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.
Any business at any stage of its life must be able to adapt and change to changing circumstances. One of the very real benefits that early stage businesses have is that they are small and fast on their feet and are therefore perfectly structured to be able to react swiftly to changing circumstances.
With the UK currently home to more than 5.9 million SMEs, the likelihood of reaching success for any small business owner depends largely upon their ability to make their company stand out from the crowd. Differentiating your brand from others can be a challenge in any industry, but with the right knowledge and mindset it can be achieved.
The Australian Business Visa Company, has been founded specifically to help UK companies considering their options for international expansion to Australia. With a trend of nearly two in five businesses looking to leave the UK, and Australia receiving over 30,000 personal visa applications each day worldwide and expecting a 50% increase in the foreseeable future ABV co. is well placed to assist UK businesses looking at new options.
As coronavirus continues to spread, more people are being encouraged to work from home in the coming weeks and months. If this isn’t something you’re used to doing, the prospect probably invokes one of two feelings. Either you’ll be looking forward to a break from commuting and queuing for the kettle, or you’ll be horrified at the thought of enduring your own company all day, every day.
A startling statistic from the European Commission’s: when it comes to European startups, 83% of startup founders are male. At the European Institute of Innovation & Technology (EIT), we want to see more women entrepreneurs: more female ownership of startups, and more businesses owned by women. It’s about equality and social inclusion, it is also about a good economic sense and using Europe’s biggest untapped entrepreneurial talent pool - women.
Nigel Botterill’s entrepreneurial journey began in much the same way as many others. The Founder and CEO of The Entrepreneurs Circle, a company whose mantra is to educate, motivate, help and inspire business owners to achieve more than they ever thought possible, was following a classic corporate path and had forged a very successful career with Barclays, who he joined at 16.
An accompanying survey of 2,100 people also uncovered that over half of Britons would prefer to work for a startup than a large corporation, regardless of the risk. The research was undertaken by the team behind global affiliate network, in the wake of the launch of its Access programme, that allows startups and entrepreneurs to access the affiliate channel.
Some people are afraid of networking and others love it! It is true. We have all come across people that love nothing more than going to networking events and chatting to as many people as possible – some of these really get the benefits that good networking can bring to them and their business, and others simply love networking because it fits their outgoing personality.
Many companies collapse after expanding too quickly and spending more than the new business brought in. The sales figures can be high, but the profit may not be there. Or, an unexpectedly large order may put extra pressure on employees – if they deliver a positive experience, a business can be propelled into the next stage of growth.
Let’s face it: if your business is growing fast, you’re likely to need capital. There are different ways of financing it (advanced or discounted sales, strategic partnerships, bartering, grants & loans, crowdfunding) with Venture Capital one that arguably poses the greatest risk for both founders and investors.
Finally at The Business Travel Show, Startups Magazine got to speak to Orkun Acikgoz, General Manager of Rent ‘n Connect that allows you to stay stay connected in over 130 Countries, with 4G high-speed pocket WiFi for up to 10 devices. Reserve your choice of Mobile Hotspot on Rent ‘n Connect for the dates you wish to have it or throughout your stay, the essential arrangements will be made and sent to you, so therefore you will be available to use it freely as soon as you pick up your Mobile Hotspot device.
The stigma attached to periods manifests in many ways and in the workplace, it can often prove quite a difficult obstacle to overcome. In 2018, there were 15.3 million women aged over 16 in employment, with the total female employment rate being 71.4% — the highest ever figure since 1971, when records began.
Many startups are born of a desire to fix a social or environmental issue that the founders believe has been poorly addressed. Many governments, councils and politicians believe the same, enacting policies to hopefully enable these solutions – either through public funding, tax breaks or regulatory requirements (to recycle or meet emissions targets, etc).
The road to developing, catalysing and scaling a sustainable energy business is an eventful, long and can be a frustrating one. I know because I am travelling on that journey right now. For me it started four and half years ago when I purchased a 322 hectare site in Cameroon with a vision to establish it as a production park for biofuels.
For thousands of years, people have been telling stories in a variety of forms. Yet just like the word sustainability, the word storytelling has become a trend or something that’s nice to have. Getting someone to understand what sustainability is about has its challenges - there are a lot of opinions out there on what sustainability is but it’s not always easily articulated. Often the explanation gets a bit technical so it needs to be broken down, making it easy to understand. This is why having a good story about sustainability is essential.
It’s openly recognised that environmental destruction is going to be devastating for 100s of millions of people globally and it's already showing its effects. Awareness of the moral implications of sustainability issues for current and future generations has increased dramatically, owing to the types of campaigning that’s occurred. However the commercial opportunity of this has yet to be realised by business
China’s rapidly growing economy has gathered much interest about the practices and philosophies that support Chinese business. This intrigue is mainly derived from the West. The nature of globalisation for Chinese multinational companies (MNCs) has also significantly affected European economies and societies. In light of this, this piece intends to explore the Chinese concept of guanxi and how this can aid better business relations.
The construction industry is surrounded by negative stereotypes, impacting not only its reputation, but it's dedicated workers. Seeing these unfair perceptions of industry workers damaging livelihoods and reputations, I decided to do something about it. After a period of investing in property, I was inspired to start my own business, Trio, with the aim of tackling common misconceptions in the world of construction.
For its forth edition, President and COO of Elon Musk’s SpaceX, Gwynne Shotwell is set to land at Dublin Tech Summit (DTS) this year. The Summit which is taking place in the RDS, Ballsbridge, Dublin 4 from the 22nd-23rd April 2020 will bring over 10,000 attendees from over 70 countries and 200 high profile speakers to Dublin.
Virtually every startup thinks of itself as innovative, but are they really? Every day I help companies claim cash for innovative activities through the R&D tax credit scheme. Most of these companies are somewhat innovative, however, to be truly innovative is really tough. In this column, I want to explore what innovation means and how you might apply it to your business.
Some questions in life are more fundamental than others and some are more specific or technical, and so it is in the world of early stage businesses. But for the person asking the question, each carries the same weight, and each is of the same importance because at the time of asking it is that point that is not understood.
Taking place on the 11th and 12th March at the Smart IoT show, part of the London Tech Show and co-located with a number of other events, is the Digital Catapult's Future Networks Lab Challenge, which is an opportunity for IoT startups will respond and pitch directly to industry challenges set by leading partners Siemens and Arrow Electronics.
The Paybase team recently launched the Founders’ Workshop - a community of early-stage and established business founders in the platform economy. The latest event focused on the pressing issue of disintermediation and user retention: when users connect on a platform but transact independently outside it.
Working a 9-5 may still be a norm for many, however, it’s been predicted that the number of digital nomads will reach one billion by the year 2035. With this new tribe making waves in the world of work, Instant Offices looks into how they are changing the way Millennials and Generation Z think about their careers and travel.
A self-made entrepreneur, starting his business from his room at University of Leeds while studying Cinema and Photography, Sam Stoffel is now the founder and CEO of matched betting platform, Profit Accumulator – a multi-million pound technology business. We spoke to Stoffel to learn more about his route from student to CEO.
Google for Startups has completed a number of cohorts now based around different areas in the startup world, some of the most recent ones including African and Women, but now the organisation has issued a call to startup founders from across the UK. Its new UK Immersion Cohort brings a 12 week programme designed to bring the best of Google and the London startup ecosystem to tech companies from all over the United Kingdom.
Over the years that I have been working with startups and early-stage businesses I have overheard many different things. The majority of these follow the normal concerns of any entrepreneur that is entering into uncharted waters for themselves but there have also been some comments that I have overheard that have been unique to the individual’s concerns or the setting in which it was said.
Once you have the paperwork in place and guidelines established, it’s time to start bringing staff on board. There are a huge range of different legal factors to consider when recruiting, not least the laws around equality and right to work, so this week, we look at recruitment, workers’ rights and business immigration.
Security Matters, an Australian-listed Israeli tech solutions company with clients in the electronics, minerals, plastics, security, and agriculture industries, has a solution used in security and defence that can help reduce the volume of garments and textiles that are incinerated or landfilled every year.
For the whole of August, I embarked on a smartphone detox. There were a few reasons as to why, but the most prevalent was a worry around burnout. For the past 18 months I’d be working hard setting up and growing Shine Workplace Wellbeing, while also ensuring I was spending ample time with my two young sons.
Few industries have felt the impact of technological disruption more than the banking sector. Over the last few years several new kids on the block have emerged to take their seat at the top table and muscle in on the activities of the high street giants by specialising in areas that are being underserved.
The business industry is constantly changing, so it’s imperative to stay at the top if your game in order to keep profits increasing. With businesses always competing for customers, it can be difficult to break through the noise and become a successful and established brand while continuing to grow.
Five years ago, I made the bold decision to leave the world of corporate business behind and launch my own startup. Make no mistake about it – this was not a decision taken lightly, as I was all too aware of the success rate – or, rather, the high failure rate – of startups during their formative years.
This week was quite typical in that it was an unusual mix of many of the things that I get involved with as a mentor and that I have written about in the past. There was some international, some regulation, some cyber security, lots about women in business, and yet again on advisory boards and raising finance.
For many startups, the process of fund raising can be quite daunting. What method of raising do you use? How long is it going to take? To say nothing of the fact that it’s the time when founders and entrepreneurs have to stick their necks out and ask other people to invest and commit to their vision.
One thing that I have learned over the years is the importance of cooperation and working with the right partners, and this has only been reiterated during my activities as a mentor. By working with others that have skills or experience in areas that you do not, then 2+2 can, quite literally, equal 5.
This week, almost to underline my comments in the first of this series about not knowing what each week will bring, was almost entirely different to last week. Last week was full of face to face meetings and there was no particular thread to my week, other than of course the fact that it revolved very heavily around early stage businesses.
Concerns about AI technology, in general terms, boil down to the quantity and areas in which it’s used to replace human tasks. Establishing the limitations of AI and unique skills innate to humans, provides insight into its future application, and alleviates some of the worry that one day AI will take over the taskforce.
Unbound Festival this year saw an influx of tech for good innovation, propelling the industry towards a bright and influential future. Spearheading the mainstream market today is a boom in self-care apps from mindfulness to sleep assistance, while location-based apps designed to tackle physical inactivity are making scenic walking as easy to find as getting an Uber is to order.
It doesn’t matter whether a business is for enterprise or not for profit - to create a successful business, you need more than just an idea. You need to identify a problem/need to create an attractive market. It’s much easier to start a business if you have a unique product/solution, and a scalable, profitable model.
Why building meaningful values into your brand leads to the culture you want
Creating and sustaining culture can feel a little bit like a chicken and egg situation in a startup. You need to define your culture early on in order to attract the right employees, but culture itself is largely driven by people, so until you have the people in place, how can your culture be expected to flourish?
For founders looking to start a business it is imperative to get the culture right - as getting it wrong can lead to bad investor, customer and employee experience. At Women of Silicon Roundabout 'Founder Focus' workshop track, CEO and co-Founder of London-based foodtech startup Feedr, Riya Grover delivered a thought-provoking workshop titled 'Defining your culture blueprint to hyper-charge growth', and explained why it is so important to get it right from the start.
At the LeadersIn Tech Summit during London Tech Week 2019, a roundtable was held discussing the benefits and drawbacks of partnerships between corporates and startups. At the table, Anna Jones from FieldHouse Associates, Ryan Haynes from Ryan Haynes Marketing, Ben Rudman the CEO of MMT Digital, and Denise Glee from MagnaCarta Communications, lent their personal expertise to the debate.
Peak Labs, the digital health company, started with four co-founders (Gerald Goldstein, Itamar Lesuisse, Sagi Shorrer and Xavier Louis) in 2013 who set out with an aim to be the number one digital health brand using technology to help people’s wellbeing. Fast forward six years later, and you’ll find a 50-member strong team which has raised up to ten million dollars over three rounds of funding to accelerate and grow the company and its two digital products, Peak Brain Training and Rise.
When it comes to marketing a startup, there can often be some misconceptions: Is it too soon to start thinking about? Is the company too small? Some people think marketing isn’t a priority and budget should be spent elsewhere (something that bigger corporations also fall foul of), or that any type of marketing is good.
Another finalist of the Subcon launchpad awards, ES Precision is a provider of laser processing services for marking, engraving and surface/thin material processing. This is the first year the launchpad awards will take place at the Subcon show and six engineering and manufacturing startups have made the final to try and impress and win a lump sum of money plus a stand at Subcon 2020.
In a demanding industry like manufacturing and engineering, admin holding you back is the last thing you need. Elements Technology, a multi-award winning developer of simple digital solutions for manufacturers has come up with a solution for this, and have also been listed as one of the finalists for the Launchpad awards at the upcoming Subcon show.
The next generation of aspiring startups are hoping their technology will change the world. But what about the technology that is changing startups? I’ve spent the last few years working with some of Europe’s biggest startup success stories, helping them put in place the right business platforms to support rapid growth.
Last week’s article focussed on Business Plans; what should be in them and why you should write one. One of the key pieces of information required is of course sales figures, both actual numbers for historic sales and those forecast for the future. It is also very important to include the assumptions and how you market your goods in order to achieve those sales. It is those subjects that I am going to focus on this time.
Over the last five articles I have tried to set the scene in terms of outlining what help is available to early stage businesses, and certain aspects of finance, including a valuable but often overlooked tax refund. In this article and the next I wanted to focus on two fundamental issues that will determine how your business develops and how you grow sales.
South-By-Southwest is an annual assemblage of conferences and festivals that takes place in Austin, Texas in early March to celebrate the convergence of film, music, interactive and other industries. Created to foster both professional and personal growth across multiple levels, the ten-day event prides itself on truly being all things to all people.
In the last two articles in this series I have looked at various aspects of finance and this time I am going to stay with the financial theme but from a very different angle – tax. But tax is a very broad topic and I wanted to focus on one unusual aspect of the UK tax system, and that is R&D (research and development) tax credits, and it is unusual in the fact that this time it is HMRC giving you money rather than taking it.
When you’re travelling around the UK and spending hundreds of pounds on train tickets, you expect a good rail service. You expect trains to arrive on time and no unexplained cancellations. Unfortunately, for many travellers it has become something of a rarity to see the 5.34pm train from London to Birmingham arrive on time… if it even arrives at all!