Posts in the “Starting-up” category

Research Funds Made Available For Start-Up Businesses_IMAGE

Research Funds Made Available For Start-Up Businesses

The University of Bath has recently announced that start-up businesses that are finding difficulty in getting access to knowledge and research may be able to receive assistance in the form of a financial award, providing entrepreneurs with the opportunity to carry out a research project in collaboration with the university.  Start-up businesses can face significant challenges in getting access to research results that can help their performance, and the project funding being made available is likely to be tempting to a number of start-up businesses that are looking to gain a better understanding of the factors dominating their operating environments.

 

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Prizes for Start-Up Businesses in Cambridge Competition

Prizes for Start-Up Businesses in Cambridge Competition

The annual Discovering Start-ups competition run by Cambridge Wireless has announced that there are a number of high-profile contributors to the prizes on offer for those start-up businesses that are selected as winners.  Prize competitions are increasingly familiar to entrepreneurs, with a number of competitions being run annually around the United Kingdom and in other countries, such as the USA, in order to identify potentially successful start-up businesses.  The household-name companies that invest in some of the prizes also benefit from the exposure that the competitions give them and possibly gain business from actual and prospective winners of the competition.

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Growth-in-UK-Start-Up-Businesses

Growth in UK Start-Up Businesses

Recent media reports reveal that, according to the Department for Business, Innovation and Skills, the number of small businesses operating in the United Kingdom grew by a significant percentage in the year up to the beginning of 2010.  The trend means that there are more and more start-up businesses in the country, with more individuals turning into entrepreneurs and building their own private businesses, possibly in an effort to beat the difficult financial times of the recession.  The figures have once more prompted comments from government ministers, saying that private businesses are important for the national economy and promising to support entrepreneurs in their efforts.

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Banks Want Better Business Planning

Banks Want Better Business Planning

With the news that bank lending to small businesses in the United Kingdom in the first quarter of 2011 was lower than the target set by the British government, some comments have been made in the media suggesting that banks are looking for a better quality of business planning from prospective loan customers running small and start-up businesses.  There have been some suggestions that more comprehensive business planning by entrepreneurs, supported by quality advice from professionals, could be the key to a higher success rate in applications for bank finance.

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Learning Business With the Arts

Learning Business With the Arts

An arts programme recently published in South Africa goes some way to demonstrating how the arts and business may go hand in hand, and could even provide lessons in entrepreneurship for small and start-up businesses that are in fields other than the arts.  The Performing Arts Network of South Africa has outlined plans to focus on networking and building business relationships, with a view to building the entrepreneurial side of artists and performers in the region, and this will include input from people who have been involved in successful management projects in the field.

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£25,000 proof-of-market grant available

£25,000 proof-of-market grant available

Up to £25,000 of grant funding is available through the Technology Strategy Board (TSB) to provide support to small and medium-sized enterprises (SMEs) to engage in R&D projects from which successful new products, processes and services could emerge.

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Limited Spending Rise Predicted in 2011

Limited Spending Rise Predicted in 2011

According to reports in the media, the predicted growth in spending in the United Kingdom is likely to be less than 1% this year, 2011, and still less than 1.5% for the following year, 2012.  For small and start-up businesses, like others in the country, this means that the purse strings will still be tight, with a focus on reducing excessive spending, cutting waste, and finding the most efficient ways of using financial resources.  Several companies are using this situation to highlight the benefits of their own products, with one case being services for the low-cost delivery of parcels and packages.

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Business Growth Fund Opens Its Account

Business Growth Fund Opens Its Account

A Business Growth Fund worth some two and a half billion pounds has been launched by the government in the United Kingdom, with backing from a number of the largest banks operating in the country.  The terms of each agreement that will be set up using the Business Growth Fund are to include the Fund taking a position on the board of the company and also a minority stake in the company, in return for capital of between £2 million and £10 million for companies with an adequate annual turnover.

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Enterprise Zone Decision Due in Sheffield

Enterprise Zone Decision Due in Sheffield

It has been revealed that there are a number of sites in Yorkshire that are being considered as possible contenders to be the first Enterprise Zone in the region of Sheffield City.  A favourable decision for one of the sites would result in the creation of jobs, increased investment, and support for companies, including small and start-up businesses.

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Boot Camps for London Start-Up Businesses

Boot Camps for London Start-Up Businesses

The mayor of London has been reported to be setting up a number of ‘boot camps’ in the UK capital, with the aim of helping aspiring entrepreneurs who have ideas for their own start-up businesses to obtain the help that they need in taking the right steps to get things up and running.  Over the next year, it is planned that there will be more than two dozen such boot camps, with many of the leaders being respected business people from a wide range of sectors.

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