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NEWS - ENTREPRENEURS & STARTUPS

NEWS - ENTREPRENEURS & STARTUPS

UK the best place to start a business, says survey

UK the best place to start a business, says survey

The UK has been named the best place to do business by 44 per cent of the country’s population in a survey by SME finance firm Idinvest Partners.

The research found that over 55 per cent of respondents have confidence in the UK when it comes to economic performance.

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Four million Brits want to become entrepreneurs, research shows

February 20 ,2017 | by Thiago Kiwi

Four million Brits want to become entrepreneurs, research shows

More people in Britain are aspiring to be an entrepreneur, with 4 million wishing to become self-employed in the future, according to new research from retail bank Aldermore.

The research found that becoming self-employed has always been an ambition for 22 per cent of Brits, whilst 12 per cent will be looking to make the move in the next six months. 

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Specialist lender closes its first fund for UK SMEs

February 13 ,2017 | by Claire Payne

Specialist lender closes its first fund for UK SMEs

A lender that specialises in providing debt and equity capital to small and medium-sized businesses has closed its first fund for UK SMEs.

Beechbrook Capital has raised £150 million for the Beechbrook Capital UK SME Credit I fund, with the fund being supported by investors from the UK, continental Europe and America, and the final close being backed by new and existing investors.

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SMEs continue to be confident about their future, research shows

February 10 ,2017 | by Helen Gould

SMEs continue to be confident about their future, research shows

Small and medium-sized enterprises in the UK and globally remain confident about the performance of their business in the future, according to the American Express Global SME Pulse.

The research surveyed SMEs across 15 countries. It found that 58 per cent of SMEs globally are expecting revenues to grow significantly over the next year. 

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Birmingham most entrepreneurial city outside London, says research

February 08 ,2017 | by Thiago Kiwi

Birmingham most entrepreneurial city outside London, says research

Birmingham has been revealed to be the most entrepreneurial city in the UK outside London in new research by the Start Up Loans Company.

The survey revealed the areas that secured the most funding from the Start Up Loans Company last year, with Birmingham securing over £2 million, up by 39 per cent on 2015. This was followed by Cornwall, which secured £1.3 million.

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Digital workshops to be held for small businesses

February 08 ,2017 | by Helen Gould

Digital workshops to be held for small businesses

Not-for-profit campaign Do It Digital will be holding a series of workshops over the next few months to help small businesses increase their digital and online activity.

The free workshops will be available to aspiring SMEs and entrepreneurs, including a live Twitter Q&A session for those unable to attend in person.

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Accountancy speed is top priority for SMEs, research shows

February 07 ,2017 | by Claire Payne

Accountancy speed is top priority for SMEs, research shows

A new survey from business software provider Exact has identified the top demands from SMEs when it comes to accountants, with speed being revealed to be the main priority.

The study, which surveyed 2,500 SMEs and accountants, also found that SMEs are twice as happy with using an accountant that is tech-savvy.

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BT launches pitching competition for UK SMEs

February 03 ,2017 | by Helen Gould

BT launches pitching competition for UK SMEs

BT has launched a pitching competition to give SMEs in the UK the chance to pitch their business ideas to a panel of experts.  

The BT SME Award 2017: Securing the Nation, which is part of the company’s BT Infinity Lab programme with TechHub, is aimed at security-focused SMEs.

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New mobile banking app launched for SMEs

February 02 ,2017 | by Claire Payne

New mobile banking app launched for SMEs

A new mobile banking app designed to meet the needs of small businesses has been launched by UK-based mobile banking company Tide.

Tide, which is one of the world’s first mobile banking services for SMEs, enables users to quickly set up a business account.

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£1 million funding available to UK entrepreneurs

February 01 ,2017 | by Hari Sri

£1 million funding available to UK entrepreneurs

Entrepreneurs in the UK can take part in a global competition to win a share of £1 million equity-free funding for their business.

Business people who are selected for the Innovation & Entrepreneurship International Competition will be competing against entrepreneurs from the US, Canada, Australia, Germany, Israel, India and Japan.

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SMEs to increase headcount in 2017, says research

January 26 ,2017 | by Thiago Kiwi

SMEs to increase headcount in 2017, says research

SME owners are planning to increase their headcount in 2017, new research from Opus Energy has found.

The research found that 15 per cent of SME owners are looking to increase their number of staff by up to 10 per cent this year, whilst 10 per cent are planning to increase their headcount by up to a fifth. 

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Financial advisors to launch private banking service for SMEs

January 25 ,2017 | by Helen Gould

Financial advisors to launch private banking service for SMEs

Financial advisors from international financial consultancy company deVere Group are to launch a private banking service for UK SMEs and international clients.

The creation of the bank, which will be called deVere Group Bank St Lucia, follows the company’s acquisition of private banking firm Arton Bank.

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New $1 billion fund for investment in UK start-ups

New $1 billion fund for investment in UK start-ups

German internet company Rocket Internet has closed a $1 billion fund to invest in early and growth-stage start-ups in the UK.

The Rocket Internet Capital Partners (RICP) fund is aimed at start-ups in areas such as fintech, software, e-commerce, marketplaces, and travel.

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BBC searching for entrepreneurs with “great business ideas”

BBC searching for entrepreneurs with “great business ideas”

The BBC is searching for entrepreneurs with “great business ideas” to take part in the latest series of Dragons’ Den.

Applications are now open for the TV series, which gives entrepreneurs the opportunity to pitch their ideas to a panel of business experts. 

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Working Brits want to start their own business in 2017

January 20 ,2017 | by Thiago Kiwi

Working Brits want to start their own business in 2017

Research from accounting software company FreeAgent has found that one in ten Brits would like to start their own business in 2017.

The research, which surveyed 1,000 working people in Britain, found that the majority of workers wish to become entrepreneurs, with 54 per cent saying that they would like to work for themselves. 

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Law firm launches technology incubator programme for legal startups

January 19 ,2017 | by Thiago Kiwi

Law firm launches technology incubator programme for legal startups

A law firm has launched a technology incubator programme for innovative early-stage businesses and growth technology startups that are able to provide products and services for the legal industry.

Mishcon de Reya has launched its MDR LAB with innovation specialists and investors L Marks, and is now accepting applications from businesses with concepts or products and services that are at a revenue-generating stage. 

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Fintech Innovation Lab London launches largest programme class

January 18 ,2017 | by Thiago Kiwi

Fintech Innovation Lab London launches largest programme class

Fintech Innovation Lab London is to launch its largest ever class since the lab was first launched in 2012, with 20 start-ups being selected for its 2017 12-week programme, Accenture has announced.

The lab’s latest programme received over 300 applicants, its largest ever number, with start-ups from North America, the Middle East, Russia, Turkey and the Nordica registering the most interest. 

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Scotland’s small businesses are digital skills leaders, according to index

Scotland’s small businesses are digital skills leaders, according to index

Small businesses in Scotland are ahead of their UK counterparts when it comes to digital skills, according to the Bank of Scotland’s annual Business Digital Index.

The index surveyed 2,000 small businesses and charities, assessing basic online skills such as managing information, transactions, communication, creating and problem solving, and found that over 67 per cent of businesses in Scotland possess these skills – higher than the UK’s average of 62 per cent. 

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Record number of recruitment start-ups launched last year, figures show

Record number of recruitment start-ups launched last year, figures show

A record number of recruitment start-ups were launched in 2016, according to figures obtained by Clearly PR & Marketing Communications under a Freedom of Information request from executive agency Companies House.

According to the figures, 2016 saw a 13.7 per cent increase in the number of recruitment businesses, with 4,529 start-ups being registered between January and December.

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UK entrepreneurs receive titles in 2017 New Year’s Honours

January 05 ,2017 | by Claire Payne

UK entrepreneurs receive titles in 2017 New Year’s Honours

A host of business owners have been awarded titles from the Queen as part of the New Year’s Honours list.

This year’s list consisted of 1,047 recipients and featured entrepreneurs from a wide range of industries, including STEM (science, technology, education and maths), fashion and hospitality. 

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Record number of entrepreneurs expected to register business in January

Record number of entrepreneurs expected to register business in January

Research from domain name registration website 123 Reg has shown that a record number of entrepreneurs in Britain are expected to register their businesses this month.

The research found that January is a popular time for starting a business, with the majority of business websites being registered during this month.  

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North West is a top area for start-ups, research shows

January 03 ,2017 | by Claire Payne

North West is a top area for start-ups, research shows

The North West is a top area for start-up businesses, with the number of businesses in the region increasing by 10 per cent in 2016, according to research from insolvency and restructuring trade body R3.

The research found that there are now a record number of start-ups in the North West, with an additional 32,774 businesses in the area than at the end of 2015. This brings the number of businesses in the region to more than 347,200. 

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Start-ups offered £150,000 in UK’s largest seed funding competition

January 02 ,2017 | by Claire Payne

Start-ups offered £150,000 in UK’s largest seed funding competition

UK start-ups are being offered the opportunity to secure £150,000 in the UK’s largest ever seed funding competition.

The Start-Up Series is a monthly competition and has returned for January to give early-stage companies the chance to secure equity funding from a £1.8 million Seed Enterprise Investment Scheme (SEIS).

 

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SMEs want more support from business lenders, according to research

December 22 ,2016 | by Thiago Kiwi

SMEs want more support from business lenders, according to research

A new study from Hitachi Capital Business Finance has revealed what SMEs are looking for from business lenders, with the majority wishing to receive more support and a genuine partnership.

The company’s British Business Barometer surveyed over 1,000 small business owners, questioning them on what they believe banks and other providers in the finance services industry should do in order to help them grow their business. 

 

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Christmas can help SMEs boost revenue, according to research

Christmas can help SMEs boost revenue, according to research

Christmas can help SMEs in the UK to make additional revenue, with 60 per cent of businesses experiencing equal or higher levels of work during the period, according to research commissioned by freelancing platform Upwork.

The research found that businesses can benefit from staying open during the Christmas season, with over 35 per cent of businesses believing that their income could increase by up to 50 per cent. 

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