Save Our Startups campaign launched
by Startacus Admin
Britain's startup and tech communities need government help - the Save Our Startups campaign highlights how...
Save Our Startups is a new campaign that has just been launched by Crowdcube, with joining partners including industry heavy-weights, Capital Enterprise, Coadec, Draper Esprit, EIS Association, UK Business Angels Association, Seedrs, Tech London Advocates, Founders Forum, and The Entrepreneurs Network. In an Open Letter to Boris Johnson they have outlined what needs to be done to protect Britain’s entrepreneurial future from the economic crisis caused by Covid-19.
With the French and German Governments committing €6bn in funding to rescue their startup and tech communities, there is a need for the UK Government to do the same.
The campaign outlines a three-point plan which highlights what needs to be done to help protect Britain’s startup and high growth businesses, namely that the Government needs to:
- provide an equity-based liquidity package suitable to save startups at risk
- fast track payments to startups from public funding schemes - in particular, R&D tax credits and Innovate UK funding grants
- change EIS, SEIS and VCTs to stimulate private equity investment into startup and high-growth businesses.
The Save Our Startups campaign is backed by leading British entrepreneurs including Brent Hoberman, co-founder of Lastminute.com, Alex Chesterman, Co-founder of Zoopla, LoveFilm and Cazoo; and Arnaud Massenet, Co-founder of Net-a-porter.
To read the Open Letter in more detail and to sign the petition and get involved, please visit the Save Our Startups site.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...
 Daniel Dierkes, David Schara, and Maximilian Geißinger 2.jpeg)
Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.
.jpg)
Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.
SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.
Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future
A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated
Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 5th April 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.
