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NEWS - ENTREPRENEURS & STARTUPS

NEWS - ENTREPRENEURS & STARTUPS

Santander to host business support and advice event in Glasgow

Santander to host business support and advice event in Glasgow

Santander will be hosting a five-day business event in Glasgow to provide inspiration and advice for businesses in the local community.

The Breakthrough Moments Festival, which will be held at Blythswood Square from 25th to 29th April, will include free events and talks from successful entrepreneurs.

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Barclays to help UK SMEs to grow

April 20 ,2016 | by Hari Sri

Barclays to help UK SMEs to grow

Barclays is to launch a new service for small and medium-sized businesses in the UK. SmartBusiness, an online data service, will enable businesses to analyse data, identify trends and compare themselves with other businesses in their region.

Over 500,000 businesses will be able to have access to the service, which is set to launch in May as part of Barclay’s online banking service. 

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HSBC to launch £450 million lending fund for SMEs

April 19 ,2016 | by Hari Sri

HSBC to launch £450 million lending fund for SMEs

HSBC is to launch a £450 million lending fund to meet demand from small and medium-sized businesses in Scotland.

The fund, which will be the largest package of support for SMEs in the country, is an increase on the £400 million fund that the company provided for Scotland last year.

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Plans for new business centre in Essex unveiled

Plans for new business centre in Essex unveiled

Plans to create a £1.3 million business centre in Harwich, Essex, have been unveiled.

Over 25 businesses have already shown an interest in occupying space at the centre, and the project could help to create over 85 jobs in the area.

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East Sussex County Council secures funding for growth hub

East Sussex County Council secures funding for growth hub

East Sussex County Council has secured over £200,000 of government funding for the Business East Sussex growth hub for the next two years.

The hub, which was launched last year, provides support for companies that are at any stage of growth, including start-ups and companies that are aiming to expand.

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UK digital agency to offer support to global entrepreneurs

UK digital agency to offer support to global entrepreneurs

A UK digital agency is to become part of a support programme for global entrepreneurs.

David Henderson Design (DHD) partner with LA-based start-up factory Wonka Lab to provide development opportunities for 25 early-stage businesses across the world.

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London-based company backs European entrepreneurs

London-based company backs European entrepreneurs

A London-based investment company has raised an additional £100 million to enable early-stage entrepreneurs across Europe to grow their companies.

Octopus Ventures, which is part of the Octopus Group, provides support for companies through all stages, from start-up stage to later growth. The company’s early stage funds are now in excess of £400 million.

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North West SMEs set to invest double the UK average

North West SMEs set to invest double the UK average

Small and medium-sized businesses in the North West are remaining confident despite the uncertainty of the UK referendum.

According to the latest SME Confidence Tracker, they are set to invest almost double the UK average.

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Blackburn pub to be transformed into centre for entrepreneurs

Blackburn pub to be transformed into centre for entrepreneurs

A former pub in Blackburn is to be transformed into the county’s first “fab lab” to provide support for entrepreneurs, artists, and inventors.

The pub, which was formerly known as Bentley’s, is expected to be transformed by autumn 2016 with an investment of over £725,000.

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Lloyds Bank pledges support to first-time exporters in Yorkshire

Lloyds Bank pledges support to first-time exporters in Yorkshire

Lloyds Banking Group has pledged to support local companies become first-time exporters. As an effort to support and encourage SMEs, Lloyds will be supporting 5,000 exporters in Yorkshire in 2016 and intends to support a total of 25,000 first-time exporters by 2020.

The bank’s campaign has been launched in support of the government’s Exporting is GREAT campaign, which aims to help up to 100,000 businesses trade overseas.

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Vodafone to provide regional support to East of England businesses

April 08 ,2016 | by Hari Sri

Vodafone to provide regional support to East of England businesses

Vodafone has announced its plans to establish a number of regional business hubs across the East of England to support local business owners. The telecom giant also announced that it will continue investing in mobile infrastructure in Suffolk and Norfolk.

The company stated that by having teams of business support specialists in its business hubs, it would allow the company to provide faster and more specialised services to SMEs. 

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UK SMEs targeted for global space market

UK SMEs targeted for global space market

The UK’s Space Innovation and Growth Strategy (IGS) has said that SMEs will be vital for its long-term plan to increase its share of the global space market.

In its UK Space Innovation and Growth Strategy 2015, the IGS announced that it is on track to increase its share of the market from 6% in 2009 to 10% by 2030. This share will generate £40 billion in revenue from the sector and now SMEs are being targeted for investment. 

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Kabbage-Santander programme offers UK SMEs same-day funding

April 07 ,2016 | by Hari Sri

Kabbage-Santander programme offers UK SMEs same-day funding

The US online lending firm Kabbage is partnering with Spanish bank Santander to provide same-day funding loans to SMEs in the UK.

A joint announcement by the two collaborators said that the pilot programme will launch in the next two months.

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John Lewis opens applications for retail startup accelerator programme

John Lewis opens applications for retail startup accelerator programme

Department store John Lewis has announced that it is ready to start receiving applications for its ecommerce startup accelerator programme, JLAB, which supports and develops innovative ideas in the retail industry.

Jointly run with L Marks, an innovation consultancy that works with startups and corporates, the programme will help to hasten the growth of retail startups by providing micro-funding of £200,000. Finalists will also get an opportunity to forge a commercial partnership with John Lewis. 

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Entrepreneurs and startups flourishing in Aberdeen

Entrepreneurs and startups flourishing in Aberdeen

Elevator, a business support organisation that works with businesses across Scotland, has said that Aberdeen city and shire are witnessing an increase in startups, and this reflects the robust economy and flourishing entrepreneurial spirit in the region.

The organisation works with startup companies and promotes the growth of existing and new businesses in Scotland. It claimed that the number of startups launched in the north-east during the past year was the highest ever, with 555 new startups opening in Aberdeen and 721 in Aberdeenshire.

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UKBAA and Barclays to launch Angel Hubs in Birmingham

UKBAA and Barclays to launch Angel Hubs in Birmingham

Investment body UK Business Angels Association (UKBAA) has teamed up with Barclays to launch Angel Hubs in Birmingham.

The collaboration will host a pilot session for entrepreneurs in Barclays’ Eagle Lab in the city.

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New Enterprise Allowance scheme aiding Britain’s startups

April 05 ,2016 | by Hari Sri

New Enterprise Allowance scheme aiding Britain’s startups

The Department for Work and Pensions has just released new data showing that the New Enterprise Allowance (NEA) scheme was responsible for launching 80,830 startups between April 2011 and December 2015.

Of all the businesses launched through the NEA, Liverpool was leading the way with 1,410 startups. Other places that attracted the most NEA-aided startups included Sheffield (1,250), County Durham (1,180), Birmingham (1,140), and Glasgow City (1,140).

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North East Business investment fund receives £17 million boost

North East Business investment fund receives £17 million boost

Businesses in the North East are set to benefit from an additional £17 million after an EU investment cash programme was given a boost. The JEREMIE programme, also called the Finance for Business North East fund, has received a top up so that it can continue investing in the fastest-growing businesses in the North East until the end of 2016.

The programme was established by North East Finance in 2010 to drive economic growth in the North East; it is made up of a suite of seven investment funds.

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Big businesses to collaborate with UK start-ups

April 03 ,2016 | by Hari Sri

Big businesses to collaborate with UK start-ups

Big businesses in the UK are planning to collaborate and forge partnerships with small business owners and innovative start-ups.

Some companies are offering free tools and computers, whilst others are offering training, advice and free-of-cost accelerator services.

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Start-ups need early support, says NatWest manager

Start-ups need early support, says NatWest manager

Start-ups should have “the right early support” to help them overcome their fear of failing, according to NatWest North East Entrepreneur Development Manager Dale Sidebottom.

His comments came after new research carried out by Populus for NatWest showed that 23 per cent of people would like to start their own business, but 57 per cent are held back from doing so because they have a fear of failing. 

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Tyneside and Teesside SMEs receive £285 million from HSBC

April 01 ,2016 | by Hari Sri

Tyneside and Teesside SMEs receive £285 million from HSBC

SMEs in Tyneside and Teesside have received £285 million in funding from HSBC over the past ten months. The bank first launched its regional SME fund in May 2015 and initially provided £150 million in funding.

The company has now announced that it has increased the size of its fund to meet the demands of local businesses that are hoping to grow.

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Google to headline Blackpool Enterprise Week

Google to headline Blackpool Enterprise Week

Google is to be one of the headline acts for Blackpool’s first Enterprise Week. The event, which will be hosted by Blackpool Council, will provide a wide range of activities to help local entrepreneurs to grow their business.

Google will be launching its Google Digital Garage at the event, which will be the first time the tech company has taken the workshop outside a major city. 

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Do It Digital campaign to help three million businesses develop online skills

Do It Digital campaign to help three million businesses develop online skills

A campaign that was launched at the end of last year is now aiming to help three million small businesses in the UK to develop online skills.

Do It Digital was launched by Michelle Ovens, director of Small Business Saturday, a campaign that is held every year to encourage consumers to shop at their local independent stores to support small businesses. 

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Peckham to get enterprise centre for entrepreneurs

Peckham to get enterprise centre for entrepreneurs

A new enterprise centre is to open in Peckham to provide support and space for young entrepreneurs.

The Peckham Enterprise Centre, which has been set up by the London Youth Support Trust, will be located in the former Bell’s Garden Community Centre on Buller Close. 

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Business group holds drop-in events to help entrepreneurs

March 28 ,2016 | by Hari Sri

Business group holds drop-in events to help entrepreneurs

A business group in Ilford is holding drop-in events to provide help and advice to start-up businesses and entrepreneurs in the area.

The Seven Kings Business and Community Partnership (SKBCP) launched its first information event on 7th March at the Seven Kings Library in High Road and will now be holding the sessions every fortnight until May. 

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