Networking. Some people love it, some people hate it. But everyone knows it’s essential if you’re setting up a new business. Or is it? Tell anyone that you’re setting up a business without any industry contacts, and they’ll raise their eyebrows at you. Wouldn’t it be better to get to know the industry first, they’ll ask? Shouldn’t you build up your network before diving in?

A team of top scientists from the University of Bristol have announced the formation of a new biotech company that is developing newly patented potential treatments for Coronavirus.

Oil major, BP recently announced that 25,000 members of staff must Work From Home (WFH) two days per week post pandemic. As more firms transition to long-term remote working, evaluating and improving home office set ups will be critical to success. Here Kristian Torode, Director and Co-founder of business unified communications provider, Crystaline, looks at what companies should provide for their workers.

BIG MAMMA founders, Tigrane Seydoux and Victor Lugger have joined forces with Christine de Wendel to announce a €20m seed round to support the launch of a new, innovative payment method - Sunday, created by restaurateurs for restaurants.

Suss Ventures have contributed a six-figure sum alongside a multi-million investment drive. This raise marks a huge success for Suss Ventures who are synonymous with sourcing sustainable businesses for their community of impact-driven investors and corporate partners. The zero-effort payment system eliminates the worry of parking fines and is completely cashless, automated and secure.

When you are building a plane in the sky - startup speak for tricky innovation in a tough environment - things slip. In the case of fast-growing businesses, important people priorities and processes fall down the agenda. Diversity and inclusion is one of them. It can be deprioritised by default, in a race to stay afloat, pay your teams and spend time on what will get you where you need to go, quickly.

Founded by childhood friends, Lucy Cohen and Sophie Hughes, Mazuma is a UK-based provider of online accounting services for small and micro businesses. As qualified accountants, the pair spotted a gap in the market in 2006 for low cost and stress-free accountancy which specifically serviced SMEs and the self-employed. Fast forward to today and the company is celebrating its 15th anniversary.

As we enter the ‘roadmap’ to recovery from the COVID-19 pandemic, businesses are reassessing their people operations. Some have adopted a ‘hybrid’ working model, allowing employees to split their time between working from home and from the office, and others have even given up their office spaces entirely.

Kickstart Innovation, one of Europe's zero-equity, open innovation platforms based in Zurich, is currently launching its sixth program, and welcoming applications from businesses across the world. The application period is from 15th April to 17th May.

Virtual reality is no longer a novelty, but VR events are an innovation in the event industry and marketing. A virtual event is a potent tool for promoting your brand or for organising conferences and concerts. This is an entirely new project that allows you to hold an event while staying at home, despite emergencies, such as the 2020 quarantine or other events.

An independent London teleshopping channel is offering small businesses with a unique product innovation the chance to sell their products for free in a TV advert worth up to £5,000 on Sky TV as part of its ‘Road to Recovery’ campaign.

With the annual Hustle Awards event planning in full swing, we are excited to announce that Sonya Barlow, award winning entrepreneur, founder of the LMFnetwork, diversity business coach and motivational speaker, as her efforts are focused on bridging the skills gap and creating inclusive cultures.

When a startup embarks on the entrepreneurial journey it can be very daunting, and you may need some help and guidance along the way. Here at Startups Magazine we have created our second Survival Guide issue, sponsored by Digi-Key,  which will give you in depth advice and information from some of the industry's leading experts.

COVID-19 has given rise to a mass adoption of technology. Many organisations have switched the office and physical meetings for Zoom calls, digitised their offline practices and undergone rapid digital transformation.

Market engagement platform Grip has partnered with the inaugural Event Tech Live (ETL) USA & Canada, set to take place from 8th until 9th June 2021. 

Vistage, business performance and leadership advancement organisation for small and medium-size businesses, has found that over 3 in 4 (74%) of SME leaders expect economic conditions to improve in the next year. The report has also found that a majority (84%) of companies anticipate revenue will continue to improve in the same period of time.

Clim8 Invest (Clim8), the investment platform to help consumers invest in companies that are focused on tackling climate change, has announced the launch of its mobile app. 

GENIE, an automated talent agent for the creative industry, has announced the closing of its second funding round, led by female led corporate advisor, Adelpha, taking their total funding to-date to £1.75m. GENIE also announced advertising industry legend, Sir John Hegarty as Chairman, as the team look to disrupt the ways companies hire talent in the post-COVID world.

More than two-thirds (70%) of sole traders in the UK enjoy being small and don’t aspire to grow in future, with 62% saying the benefits of being a sole trader far outweigh those of being a larger business. 

With COVID-19 restrictions constantly changing and evolving worldwide, many employees taking business trips to other countries, or already working abroad, have found that they are suddenly either banned from returning to their home country or not allowed to leave the country they have visited. Employers must ensure they are able to support employees who are stranded away from home.