while looking at the potential impact of the Privacy Shield’s invalidation for the technology sector and prospective customers.
It was recently reported by manufacturer lobby group, Make UL and Santander UK that the effects from COVID-19 could cost the sector a potential £35.7bn in Gross Added Value this year alone, as output has fallen to an all-time low-leading to implications that the UK’s manufacturing growth will suffer from these effects until 2022.
Online learning platform, Coursera has partnered with Digital Boost UK, a partnership with BCG Digital Ventures and Founders4Schools, to offer organisations and charities affected by the pandemic access to digital skills. The partnership is made possible by Coursera’s Workforce Recovery Initiative, where any state and country can provide unemployed workers with free access to online learning.
Each generation handles money in a different way. Afterall, people have grown up in different eras, they place value on different commodities, and some are busy saving for retirement while some are squirreling away their pennies in order to see the world one day. Attitudes towards saving money are most certainly generational, and there are plenty of assumptions people tend to jump to about these attitudes.
The Coronavirus lockdown has had a huge impact on Britain’s workforce, resulting a the majority of the working population finding themselves homebound, either working from home or furloughed. It was recently reported that 7 in 10 UK businesses have furloughed staff, resulting in millions of people across the country stuck at home with nothing but time on their hands.
The saving and investing app, Moneybox has raised £4m in just four hours on Crowdcube, the investment crowdfunding platform - smashing the 2020 record for largest number of investors in a single campaign. Over 10,000 investors have taken part in the fundraise so far, which saw Moneybox reach its original target of £1,000,000 in just 20 minutes.
The banking platform that consolidates multiple cards and accounts into one smart card and app, Curve has announced it has partnered with Onfido, the global identity verification and authentication company, to speed up, simplify, and unify its Digital Identity and Know Your Customer (KYC) processes.
As firms look to re-launch projects and resuscitate their business beyond COVID-19, the importance and value of freelancers as a critical requirement to retain skill at an affordable rate is essential for recovery. Someone only too aware of the importance of this is the CEO of The Future Strategy Club (The FSC), Justin Small; this is a benefit he has been aware of for a long time.
Fifty percent of people currently employed are planning on looking for a new job after COVID-19, according to new research released from Hooray Health & Protection. Nearly a quarter (24%) of employees questioned said they were somewhat likely to seek a new job, 13% said they were very likely and twelve percent were pretty positive when they said they were extremely likely to look for a new job post COVID-19.
SAVORTEX has announced the launch of its ‘Smart’ Hand Sanitiser, a revolutionary hygiene product designed to help restart the office economy in a post-COVID-19 environment. The innovative product uses smart technology to deliver the exact amount of sanitiser required without touching the device, and to ensure maximum use, providing companies with peace of mind as workplaces re-open.
Shanghai-based personal mobility provider, AIWAYS has unveiled the U6 ion electric crossover coupe concept ‘in the metal’ for the first time at the Chengdu Auto Show in China. With a focus on aerodynamics, intelligent technology and lightweight design, the U6 ion investigates the exciting future of the AIWAYS brand. The production version will be AIWAYS’ second all-electric SUV set to go on sale in China and Europe, with a direct-to-customer sales model in Europe in 2021.
The Entrepreneurial Sales Institute (ESI), whose mission is to support the professionalisation of the sales function through better sales education, has developed a new Entrepreneurial Sales microcredential, endorsed by Verizon Connect, to help those working in sales navigate today’s complex marketplace and gain in-demand skills.
One of the few positive effects of the COVID-19 pandemic had been the renewed focus of the climate agenda. Over the past few months we have seen companies like BP begin to divest from their traditional oil and gas business and set aggressive net zero targets. For startups this represents a huge opportunity.
The Czech marketing startup for home product testing, Testuj.to, for brands and e-shops has proven to be a new way of reaching customers, even during the coronavirus period. Testuj.to not only addresses customers directly, it also acquires valuable reviews for a given product or brand. B2C will never be the same again.
While car MOTs were scrapped during lockdown, taking the same approach with a business could be a mistake that leads to catastrophic consequences. Just as leaving unchecked, unroadworthy vehicles on the road is potentially dangerous, by not taking control of a business and leaving success to chance is a gamble at the best of times, but right now that approach could be the beginning of the end.
Some founders come up with their business ideas alone, whilst others do so with friends or associates. Some founders wish to stay as sole founders, whilst others prefer to work with co-founders to share the tasks, decision making, and risks, as well as adding often complementary skills or knowledge to their own.
The automated driving technology company, AImotive has announced a new investment round of $20m led by Lead Ventures, a Budapest based scale-up investor. With the fresh capital AImotive has become the largest VC-backed company developing automated driving technology in Europe, with total funding of $75m.
A startup who in my opinion is a very deserved winner, and one of the best UK Startups we have come across. If you have read the last issue you may be familiar with Tractable, a company that uses AI for accident and recovery, and although it focuses primarily on car accidents, there is potential for that to grow to cover natural disasters too.
KegTracker is an IoT device that instantly turns kegs into smart containers. It tracks real time location, volume, temperature and motion for each keg, to create reports and insights that enable a sustainable supply chain. Since 2018, R&D has been completed, as well as a working prototype, pending patent and multiple LOIs.
Online toolkit for surviving modern alcohol-free society, One Year No Beer, has launched a £1.4m funding round on Seedrs. Already attracting £1.1m investment in the private stages of the round, One Year No Beer now opens its campaign to the wider public. The funding will be used to further develop the technology infrastructure of the business, allowing them to scale their lifestyle support system which facilitates sustained behavioural changes, through the power of community and connection.
Physical-digital payment platform, Thyngs has evolved its touch-free technology to deliver an instant order, pay and marketing solution that will help the retail and hospitality sector welcome customers back safely, and tackle the estimated £4bn loss expected across Europe, as a direct result of the global pandemic.
Starting a company and being a founder is stressful - especially in the current COVID-19 environment. Last year, 19% of all European founders said starting a company had a negative impact on their wellbeing, and a global pandemic will not bring that number down. However, mental health issues are not widely discussed in the startup ecosystem and beyond.
A new survey by global consultancy, Brandpie has uncovered that the number one challenge CEOs expect to face over the next five years is finding the right talent. Furthermore, Brandpie reports that 98% of CEOs surveyed agree that the new generation of talent have different expectations from previous generations - with emotional considerations such as alignment of a company's culture and values trumping benefits like flexible working, training, and access to technology for the majority of millennials.
With more than 266,000 small businesses having reopened since the end of April, kitchen worktop businesses and Instagram marketplaces have seen an entire new generation of entrepreneurs to be able to get their products lifted off the ground. However, for many individuals and micro-businesses, the prohibitive costs associated with the rapid and accurate production and manufacture of their creations often prevents them from scaling up and making considerable profits.
Startups Magazine caught up with Flavius Plesu, Founder and CEO of OutThink, the world’s first Predictive Human Risk Intelligence platform (SaaS), aimed at revolutionising security awareness and giving security teams the power that comes with identifying high risk users – fully understanding who is not behaving securely and why.
The Dutch Fintech that already checks over 90% of Dutch payments with the IBAN-Name Check, SurePay, has announced the successful implementation of its UK Confirmation of Payee solution. NatWest Group chose SurePay as a vendor and partner to implement Confirmation of Payee. The service is already checking 25% of UK online Payments.
What do startups need to know to ensure that their website is secure and safe against cyber attacks? Innovators, investors, and entrepreneurs, launching startup companies have hundreds of issues to deal with. Often setting up their website and internal communications drops in the list of priorities. And usually, at the bottom of that list, is ensuring that the company’s communications and website are secure.
Having formed new habits around remote work, many of us have settled into new routines and habits, adjusting to the shift and integrating this new way of working into our lives. But, bigger organisational processes might have been missed in the scramble to equip teams with the day-to-day tools needed to maintain business continuity.
YHANGRY is a London-based startup providing private chefs for social get-togethers at home. We launched our beta website in May 2019, when Siddhi Mittal and I were still working on the trading floor at Barclays in Canary Wharf. We were 10 months into our startup journey when COVD-19 brought our business to a grinding halt.
Many businesses in the UK are both getting paid - and paying - later, with the COVID-19 pandemic causing a surge in late payments. According to the latest independent research from Close Brothers Asset Finance, three in five UK SMEs have experienced delays in receiving payments, while a significant number of business owners have admitted to being forced into delaying paying invoices.
New research from Santander UK reveals that a third (32%) of the UK’s SMEs who implemented changes plan to make their COVID-19 adaptations a permanent feature post-pandemic as almost half found they not only survived, but actually grew their customer base during COVID-19. The study – which polled 2,050 senior leaders in UK SMEs – suggests that the pandemic has driven long-term change to the way businesses operate.
With the acquisition of eSoftThings, an expert in the Internet of Things (IoT) and Artificial Intelligence (AI), based in Cesson-Sevigne (Rennes metropolitan area, France), LACROIX Group has consolidated its R&D division already present in Brittany in the area and strengthened its positioning in the industrial IoT and AI, particularly in the field of connected vehicles.
COVID-19 (coronavirus) has significantly impacted businesses, but even more so for social entrepreneurs, BAME founders and females due to the difficulties and challenges around access to support, finance and funding as well as structural inequalities. We are on a mission to work closely with these founders to help them flourish in the face of adversity.
Creator Fund, the university-focused venture capital fund, has released its “State of Student Startups” report, which gives a comprehensive national picture of what the UK’s best young minds are starting, and how to best support them. The report found that more than half of UK campus ventures have a foreign student founder.
Ag-tech startup, Consumer Physics, is introducing SCiO Cup - according to the company it is the world’s fastest, portable, lab-grade forage dry matter analyser. The smartphone-operated device transforms feed analysis by enabling frequent dry matter analysis. SCiO Cup enables on-farm decision making ensuring consistent dry matter intake and reducing feed leftovers. In addition, SCiO Cup can be used on-field for planning silage harvest timing at optimal moisture levels.
Moneybox, the award-winning saving and investing app, today announces it has secured £30m in Series C funding earlier this year from existing investors including Eight Roads, and new investors Breega and CNP. Moneybox also reveals it now has £1bn in assets under administration, and announces plans to bring customers closer to its growth journey through an upcoming crowdfund.
When starting a business, the implementation of a Customer Relationship Management (CRM) system may seem like an additional and unnecessary expense, but committing to it from the outset will realise a number of benefits including the development of a clear and focused sales strategy, together with the opportunity to strengthen new client relationships.
Johnathan Bulmer, MD at Cleveland Containers here chats to Startups Magazine about how three food and drink businesses pivoted in the pandemic. As restaurants and other leisure businesses steadily start to reopen, there’s many stories of businesses which have been heavily impacted by the financial crisis the pandemic has caused.
Startup Summit, an international festival of entrepreneurship, has announced dates for its 2020 edition and first headline speakers from globally-recognised brands including David Wilding, Director of Planning at Twitter, Irana Wasti, Regional President for GoDaddy EMEA, and Matt Davey, Chief Operation Optimist at 1Password
The startup driving intelligent automation for commercial kitchens, Miso Robotics has announced its first funding round in the UK. The services sector is seeing a new impetus for automation as it builds back better post pandemic, ensuring more resilient businesses, safer working environments and food production for staff and customers.
Deutsche Messe premiered a startup category for the HERMES AWARD, presenting Mitra Sejahtera Membangun Bangsa, a young company from HANNOVER MESSE partner country Indonesia, with the new award. The jury, chaired by Prof. Dr. Reimund Neugebauer, President of the Fraunhofer-Gesellschaft, selected the winner for its Smart Farming 4.0 project.
Plus X innovation hubs transform areas, adding vibrancy and productivity, helping businesses scale with innovation support and unlocking partnership potential with global corporations, education partners and local communities. Plus X innovation hubs are designed to create impact at both a global business and local economic level.
An exciting new business growth and innovation programme called BRITE launches today to support ambitious businesses located in the Coast to Capital region. The programme is led by a dedicated team from Plus X Brighton, in partnership with the University of Brighton. BRITE will be located at the brand new Plus X Brighton innovation hub, designed to help business and communities collaborate, innovate and grow.
To find the right individual for the job will be a challenge for employers as well as hiring managers. With several companies intending to enhance their hiring efforts this year, it's necessary that you put extra effort and time into how you attract the most effective prospects feasible. With more possibilities for talent comes even more competitors for you, as well as making the ideal hire currently is crucial to strengthening your firm today as well as into the future.
Wyld Networks has launched a new mobile mesh technology to help get the manufacturing industry back to work safely, improve operational efficiencies and re-boot the economy. The innovative mesh technology can be built into mobile apps and IoT devices and uses virtual geozones to manage access, collect data, deliver location-aware content or safety information, and monitor social distancing.
It’s always refreshing when policymakers break with the status quo and do something genuinely left-field and unexpected. The current pandemic has certainly produced its fair share of bold initiatives. In the UK we’ve just had the announcement of Government-subsidised meal deals throughout August to boost the ailing hospitality sector. And, sitting slightly higher on the impact scale, earlier this month the French Government announced that it was making tax credits available to any citizen prepared to take out a subscription to a current affairs newspaper or magazine.
Fashwire is a mobile and web marketplace for discovery where you can shop directly from over 300 fashion brands from over 33 countries you know and love and discover new ones from all over the world. Fashwire is changing the way we shop on our phones. By connecting consumers directly with brands all in one app, and it also allows brands to curate, create, and control all product and content in their profiles, which is different from a traditional retail model.
As lockdown restrictions begin to ease, SMEs need to look into engaging potential customers immediately in order to drive sales and awareness in the difficult months ahead. As the majority of the public continue to live and work remotely, however, companies must seek out new methods of marketing in order to attract better engagement. The online space has, thus, become crowded with brands attempting to cut through noise to truly make an impact on consumers.
Bagboard, the creation of former credit trader Ben Ayres, and advertising executive Ashleigh Bishop, are launching a crowdfunding campaign to raise funds for the first sustainable rewards scheme that marries major brand campaigns and environmental impact, with a mission to make sustainable shopping the norm.
A few years back, there was a two-day tube strike in London. As with most tube strikes, it forced stressed commuters to change up their route into work at short notice. When it was all over, economists who looked at Oyster Card data made a surprising finding. About one in twenty commuters who changed up their route on the days of the strike stuck with their new route.
Zendesk has released the Zendesk Startups CX Benchmark Report, documenting how early-stage startups that invest in customer experience (CX) outperform their peers. The data shows that while there is no one-size-fits-all approach, startup success stories have one thing in common: the ability to provide more holistic support to customers from the beginning.
Johnathan Ransom, CEO & Co-founder of Square Mile Farms spoke to Startups Magazine about the challenges and opportunities that arose during the 2020 COVID crisis whilst raising from their network. Think back, post-2008 financial crisis, internet technologies and crowdsourcing both evolved to allow companies to easily raise funds from their network and community for the first time. The power and value of the crowd have only increased since then, helping businesses grow quickly and sustainably while reaching entirely new audiences.
Kennet Partners Limited (Kennet), a leading European technology growth equity investor focused on bootstrapped and capital efficient companies, has raised $250m (€223m) for its fifth fund, Kennet V in partnership with Edmond de Rothschild. The Fund exceeded its target and secured new investors from across Europe and Asia.
This year’s shortlist for one of the world’s largest annual competitions in sustainability, Postcode Lotteries Green Challenge, has been officially revealed today. The international top 25 organisations now edge closer to being crowned the overall Postcode Lotteries Green Challenge winner and receiving €500,000.
While the world battles a loneliness epidemic, reinforced by COVID-19 imposed lockdown and social-distancing, a new, rapid growth startup uses technology to help solve the problem for companies individuals. Panion has recently announced a suite of features that solidify the startup's position as the most exciting new virtual community-building app in the world. Panion encourages its members to be authentically themselves and to lean into the interests that make them unique.
Until recently, for many smaller businesses, their website was purely a shop window with few, if any, transactions done through it. However, thanks to social distancing measures it has now become the primary means of business for almost every company. Ensuring your website is not vulnerable to hackers and other criminals is therefore more important now than ever. The crippling reputational and financial cost of a cyberattack can put a small company out of business.
In today's global and increasingly competitive marketplace, it is more important than ever to stand out from the crowd and capture the attention of consumers. Trade marks are essentially 'signs' which help consumers to identify and differentiate your products or services from those of competitors and other traders.
Every company has its own culture, defined by its values, and governing principles that the leadership and employees equally share. While most people consider culture an unimportant element, it has a real impact on performance, retention and the company's ability to adapt to changes. A disengaged team will leave founders staring into the horizon alone.
The UK’s recent lockdown has seen a surge in demand for on-demand. By addressing one of the most challenging aspects of lockdown, food delivery services alone have experienced a 29% increase in popularity, and even industries historically steeped in tradition - such as theatres, pubs and restaurants - have had to embrace on-demand options. Digital businesses, in collaboration with more traditional high street counterparts, have kept access to services viable during the pandemic.
I was asked very recently by a company to explain how I would approach their projected Intellectual Property (trademarks, patents, code of the platform) concerning their Balance Sheet or Statement of Financial Position. To make it even more complicated and they have asked me to consider both UK accounting rules as well as the US.
I was young when I realised I came from a family of businessmen. At the age of eight, my paternal grandfather had been engaging in business deals between Africa and Belgium. One of my uncles had also started an import-export business based in Brussels. Then when I was ten years old, my father jumped on the bandwagon and launched a business engaged in the export of exotic meats from Botswana to the EEC. This is what began to pique my curiosity in business.
'There is not a common, comprehensive definition of what counts as social value, to frame understanding, benchmarking or reporting, and aid comparison of tenders and to determine best practice. This has given rise to significant disparities in what counts as social value activities, and no requirement to focus on improving the wellbeing of those who are most disadvantaged.'
amicable, the tech startup disrupting the family law sector, has raised £488k in funding from existing and new angel investors. The news comes just a few months after a high court judge ruled in favour of amicable’s approach to divorce and separation that focuses on supporting couples through the process and removes the need for couples to instruct two separate lawyers.
Technology, especially new technology, has always had something of a divisive effect; that is it can be seen as black or white, working in good ways or bad. If we look back in history, any technological advance is greeted with great enthusiasm by early adopters and shunned and ridiculed by those with a more traditional outlook on life.
It is fair to say that so many startups have used the year 2020 to really show how they can adapt and help and shine through, but for the Biggest 2020 Hero category this year there was one clear winner who really have done some amazing work in 2020 and through the COVID crisis, and that is Joanna Montgomery, Founder and CEO of Little Riot which develops connected products that enable human connection in an otherwise very digital world, such as the product Pillow Talk.
Boris Johnson has announced a £12bn affordable homes programme, providing up to 180,000 new homes over eight years, a slight retraction on his original five year target. Alongside this pledge however, is a sweeping liberalisation of planning regulations, which the Government are quoting to be the most radical since the end of the Second World War.
Global initiative building diversity within Venture Capital, Included VC has launched recruitment for its second annual fellowship. Included VC’s mission is to change the face of the VC industry, dramatically increasing diversity and maximising fund success by transforming networks, staff, dealflow and investments.
Local businesses are core to our communities, but the impact of COVID-19 has been tough on business owners. As the UK steadily reopens its doors to businesses and people alike, Google has pledged to support small businesses across the country with a burgeoning package of products, tools and services to support the reopening and growth of British commerce.
New research by Hitachi Capital Business Finance has explored the challenges businesses led by single parents face. The research surveyed more than 300 single parent business owners asking about how they started their business, running their business day-to-day, and plans for the future. Their responses were benchmarked against a nat rep sample of 1,466 business owners.
The 23rd of June this year marked four years since the UK's EU membership referendum, and the rest of 2020 will likely see some decisive action on the UK's intention to leave the EU as a result. Much has been written over the last four years about the UK's currently gilded status as the preeminent global hub for financial services and fintech, and the risks of the UK losing this status to another European competitor once Brexit happens.
Identifying your ideal client is one of the most difficult things, and yet the most important thing to do for your business. Before I start going into the how, let us spend a few minutes thinking about the why. Why does everybody bang on and on about this ideal client business!? Believe me I used to feel the same way. Then one day it clicked into place.
Advanced Engineering is on the hunt for ground-breaking startups to showcase their latest products and inventions as part of its Enabling Innovation Zone. The show, which is the largest annual engineering event in the UK, will take place on 4th-5th November at the NEC, Birmingham, and will allow smaller enterprises to accelerate their growth by making the right connections in the world of advanced manufacturing and technology.
Sage has announced new updates to its Small Business Accounting Solution. Designed to support small businesses in the construction industry, the updates enable customers to manage their day-to-day accounting in the cloud, as well as comply with sector specific UK Government requirements for the Construction Industry Scheme (CIS).
Breed Reply, European investor in early-stage Internet of Things (IoT) businesses, has increased its investment in Dutch AgriTech company, Connecterra. As part of its Series B funding round, Connecterra has secured €7.8m from existing investors, Breed Reply and Sistema, alongside new investors including AgTech specialists ADM Capital, French food safety enterprise, Kersia Group and Dutch impact investor, Pymwymic.
Global small business platform, Xero has announced its new analysis has revealed the extent of COVID-19’s impact on UK small business employment and revenue between March and May 2020, showing a 28% drop in revenue and a six percent decline in employment. Late payments to UK small businesses increased by 7.8 days between February and May 2020.
Chocolate and technology, arguably two of the greatest two things in the entire world, and Sergio Figueredo, Founder of the startup Choco4Peace, is therefore arguably one of the greatest men in the world, as he managed to combine the two. Not only that he has also this year been chosen as the first Hustle Awards Winner in the category Social Impact Hero!
With COVID-19 set to spark the worst economic recession since the Great Depression, new research by the World Federation of Advertisers says 89% of large international companies have put their marketing and advertising campaigns on hold. Global marketing and advertising spend is plummeting at the fastest rate since the 2007-2008 financial crisis, leading to uncertainty and trepidation within the sector.
Secto Design has made a significant investment in startup company Paptic. “Until recently, Secto Design has purely invested in developing its own production. However, Paptic has such a meaningful goal and it fits perfectly to our own philosophy, that we had to jump along,” said Tuula Jusélius, the Founder of Secto Design.
From a young age Olivia Higgs, always knew she wanted to be an entrepreneur. Although initially it was more of a dream to own a boutique hotel, rather than being the Co-founder of NAVA, an app that enables users to explore cities in a personalised way whilst supporting local independent business owners, but it was through her interest in artificial intelligence that she found herself here.
The economic turndown resulting from Coronavirus is expected to have a devastating effect on SMEs, the extent of which will cost the UK’s small and medium sized businesses an average of around £12,000, according to a survey which shows that two fifths of such firms are at risk of closing permanently.
The Shanghai-based personal mobility provider, AIWAYS has confirmed it is working with the biggest and best automotive technology suppliers from Europe to develop the U5 all-electric SUV. The supplier list demonstrates the Chinese startup’s commitment to quality in product development and manufacture.
The Great Depression that hit the US in the 1930s was probably the worst economic recession ever registered. To guide the country out of it, President Roosevelt launched a series of programmes, public work projects and financial reforms known as the New Deal. While the economic implications of COVID-19 threaten to shadow the Great Depression, Harel Boren, CEO and Co-founder of Inspekto, explains why Autonomous Machine Vision (AMV) could be the new New Deal.
Provider of a data analytics acceleration platform that enables enterprises to gain insights from their massive data stores, SQream has announced that it has raised $39.4m in Series B+ funding. The round was led by Mangrove Capital Partners and Schusterman Family Investments, who joined existing investors, including Hanaco Venture Capital, Sistema VC, World Trade Center Ventures, Blumberg Capital, Silvertech Ventures and Alibaba Group. The proceeds of the investment will be used to recruit top talent to accelerate advancements in the Company’s technology and cloud innovation, and customer delivery platforms to better serve worldwide demand.
LiveStyled is excited to announce it is relaunching as Realife Tech, The Experience Automation Platform, with a $7.2m funding round led by Virgo Investment Group, with additional backing from strategic investors Superfly Ventures and Stadia Ventures. Realife Tech works with the world’s biggest entertainment destinations and events, and has developed a ‘Post-Covid Fan Safety Hub’ to provide key customer-facing technology and help bring events back safely once restrictions on large gatherings are lifted.
As renowned author and alternative medicine practitioner, Deepak Chopra once said: “You have to think of your brand as a kind of myth. A myth is a compelling story that is archetypal, if you know the teachings of Carl Jung. It has to have emotional content and all the themes of a great story: mystery, magic, adventure, intrigue, conflicts, contradiction, paradox."
The business landscape has transformed like never before in just a matter of months. I've seen first-hand how the current climate has impacted global enterprises. As business leaders, we need to instil trust within our teams while also having a clear strategy on how to navigate these challenging times.
Israel startup Rise.ai, which offers AI-driven customer re-engagement solutions, is making its gift cards available for purchase on Facebook and Instagram. This new feature will let small and medium businesses and enterprises (SMBs/SMEs) sell digital gift cards to their local community through Facebook and Instagram using the customers’ geo-location.
In the world of work, the effects of social measures that governments are being forced to take have proven to be incredibly challenging for businesses and employees. However, for many business leaders around the world, they are now starting to turn their attention to the potential long-term implications of the pandemic on the next era of work.
Purina has announced the first ever winners of the UNLEASHED accelerator lab programme. UNLEASHED is a unique initiative, run by the Purina Accelerator Lab, designed to combine R&D with personalised mentoring and a bespoke nurturing of each business. The winning cohort includes: BlueNalu Innovations, San Diego; BorrowMyDoggy, London; Natu, Barcelona; OneMind Dogs, Helsinki; and Petable, Lisbon.
Asto Business Capital loans are now available on the Funding Options platform as part of a long term partnership with the business finance marketplace. The Santander-backed app joins Funding Options’ roster of more than 200 lender partners, offering loans of as little as £150 or as much as £150,000, to help small businesses plug urgent cash flow holes.
So far, the first half of 2020 has felt like six years, not six months. Every new month seems to bring with it global challenges and the threat of coronavirus still looms. The knock-on effect of COVID-19 has been significant, with the FTSE100 losing nearly a quarter of its value in late March - the biggest drop in history.
Cazoo, the UK's fastest growing digital business which is transforming the way we buy used cars, has today joined the exclusive list of companies known as unicorns, with valuations in excess of $1bn. Founded 18 months ago by serial entrepreneur Alex Chesterman and having launched only 6 months ago, Cazoo is now the fastest British business ever to have reached the rare and coveted unicorn status.
For many businesses, scaling up and sustaining growth often seems unachievable, even when the brand has a profitable product or service. Investor and advisor, Sharon Brown, principal of Amplify Equity Inc. has recently adopted a laser focus for helping businesses step-up to the next level by leveraging investor expertise, industry experience, networks, and connections to help them grow faster.
It goes without saying that for any business, in any sector, in order for it to survive, grow and prosper, sales are imperative, because sales generate profit and cash flow and these are the lifeblood of any business. It is understandable, therefore, that I often overhear the question ‘how do I promote my business?’
When (or indeed if) office-based employees make a return to work, now that lockdown restrictions are slowly beginning to ease, they are likely to find a very different world to the one they left behind. Startups, by their very nature, are inherently innovative, adaptable, flexible, and more willing than most to embrace change.
In the last few months, COVID-19 has impacted businesses in profound ways. Throughout that time, I’ve heard from organizations, large and small, how they’re staying connected with customers through technology. This has always been core to my team’s purpose, but we can do more to help businesses and nonprofits through this crisis.
Start it X, the programme dedicated to driving innovation within large companies, announces the launch of a new matchmaking service. Start it X will help corporates innovate by connecting them to established scale-ups from all over the world. In doing so, the accelerator gives Belgian companies faster access to innovations developed in other countries while positioning the Benelux as a highly attractive region for trade.
European challenger bank bunq today joins forces with global charities to aid its mission to make the world a better place. Following a public beta programme, which saw bunq ask its users to share their insights and to test its new app before rolling out to the masses, bunq is now unveiling ‘Common Goals’.
Lipreading-friendly face masks, digital medical services and contact-free ATM buttons among winning business entries to The AdamStart COVID-19 Innovation Challenge, as British entrepreneur Adam Bradford has revealled the five winners of the AdamStart global entrepreneurial challenge to tackle COVID-19.
Emerging and fast-growing markets offer the biggest opportunities to build and grow a brand. If you can start at the point of early adoption and gain enough traction, your brand could become a leader as the market becomes established. Identifying the right market is about understanding cultural trends and then positioning your brand as the solution to shifts in consumer behaviour and growing demands such as meat and dairy reduction or a move towards a more natural, skin-first makeup routine. With the right timing, you can hit a perfect intersection like the widespread adoption of craft beer coinciding with the cultural shift towards independent brands.
The number of people on UK payrolls dropped by 612,000 between March and May, according to early data from the Office for National Statistics and HM Revenue and Customs that is starting to show the depth of the hit to the economy from the pandemic. The UK unemployment rate for the three months to April 2020 was estimated at 3.9%, 0.1 percentage points higher than a year earlier but largely unchanged on the previous quarter.
Personalised health management platform, Span, has announced the launch of its new subscription-based business offering to help employees prevent and reduce symptoms of lifestyle-induced conditions - Diabetes, Hypertension, Polycystic Ovary Syndrome, Obesity and IBS. The platform offers personalised, continuous nutrition and mental wellbeing plans and on-demand consultations with clinicians.
Over the last few weeks, Chancellor Rishi Sunak spelled out how he and the Treasury plan to end the Job Retention Scheme - also known as furlough - at the end of October. The scheme is currently paying 80% of the wages of at least 8.4 million workers placed on furlough by their employers. Many are concerned that the majority of these workers will be made redundant as soon as the scheme ends, leading to mass unemployment.
With recent news showing the British economy shrunk by 20.4% in April, several business owners are concerned about whether their businesses will recover and what the 'new normal' will look like. Here we chat to Pete Reis-Campbell, CEO and Founder of Kaizen, who discusses how he navigated the pandemic why remote working is the future for many companies.
….you never know what you’re going to get. Although Forest Gump didn’t technically say that, there is some truth in it: no two leaders are ever the same. Think about the people you’ve been led by in the past - maybe they were a crunchy-coated, brittle leader, they might have been soft and gooey, or chances are you’ve probably had a few nutty ones as well. You never know what you’re going to get.
The Tech to Connect Challenge was launched in the summer of 2019, in order to develop early-stage ideas for technology that enable more or better interactions between people. The challenge looked for the most innovative ideas, helping them turn these ideas into prototypes that have the potential for real change.
The Bank of England has revealed that it may take the cost of borrowing below zero for the first time in its over 300-year history; following moves by Eurozone countries to introduce negative interest rates. The move could effectively mean that savers pay to have their money with banks and are incentivised to borrow money and increase their spending.
During Mental Health Awareness Week last month, in the UK and for seven days, the nation paid itself some attention and shone a light on the impact of work and COVID-19 on our wellbeing. For the rest of the year, however, we must continue to look after each other and our mental health in and out of work.
Death. A big topic, and generally as much a part of the everyday news cycle as politics or celebrities. From natural disasters to major atrocities, the subject never really goes away. That being said, it feels quite different at the moment. With death tolls now a media centrepiece, it’s playing a much bigger part in public conversation. At Farewill, where our 90-strong team of designers, engineers and psychologists are working to bring the death industry into the 21st century, we’ve noticed a real change in the way people are discussing and dealing with it.
Unfortunately, the Covid-19 pandemic continues to take its toll on our everyday lives, therefore, it is important we maintain high spirits and support each other and our local communities as much as possible. As non-essential stores remain closed until further notice, there is little we can do to help with this reality. However, for those small local shops and convenience stores that continue to provide us with our essential items and necessities, there are steps put in place to help support their success during this tough time.
Conducting a regular business audit is a vital document that is needed to help monitor and inspect the financial situation of a company. To prevent losing track of assets and overheads a business has, audits help bring clarity to managers where their cash in-flows and out-flows are going to and from.
According to UK Government statistics some 660,000 new companies are established each year and many of these will have plans to scale rather than to remain a micro business. Some founders will of course be happy to run their startup as a side hustle, and others will only be looking for a lifestyle business. But for many others that are looking for something larger, ‘how do I scale my business?’ is a question that I am often asked.
As we live through the most connected time in history, its clear to see that data plays a huge role in many businesses. It’s what keeps businesses running smoothly, so naturally it needs to be of the highest quality. But what are the most reliable sources? Customer feedback is at the top of most businesses lists. Customers certainly won’t hesitate to tell you what they like or dislike about your product or service. But how can we use all this information? Can conversations with call centres or an online chatbot harvest all the value from these conversations?
Ontruck, Europe's leading digital road freight platform, has secured an investment round of €17 million euros led by OGCI Climate Investments (OGCI CI). Existing Ontruck investors, Cathay Innovation, Atomico, Idinvest Partners and Total Carbon Neutrality Ventures, participated in the round, with Endeavor Catalyst joining as a new investor.
Artificial intelligence (AI) is transforming the technological landscape of the future. US-based technology company, is developing a consented and privacy preserving public dataset of human interactions for AI research. This video content will help researchers to advance the possibilities of machine learning within their applications. The contributors to the project are remote workers in the gig economy, also known as the ‘human cloud’. They are being crowdsourced by freelance hiring platform, Twine, through their extensive community of 350,000 freelancers.
The team at Quotezone.co.uk, an insurance comparison site, surveyed 600 UK businesses about how they are dealing with the lockdown. The research revealed that two fifths of UK businesses (39%) have had to pivot their offerings since the beginning of lockdown, with 76% of these providing a brand-new service.
Since the Coronavirus outbreak, multiple concerns about the pandemic deepening social and economic inequalities have been raised. The latest ‘Ecoystem’ webinar session brought together leading investors and one of world’s largest engineering and manufacturing companies in a conversation on challenging industry perceptions to break down barriers to VC funding and innovation.
Tech Nation, the growth platform for tech companies and leaders, has announced the new Net Zero growth programme. The programme is designed to support tech companies that are building a greener, cleaner, and more sustainable future, and helping the UK reach its goal of net zero greenhouse gas emissions by 2050.
Being out of work during ordinary times is not fun. It can weigh a heavy impact on one’s confidence and sense of wellbeing, as well as being demoralising. This applies to people whose employment has been put on hold through, as they have been in the United Kingdom, furloughing schemes designed to prevent mass redundancies. It also applies to students whose future employment and careers have become uncertain after in-person lectures and exams were put on hold. The breath of fresh air is that some lockdowns, including the one in the UK, are beginning to ease.
Startups Magazine has been lucky enough to interview Kevin Smith from Boom & Partners, a business that offers bespoke mentoring for startups to help them grow and thrive. Having teamed up with Kevin and Boom & Partners many times already, we thought it was time to get his expertise on some of the most pressing conundrums for startups
A HOSPITALITY tech start-up is offering bar, restaurant and casual dining owners a way of introducing safe, contactless customer interaction to comply with social distancing guidelines. ePOS Hybrid has been working on developing new software to help the beleaguered hospitality industry rebuild from the Coronavirus pandemic since lockdown began.
The global workplace stress management market size is expected to reach $11.3bn by 2025, rising at a market growth of 8.5% CAGR between now and then, while the global workplace wellness market, which was valued at $46.08bn in 2018, is growing just as rapidly and is expected to reach $74bn by 2026, expanding at a CAGR of 6.1%. However, BioSelf Technology, a UK startup headquartered in London, on Harley Street, has developed a pioneering, clinically validated, wearable device to combat the growing stress pandemic.
The Halo Effect is a type of cognitive bias, commonly known in marketing as the tendency for positive impressions in one area to influence one's opinion or feelings in other areas. When it comes to branding specifically, I believe that this effect has been demonstrated to reinforce as well as rejuvenate a brand in the eyes of its fans, it can be utilised to spark conversations around it and thus leading to more organic growth. The question that poses itself is how can we successfully achieve this effect, and why is it necessary to keep a brand alive in the fast paced and media devouring environment that we live in today?
Given that up to 50% of any population identify as introverts, organisations with an unbiased recruitment process will have a fair proportion of introverts in their workforce. If their promotion panels are fair and equitable, some will reach positions of leadership. However, many introverts spend much of their working life pretending to be more extraverted in order to fit in and be accepted. This comes with a heavy price tag; overwhelm and burn-out. Introverts need strong, well-defended boundaries and a personal strategy for replenishing.
Mayku's desktop factory is turbocharging Britain's creative businesses by enabling rapid design, prototyping and high-quality production. Co-Founder and CEO of Mayku, Alex Smilansky, discusses the efforts to support businesses amidst the pandemic, and comments on Mayku's 100% month on month growth in lockdown.
Perhaps you know it: the iconic scene from Jerry Maguire where Dorothy (Renee Zellweger) stares longingly at Jerry (Tom Cruise) as he declares his undying love for her, announcing that she completes him, hoping it will win her over but he needn’t have, he had her at 'hello'. She was gripped from the moment he walked in, she wasn’t listening to his fumbled speech, she was mesmerised, and one thing is for sure, she certainly wasn’t thinking about leadership. Nope. That was far from her mind.
Earlier this month, the UN warned of global mental health crisis due to COVID-19 pandemic. As the world is returning to 'new normal', serial entrepreneurs and key figures from the real estate and venture capital industries opened up in a conversation around surviving a crisis and channelling trauma into strength.
Analyst relations. For many startup founders and marketing teams, it’s still a bit of an unknown. There’s no question that it’s a valuable marketing strategy, but there’s a surprising lack of literature advising startups on how to make it work for them, when to start, and what to do in a briefing. This article looks to state the case for analyst relations in a startup context whilst providing some valuable insight from the analysts themselves.
Alongside a few others, I recently gave a talk to a university conference where I explained my progress in the past year, successes and changes, and my plans. What was interesting, hearing my own answer alongside the other start-ups called in to do the same, was that things have generally 'paused.' We have stopped every financial outgoing we possibly can and are reaching out to investors and clients alike only to be told that they are in the same position – 'expect nothing soon.'
Law firm Taylor Wessing’s work with the Mayor's International Business Programme, and its work day-to-day with VC-backed tech companies has shown that most UK companies look to the US or Asia before Europe when looking at new markets. However, Europe is on our doorstep, and has its own advantages which shouldn't be ignored. This article by Mark Barron, a corporate technology partner at Taylor Wessing, will cover what you need to think about in choosing Europe as the first stop in your international journey, and a few of the key advantages in doing so.
OurCrowd, a crowdfunded-venture investment platform, has announced the launch of its Pandemic Innovation Fund. The Fund plans to raise $100m for investment in urgent technological solutions for the medical, business, educational and social needs triggered by global pandemics and other health emergencies.
Startup Zhiyun, the world’s most popular gimbal brand for cameras and smartphones, has announced the launch of the SMOOTH-X smartphone gimbal. SMOOTH-X is a stylish palm-sized foldable gimbal that weighs only 246g and easily fits into your bag – or even your pocket. With the new dedicated ZY Cami app, SMOOTH-X provides new ways to capture and create stories. Unfold your world with foldable SMOOTH-X – it is a whole new spin on the gimbal.
As spring turns into summer and the fears of lockdown turn into the uncertainties of release, many early stage companies are effectively having to start all over again, either because they have been temporarily closed and have been in something of a coma like state, or because they have pivoted and the business plan has changed from the original. The question being asked by so many, is ‘what do we do and how do we go about it?’ and is focused around the fundamental question that takes all founders back to the origins of their business.
The world feels upside down, right? Mankind is not meant to stay locked inside. We need wide spaces, open-air, opportunities and horizons. As the world stopped and placed us in a timeless lethargy we find it hard to remain optimistic. The same question goes round and round in our heads as we stare at the azure of the sky through the window: How is Coronavirus affecting the future of work?
We are in a state of an unprecedented global health crisis. Coronavirus has spread with similar speed and impact to an earthquake – with confirmed cases surpassing 5.5 million people in under six months’ time. Economically, according to IMF managing director Kristalina Georgieva, the world is facing the 'deepest recession since the 1930s Great Depression'. A shock to the system, which has transformed the way we work, communicate and live. And fundraise. Last week a research by Plexal and Beauhurst revealed investment in UK tech startups has dropped by 50% year-on year. What should companies fundraising know, how to prepare and how has the VC landscape changed?
As employees return to work, UK businesses are likely to face a backlog of annual leave requests that could cost thousands of pounds. By collecting data and analysing the average monthly salary at a baseline at £2,214 and at least 50% of employee annual leave owed, Coworking Specialists Instant Offices have calculated how much it would cost for companies of different sizes to pay staff for a minimum of two weeks of annual leave.
Like many good things in life, The Hustle House started out over a couple of G&T’s. Free ones at that. Maybe it was because Fiona had her laptop out in a restaurant on a Friday night, or maybe it was because the waiter felt bad for seating them late. Whatever the reason, the free G&T’s set the tone for a discussion on possibilities, on the notion of leaving behind the comfort blanket of corporate life and taking the plunge into the start-up world.
Collision from Home announced that Dr. Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization will be speaking at Collision from Home on 23rd-25th June. The Director-General will be asked about COVID-19 and the fight against this unprecedented global pandemic from the unique viewpoint of the World Health Organization's overarching access to the frontline.
Technology platform for mobile computer vision and augmented reality (AR) solutions for enterprises, Scandit, has announced that it has raised $80m in Series C related funding led by G2VP, a Silicon Valley venture capital firm of former Kleiner Perkins partners. They were joined by Atomico, GV, Kreos, NGP Capital, Salesforce Ventures and Swisscom Ventures. Scandit has previously raised $43m.
After nine long weeks of lockdown, businesses are starting to re-open or, at least, planning to reopen in the near future. For some of the luckier ones this might be possible without having to make too many, or too onerous, changes. For others, the planning will need to be much mere detailed and the implementation will be much more complex.
The severity of the COVID-19 pandemic, and necessary Government restrictions to curb the spread, has thrown millions of the UK’s small and medium sized businesses into a period of uncertainty, and in many cases, hardship. The Government has announced a series of sweeping, comprehensive and extraordinary measures for businesses to help them weather the storm
Africa is a land of innovation! For several years now, initiatives have been multiplying to publicise the dynamism of this continent full of future. From Futur.e.s in Africa organised in Casablanca in collaboration with Cap Digital to EDF’s Pulse Africa competition, African technology is seducing by its ability to break codes and propose effective solutions to current issues.
Over £7.25bn has now been paid to more than 40,500 businesses under the UK government’s Coronavirus Business Interruption Loan Scheme (CBILS). More than 130,000 applications were also received for the newer Bounce Bank Loan Scheme (BBLS) on the first day of launch alone, with SMEs able to apply for between £2,000-£50,000.
On 29th April, 2020, the Red Herring judging panel announced the winners of its competitive Top 100 Europe Award. Inspekto, the German-Israeli company founder of the Autonomous Machine Vision category, was one of the companies to receive the prestigious recognition, which celebrates the achievements of visionary enterprises and their potential to revolutionise their respective industries.
The global pandemic is creating huge uncertainty for people, businesses and livelihoods in the UK. To support those who are looking to better understand the new government financial support that is available and how it can help them, Jim Harra, Chief Executive and Permanent Secretary of HMRC, will be participating in a LinkedIn Live interview and Q&A hosted by Emily Spaven, UK Editor of LinkedIn News, on Thursday 21st May at 3pm BST.
If a guest asked for toast, would you butter a piece of bread and serve it up to them? No way - the ‘toasting’ is the essence of toast, and anything else is simply a job half done. The same applies to your brand. Skipping straight to designing your business logo is equal to spreading the butter straight onto bread...it’s ineffective and lacks the ‘essence’.
Mental health startup, Flow has become the highest scoring free depression treatment app in the ORCHA App Library. The inclusion means that many NHS trusts and healthcare professionals, who have their own bespoke App Library using the ORCHA platform, can now include Flow in their library and directly recommend it to their patients to reduce symptoms of depression - particularly during the current coronavirus pandemic.
A considerable task business owners face during the outbreak is keeping teams motivated and productive in the face of uncertainty. According to the people management and CIPD poll, around 63% of employers say anxiety is the biggest challenge facing their organisation right now, followed by the inability for their teams to work remotely.
Most of us want to do our bit to save the planet. We’re aware of the ongoing risk of climate change. We’ve all watched David Attenborough’s Blue Planet documentary, and we’ve watched the Facebook videos of our oceans filled with plastic, and our sea life swimming amongst dozens of empty drink cans. But after seeing these saddening sites, do we actually try to do anything about it?
Many businesses ask me many questions but one of the questions that has become more common over the last few months is whether their business should pivot. Regular readers will know that many of the answers to questions I overhear are often prefaced with ‘well it depends’ but this question can in many ways be easier to answer than that.
A deep-learning medical imaging analytics company, Zebra Medical Vision, has announed its fifth FDA 510(k) clearance for its Vertebral Compression Fractures (VCF) product. The company’s latest AI solution automatically identifies findings suggestive of compression fractures, enabling clinicians to place patients that are at risk of osteoporosis in treatment pathways to prevent potentially life changing fractures.
There’s no denying that living in lockdown amid a global pandemic is something new to us all. And for millions of workers across the country, they’ve spent the last few weeks working from home as a result of social distancing. Here, Parin Ashra, UX/UI Designer at Perlego for mental health awareness week, delves into mental health within businesses, and why we should be doing more.
Indorse is a Coding Assessment Platform for recruiting, hackathons and upskilling. It leverages a community of leading software developers spread across the globe to assess coding skills and tech capabilities. We spoke to Gaurang Torvekar, Co-Founder and CEO of Indorse who did a Q and A with Startups Magazine about the current climate for Indorse.
In the current climate, many of us have found ourselves in different working environments - with the majority of people working from home. With our home and work spaces becoming the same place, it’s more important than ever to ensure you take steps to create some separation and avoid burnout - a common issue faced by small business owners.
As countries in Europe begin to ease some of the Coronavirus-related restrictions, the UK government has announced it will begin to follow suite. From Wednesday, the national population can take unlimited exercise outside and people who cannot work from home should return to the workplace, avoiding public transport.
Global efforts to combat climate change have been stifled recently, with an unprecedented crisis shifting the focus of governments, businesses and consumers away from the plight of the planet. We’re engaged in a war against an invisible enemy; and COVID-19’s dire importance has placed many environmental initiatives on hold.
Decathlon has announced it is rolling out MishiPay’s mobile self-checkout solution across its 81 German stores. The innovative technology is already live in Decathlon Deutschland stores in Berlin (Berlin Hauptbahnhof), Munich (Munich Connect), Cologne (Marsdorf), Schwetzingen and Plochingen, with more locations being added every week
Blackfinch Group announces the launch of the #ISOLATIONINTERN platform in partnership with investment industry firms and universities to enable specialist talent acquisition under Covid 19 Restrictions. The initiative aims to supercharge early stage companies and help keep this vital sector of the economy on track.
Throughout history there have been several significant events which have led to mass deaths defining the course of civilisation. Among these are World Wars, plagues, pandemics, and epidemics including the black death, flu pandemic of 1889-1890 and more recently Swine flu, Ebola, and our present challenges with COVID-19. They are all examples of major historical outbreaks that have taken lives and steered the course for public health development, social and medical innovations some which still being used today.
Sage has released the first edition of the SMB Tracker, highlighting the latest weekly sentiment from businesses across the UK. This week the Tracker finds that a greater proportion of the UK’s small and medium sized businesses may have either applied or intend to apply for the Coronavirus Job Retention Scheme (JRS).
Modern day advancements in technology and resources, as well as a much wider range of funding options, mean taking an idea from initial concept to startup has never been easier. One thing that you can’t create a shortcut for, however, is understanding the fundamentals of scaling a business - and getting it right.
With the UK charity sector estimated to be facing a £4 billion loss in the next 12 weeks and 50% of all businesses putting most of their staff on furlough as a result of the Coronavirus (Covid-19) pandemic, Freestyle, a Midlands-based digital product studio - has launched a unique service helping charities connect and find support from local businesses and its furloughed workers, Charity Matcher.
The COVID-19 pandemic is having a devastating impact on businesses and the economy in the UK. Access to finance for business, as provided by banks and financial services institutions, is imperative in these trying times. Whether you’re a shopkeeper, sole trader or multi-national company, the chances are you need help right now, and getting access to that support is a top priority.
As we emerge blinking into the light post lockdown, what will the ‘new normal’ look like? The questions that I am overhearing have changed very recently, from those covering how to survive during lockdown, to those focused around how to get back to normal working? In truth, the questions vary from the theoretical to the practical, but in essence they all ask, ‘how will we adapt to the ‘new normal’?
Bot-Hive, a digital marketplace for robotics and AI solutions has successfully completed a six-figure equity funding round. Bot-Hive is a digital marketplace which connects SMEs with the right automation technology for their business and shows them the best way to introduce robots to their workflow processes.
Hub71, Abu Dhabi’s growing tech ecosystem, has expanded to 51 startups with the announcement of 15 new joiners to the Hub71 Incentive Program. The Hub71 Selection Committee prioritized global startups in the field of HealthTech and EdTech, which provide essential technologies to support the private and public sector as they adapt to the challenges of the COVID-19 pandemic.
Founded in early 2019, Funded.club provides recruiting services for startups and scale-ups. Rather than charging based on a percentage of annual salary, Funded.club receives only low success fees that come in 70-80% less than a regular recruiting agency, irrespective of the salary offered or how long it takes to fill a position.
Temenos, the banking software company, has announced the launch of Explainable AI (XAI) models to enable banks and credit unions to rapidly offer loans to small and medium enterprises (SMEs) that have seen their cash flow disrupted by the Covid-19 outbreak. These patented XAI models allow banks to accelerate digital onboarding, conduct eligibility checks and process loan applications for SMEs and retail customers.
The first step in an energy company collaborating with a startup is to ask itself a simple question: why? In part one of this series, we answered that from a wide-angle perspective – because the industry needs to innovate to keep up with the pace of change, and collaboration with startups appears the quickest, surest way to do so. Because the old model of fiercely guarded, siloed research has reached its limit.
More than 28-days on from the Prime Minister’s lockdown measures closed the door on many businesses, Toby Harper said help, for many, was still 'painfully slow.' He said the Chancellor’s new £1.25bn coronavirus package to protect firms driving innovation in UK , which includes a £500m investment fund, asks more questions than it answers.
Around nine million accidents happen in Germany every year – sometimes with lasting health consequences for those affected. Personal accident insurance helps to cushion the financial burden. Getsafe has decided to offer its customers a digital accident insurance product. This marks an important step for the company towards life insurance and shows that even personal, complex insurance products work on the smartphone.
Money most certainly does not buy happiness, but it does make the world go round. And the lack of money can lead to hardship in many ways. A question that I keep overhearing recently is about whether it is still possible to raise finance during the coronavirus pandemic. The simple answer is yes… maybe!
Aging is a slow process, and often a very painful one. The truth is the older we get the more assistance we need. Most of the time, the system we live in does not provide the right support for seniors. As the market continues to cater more to the younger, more digital-savvy consumer, there is a hole being created by the large retailers.
A new not-for profit social impact grant scheme has been launched, the Energy for Tomorrow (EfT) campaign. This grant scheme has been created by Centrica to support and empower entrepreneurs, particularly those from underrepresented groups, who have concepts and innovations to tackle climate change, lower energy bills, and deliver real impact to people and communities.
The Francis Crick Institute today announces that it is deploying a cloud-native simulation engine developed by UK start-up, Hadean Supercomputing, to simulate how COVID-19 spreads both in the body and through the wider population. The Francis Crick Institute and Hadean are working together to accurately forecast how the virus spreads in order to help governments, public health authorities and businesses make fast, informed, and in many cases, life-saving decisions.
Ingenious has announced that its Infrastructure Ventures EIS Service has led a $4m A-series investment round in Shoreline. The Norway-based startup has built an intelligent field operations and project development platform to help develop profitable wind projects by constructing and operating them efficiently using intelligent schedule optimisation and simulation.
The current pandemic has brought shock and uncertainty to businesses across the world. From global heavyweights to SMEs that are the backbone of the British economy, the question for many leaders is, how can we keep afloat during this crisis? Thankfully we live in a digital age where many businesses can be taken online. Along with government support, there are many tools that can be easily accessed to pivot during this period.
More than ever, cash flow is a key issue for small businesses, and understanding it is crucial to making informed decisions at the right time. The government will be asking businesses to demonstrate that they have an understanding of the state of their cash flow as it stands, and in the future before allowing access to the grants and schemes being offered.
A leap of faith involves having a basic belief in yourself and a fundamental trust in the vision of who, what, and where you want to be in the future. This is something that Steve Arnold, the now CEO and Founder of e-days, did back in 2016. Since then his startup has grown from a side project to a successful scaleup with over 1,500 customers across 128 countries. Startups Magazine caught up with him to find out more.
Skim read the annual report of a major energy company from 2010 and you won’t come across many instances of the terms: 'innovation' or even 'startup'. Now, it is a different world. Even the slowest moving established energy companies (perhaps especially the slowest moving) recognise that innovation is key to survival in a changing market and that collaboration with startups is a good way to go about it.
Nottingham University Business School announces May event to help business leaders survive and thrive in the ‘new normal’. Chief Executives, HR, Learning and Development and Talent Management professionals are being brought together by Nottingham University Business School to plot their way forward from the Covid-19 pandemic which is threatening irreversible damage to the UK economy.
Businesses in the UK, and across the world, are facing unprecedented challenges in order to survive and thrive in the wake of COVID-19. Scaling businesses are facing an additional and unique set of challenges, as many will be in the ‘critical growth’ phase which is often loss-making – embarking on a stage of expansion in order to achieve future revenue growth. This makes the current climate daunting to approach.
Applied Blockchain has completed a £2m funding round lead by Hong Kong based venture capital firm, QBN Capital. The newly-injected funds will be invested in developing a platform using privacy enhancing technologies to help companies to collaborate and generate meaningful outcomes together, without having to share any of their data.
With COVID-19 continuing to be at the forefront of everyone’s minds it can be hard to prioritise the right things for your startup when it comes to managing money. This is undoubtedly a tough time for everybody, but for startups, freelancers, sole traders and small business owners, it’s hitting particularly hard.
UK-founded marketing technology company ContentCal has secured a £2.5 million investment from early and growth stage investor Fuel Ventures with participation from existing shareholders. The new funding will be focussed on driving customer growth, product innovation and doubling the size of the team.
In the UK educational technology (or edtech), is currently significantly under-funded, compared to a market like the US. Despite this, London-based company The Profs is shining through and making great strides when it comes to enhancing the offering of one-to-one education. Startups Magazine caught up with Founder Richard Evans.
Found & Flourish is a female founders and aspiring entrepreneurs online membership, media & events platform. We have over 10,000 women within our network and run on average 40 events a year. Our mission is to empower women in business to launch, grow and scale their dream businesses. We also provide services, resources and community to support the women at every stage of their entrepreneurial journey.
Any business at any time has to constantly be considering how best to trade in the present, and how best to trade in the future. This is equally true in the good times as it is in the difficult times. For many, this strange period where the world is caught up in the coronavirus pandemic is certainly one of the much more difficult times, but for some lucky businesses it is actually a period of rapid growth and great opportunity.
Since the COVID-19 pandemic was declared on the 30th January, OVHcloud have been carefully observing how the situation has developed across the globe. Today, depending on the guidelines issued by governing healthcare authorities, the company is managing local situations in all regions where it has teams. It is doing this to guarantee the employees’ safety, and also guarantee continuity for customer services.
A staggering 66% of startups have less than 12 months runway and 39% have less than six. These bleak statistics paint a somewhat gloomy picture and yet, in the UK alone, we saw a steady 8.5% increase in the number of companies being registered last year, so these figures are certainly not deterring the business leaders of today. Here James Hyde, CEO and co-founder of James and James, explains more...
As a global pandemic sweeps large parts of our world, one could be forgiven for not having their new marketing strategy or business pivot plan at the top of their agenda. We are collectively experiencing some form of anxiety to one degree or another, with our systems on constant, low-level 'limbic alert'.
In the current climate, overcoming the fallout from the coronavirus crisis will be a top priority for most, if not all, businesses worldwide. However, this does not mean we can ignore the underlying challenges that continue to impede global progress towards goals like ending the gender diversity crisis.
The COVID-19 pandemic has hit the economy hard, and small businesses in particular. The UK Government is moving at great pace to implement unprecedented economic assistance measures, but even with their best efforts, the dramatic drop in footfall over recent weeks has made it difficult for small businesses to survive even in the short interim period.
STARTUP3 is a new business acceleration programme that aims to bring innovative tech ideas into the industry through its extensive business and growth programme and pool of corporates and investors! Funded by the European Union under the Horizon 2020 programme, it allows startups and SMEs to gain extensive and expensive set of business services for free, mentors from big European corporations, direct access to the corporations and investors.
As a keen runner, I have always felt a little caught between a rock and a hard place when it comes to headphones while exercising – from the inner earbuds, which while relatively comfortable, tend to be quite unstable and are prone to falling out; and the over-ear versions which are pretty sturdy but by the end of a run feel like they’ve pushed your ears through a mangle (and are not to mention very sweaty). My interest was piqued therefore, when I heard about a new earphone kid on the block, Drown Audio, so I was all-ears when I spoke to Founder and President, Mark O’Callaghan.
Coronavirus is on everyone’s lips, not literally but figuratively. And for very good reason. It seems so long ago already that the only thing in the news was all things Brexit, and how companies will need to adapt in order to survive, and now that has been brushed aside by a much bigger and more urgent threat – coronavirus.
Farm491, the AgriTech incubator based at the Royal Agricultural University, has adapted its season of events exploring the future of British Farming to comply with the UK’s Covid-19 social distancing measures. The organisation has developed a programme of webinars throughout April, many of which will be available to everyone, with a few select online events being held exclusively for its members.
The current global situation has affected many different industries, businesses and individuals and it is safe to say we are only just getting into the real mix of it. A lot of people have been talking recently how this could change the world in some way forever. One area that is has affected in an interesting way in the insurance technology area. We decided to catch up with and ask a few questions to Christian Wiens, CEO and founder of Getsafe about the insurtech space, and the current situation for them.
When Monzo needed to launch their new business accounts, they asked Studio Output to help develop the visual identity. Over a series of design sprints, the partnership delivered an identity system with the simplicity and magic people love about Monzo, and the trust and reassurance businesses need from a bank.
Pluralsight, the enterprise technology skills platform, has announced that in an effort to encourage technology learners around the world to stay safe and stay home, the company is offering full access to its entire platform of technology skill development courses for free throughout the month of April. Technology learners that currently do not have a paid Pluralsight subscription can now access more than 7,000 courses taught by the world’s leading experts in their respective fields free of charge.
This startup has one of the nicest mission’s I have ever come across, and especially with the current global situation it seems we can all use a little bit of Livitay in our lives. At Livitay they are on a mission to make people happier at work. Day to day the co-founders, Jack Needham, James Naylor want to empower teams and individuals to take their wellbeing into their own hands using technology.
Treedy’s, the technology market-leader in ensuring the right clothing size for customers via instantaneous, fully-clothed and precise scanning technology, today announced it is making available its first generation software as open-source in order to facilitate access to its cutting edge quality 3D scans by research institutions, universities and other non-profit organisations.
Many of the world’s most successful entrepreneurs claim they’ve learned their best life lessons from making mistakes and bouncing back. But that doesn’t mean that expensive errors should be embraced. Spotting problems early on and better understanding the challenges ahead can help limit the cost and potential damage when things don’t go as planned.
A practical support package to help businesses through the coronavirus emergency has been put together by Teesside University. Along with other agencies, the University is working with the Tees Valley Mayor and Combined Authority to ensure a coordinated approach, helping the region’s businesses to stay resilient and to be ready to grow when the crisis is over.
'How to prepare your brand for the next stage of growth': Many of us have tried a digital detox for ourselves: whether we’re trying to get back to nature, not ignore our families, or just step away from the phone for more than an hour! It is often far harder than we think, no matter how many influencers go on about it - ironically, on social media.
Planet saving startups and entrepreneurs now have just one week to apply to this year’s Postcode Lotteries Green Challenge, one of the world’s largest competitions in sustainable entrepreneurship. Postcode Lotteries Green Challenge rewards British, Dutch, German, Norwegian and Swedish startups that successfully combine sustainability, entrepreneurship and creativity to help tackle some of the world’s most pressing environmental challenges. This year’s competition closes at midday (GMT) on 1st April.
The Coronavirus pandemic will change online behaviours significantly and possibly permanently both for consumers and businesses. People have been forced to access information in new ways, interact and purchase new and different products and services online, and the longer this continues, the more likely these are to become habits.
THE Covid-19 pandemic has made logging on to Zoom and Microsoft Teams part of a new daily working routine for millions of Brits. The use of the video-calling tools has exploded in the past fortnight with people following Government advice to stay at home. But there are increasing fears at how this key tool for home-workers is bringing new dangers.
Running your own business is not an easy thing. We know this. Everyone knows this. I am not saying anything revolutionary when I make this statement. But why is it hard? Well, to maintain financial and psychological wellbeing is tough for business owners but they’re not exclusive in feeling these worries, many employees also find maintaining financial and psychological wellbeing to be tough.
In today’s technology-driven world it’s easy to forget that some sectors have remained relatively untouched by its advance, and the global gold jewellery industry is a case in point. On the face of it, it’s perhaps difficult to see exactly where technology could make an impact in this extremely traditional industry, which hasn’t changed much since the ancient Egyptians began to adorn themselves with gold nearly 3,000 years ago.
As the coronavirus pandemic continues to disrupt and dominate our lives, feelings of anxiety are completely normal during times of uncertainty and in some cases isolation. Everyone will be impacted in a different way and it is important to remember that you are not alone. Already there are so many stories emerging of human kindness and compassion and people pulling together to help and support each other.
The Tech to Connect Challenge was launched in the summer of 2019, in order to develop early-stage ideas for technology that enable more or better interactions between people. The challenge looked for the most innovative ideas, helping them turn these ideas into prototypes that have the potential for real change.
The coronavirus pandemic has turned off the lights in millions of offices, factories and shops across the UK. But for many businesses who have switched to home-working the cost of their now empty property will still need to be met. And that dilemma is now causing growing concern among businesses – many of whom have seen revenue totally stop in the wake of the Covid-19 crisis. Today one of Britain’s leading law firms has advised companies with concerns over meeting the cost of commercial leases to hold 'sensible' discussions with landlords as quickly as possible. Harper James Solicitors also advise firms yet to get a plan in place to do so – before it is too late.
We invest in people that are very similar to us. That in itself it can be a good thing, the problem is that men invest mostly in men! Having spent the last eight years in venture capital investments working with many entrepreneurs during their journey from early stages into growth, I realised that there are differences in the way the women entrepreneurs in my portfolios experienced the fundraising journey.
These are strange times, unsettling times, and if I am honest this is not a normal question that I overhear much in more normal times, but recently THE question that I keep hearing is ‘do I have to work remotely and what does that mean for my customers?’ or, put another way, ‘does remote working have to mean working remotely?’
Cloud computing might be a relatively mature technology now, well-adopted by many types of SMEs, but changing your cloud strategy can still be daunting. Do the benefits of multi-cloud outweigh the costs? Is it worth the additional time spent managing multiple services, especially for a smaller business? I think that it is, and here’s why.
Jo White, Marketing Manager at customer relationship management software specialists Capsule, looks at the top sectors destined for startup success in 2020 and beyond. She explains how startups can leverage the latest technology to build lasting and meaningful personal relationships to deliver the excellence in customer experience needed to make it big.
The celebrations continue for International Women’s Day this weekend with the ‘Women owned: Women's worth event, which is designed to empower communities all across the world. Hosted by Charisma events, this event is designed to encourage everyone to come together in honour of International Women’s day – females, males and non-binary – everyone is welcome to discuss key issues around business leadership and financial tips to help bring success.