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NEWS - ENTREPRENEURS & STARTUPS

NEWS - ENTREPRENEURS & STARTUPS

Deadline for 2016 Startups 100 index extended

Deadline for 2016 Startups 100 index extended

The deadline for this year’s Startups 100 index has been extended. The annual initiative, which was launched in 2008 by Startups.co.uk, is a countdown of the best start-up companies in the UK.

Described as “the longest running index of its kind”, the scheme searches for the UK’s most “exciting and innovative early-stage businesses with fast-growth potential, original concepts and forward-thinking founders” that have launched within the last three years. 

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Social media start-up secures funding for expansion

Social media start-up secures funding for expansion

A start-up company based in Hackney has secured funding to continue helping mums to get back into work.

Digital Mums, which provides online social media training and flexible work, has secured £285,000 to enable it to expand.

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More young people interested in starting a business, survey shows

More young people interested in starting a business, survey shows

Over 20 per cent of young people aged between 15 and 18 are interested in setting up their own business, according to a survey by YouGov.

The survey, which was commissioned by Google, showed that over 30 per cent of teenagers believe that starting up a business would be beneficial, whilst 47 per cent said that they were not afraid of taking risks when making money.

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Sir Richard Branson relaunches pitching competition for entrepreneurs

Sir Richard Branson relaunches pitching competition for entrepreneurs

Sir Richard Branson has relaunched VOOM, a competition that gives entrepreneurs the chance to pitch ideas and win cash prizes.

Entrepreneurs will have the opportunity to pitch ideas to a panel of experts, including Branson. Six businesses will be selected as winners and will share over £1 million in prizes.

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Dorset SMEs taking advantage of £3,000 broadband scheme

Dorset SMEs taking advantage of £3,000 broadband scheme

Around 750 SMEs in Dorset are taking advantage of a scheme that enables them to have access to faster broadband.

The Connection Vouchers Scheme, which was run by Dorset County Council on behalf of Dorset, Poole and Bournemouth, was set up to offer small businesses up to £3,000 towards faster and more reliable broadband.

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Funding Circle to dedicate office space to younger startups

March 18 ,2016 | by Hari Sri

Funding Circle to dedicate office space to younger startups

Funding Circle is to dedicate a floor of its new London-based headquarters to younger startups. The peer-to-peer lending company, which is worth over £1 million, moved into 71 Queen Victoria Street in Mansion House last year but took on more space than it needed.

The company is now giving startups the opportunity to make use of the extra space on one of its trading floors. It is offering 400 desks, which small businesses and freelancers can now book on property marketplace website Hubble. 

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Entrepreneurial Spark launches Newcastle small business hatchery

Entrepreneurial Spark launches Newcastle small business hatchery

Entrepreneurial Spark has launched another UK hatchery and is now searching for start-ups and scale-ups for its Newcastle hatchery.

Over the next few months, the company will be signing up 80 small businesses for the programme, which will launch in August.

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Kent sees increase in number of startups offering jobs

March 15 ,2016 | by Hari Sri

Kent sees increase in number of startups offering jobs

The number of start-ups in Kent offering job opportunities has increased.

This news comes following a recent surge in the number of apprenticeships across the UK.

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Entrepreneurs turning their hobbies into businesses, shows study

Entrepreneurs turning their hobbies into businesses, shows study

Britons are turning their hobbies into successful businesses, according to a study by Weebly. The company found that over 35 per cent of entrepreneurs have turned a hobby or passion into a successful business.

The study also explored the current thoughts and trends amongst the entrepreneurial community and found that nearly 90 per cent of entrepreneurs believe that Britain is an ideal place to start a business.

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Finance training academy launched for small businesses

Finance training academy launched for small businesses

An accountancy company based in Aberdeen is launching a finance training academy for small businesses. Acumen Accountants & Advisors will be offering Sage One software for new clients, as well as training sessions at its premises on Riverside Drive.

According to recent statistics, over 1,300 start-ups have launched in Aberdeen over the past year. Acumen is now aiming to provide these businesses with the software and skills that they need in order to meet the financial demands of starting up a new small business. 

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Barclays to offer digital labs to businesses and entrepreneurs

Barclays to offer digital labs to businesses and entrepreneurs

Barclays is to offer hi-tech equipment in labs for businesses and entrepreneurs. The labs will provide 3D printers, laser cutters and “incubators” for high-growth companies.

Businesses and entrepreneurs will also be able to receive mentoring and have access to meeting rooms, cybercrime awareness events and workshops. There will also be computer coding classes for local schoolchildren.  

 

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Scheme launched to help homeless access jobs in London

Scheme launched to help homeless access jobs in London

A social entrepreneur has launched a pioneering scheme to enable homeless people in London to have access to the internet.

Peter Paduh is providing homeless people in the capital with refurbished laptops to enable them to get online, apply for jobs and learn web skills. The scheme, which is called the Laptops for Homeless Initiative, has been launched in Camden Town by Socialbox.biz, Paduh’s enterprise.

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Start-up scheme will help to drive economy, say UK officials

March 08 ,2016 | by Hari Sri

Start-up scheme will help to drive economy, say UK officials

A start-up scheme launched by the Government will help to drive the economy, according to officials.

The Start Up Loans Company, which was established by the Department for Business, Innovation & Skills in 2012, has so far helped to create 50,000 jobs.

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New Gloucester business hub will benefit small businesses

New Gloucester business hub will benefit small businesses

A new business hub is expected to benefit small and medium-sized businesses in Gloucester and create new jobs in the area.

The hub would consist of 22 units, which would be used for general industrial use and to provide office space for businesses.

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NatWest and RBS scrap lending fees to support SMEs

NatWest and RBS scrap lending fees to support SMEs

NatWest and Royal Bank of Scotland (RBS) have scrapped lending fees for small businesses. RBS announced last week that small businesses will no longer have to pay arrangement fees and repayment fees on loans.

Businesses will now be able to borrow up to £500,000 and make repayments at any time without having to worry about any penalties. 

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New business support programme launched nationwide

New business support programme launched nationwide

The Co-operative Bank has launched a programme nationwide in partnership with Co-operatives UK to support people who are looking to start or grow community enterprises.

The programme, which is called The Hive, will provide a wide range of opportunities, including peer mentoring, training sessions, advice, and one-to-one support.

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Birmingham technology hub opens applications for support programme

Birmingham technology hub opens applications for support programme

A technology hub based in Birmingham has opened applications for a smart cities incubator programme to help technology startups.

The programme, which is being set up by Innovation Birmingham, will enable tech start-ups to receive support and mentoring. The Serendip Smart Cities Incubator will be located in the new £8 million iCentrum building.

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‘Kickstart Fund’ scheme introduced to help entrepreneurs

February 29 ,2016 | by Helen Gould

‘Kickstart Fund’ scheme introduced to help entrepreneurs

A funding scheme has been launched to support entrepreneurs in the Isle of Axholme.

UK Steel Enterprise has partnered up with North Lincolnshire Council and the Growth Hub to launch the Kickstart Fund, which will provide grants of between £500 and £1,000 to help aspiring entrepreneurs to establish a business or become self-employed.

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Milton Keynes business hub looking for entrepreneurs

Milton Keynes business hub looking for entrepreneurs

The organisers of a new business hub are looking for entrepreneurs who are interested in joining the programme. Entrepreneurial Spark and NatWest will be opening the hub in Milton Keynes at the bank’s Silbury Boulevard branch in August.

The hub is one of many UK business hatcheries that Entrepreneurial Spark is opening to provide help to startups with the development of their business.

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Self-employed are “overwhelmingly satisfied”, according to report

February 26 ,2016 | by Claire Payne

Self-employed are “overwhelmingly satisfied”, according to report

Self-employed workers are “overwhelmingly satisfied” with their job, according to a report by Bright Blue.

The report found that self-employed individuals are much happier than employees in full-time work, despite having a more difficult working life and being more likely to have a low income.

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Startup fund to be made available to UK entrepreneurs

February 25 ,2016 | by Claire Payne

Startup fund to be made available to UK entrepreneurs

A programme that is being launched in Derry and across the North West will provide entrepreneurs with the opportunity to develop their business.

‘Growing Startups’ will enable entrepreneurs to receive £10,000 in seed capital and support from mentors.

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Maserati 100 list reveals top entrepreneurs in UK

February 24 ,2016 | by Claire Payne

Maserati 100 list reveals top entrepreneurs in UK

A list compiled by the Centre for Entrepreneurs has revealed the top entrepreneurs in the UK.

The Maserati 100 is compiled annually and is a list of successful entrepreneurs in Britain who have provided support for upcoming business talent.

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Number of small businesses achieving growth at its highest, says ERC

February 22 ,2016 | by Claire Payne

Number of small businesses achieving growth at its highest, says ERC

The number of small businesses achieving growth has reached its highest level in the UK, according to the Enterprise Research Centre (ERC).

There are now nearly 12,000 “high-growth” small and medium-sized businesses, with research showing that this is the highest level since the dot-com collapse of the early 2000s.  

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UK teams up with Israel to invest in tech startups

UK teams up with Israel to invest in tech startups

The UK Government has partnered up with Israeli experts to invest in tech startups. A £165 million fund has been set up for investment in the startups, with focus being placed on cybersecurity companies.

Cabinet Office Minster Matt Hancock discussed how the UK can benefit from the high number of startups on a trade mission to Israel, stating that “new technologies, including digital technologies, give the world and its citizens opportunities like never before.”

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Edinburgh is UK’s second-largest hub for tech startups

Edinburgh is UK’s second-largest hub for tech startups

Edinburgh is the UK’s second-largest hub for tech startups, according to Scottish Development International. Edinburgh was found to be the most active city in Scotland for startups, with 44 university startups and spin-outs being created last year. This makes it the largest hub for tech startups outside of London.

Research from FTI Consulting showed that Scotland’s tech sector raised over £85 billion in risk capital in 2014 and also produced its first “unicorns” (companies with a valuation that exceeds $1 billion) in 2015.

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