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.
Proptech startup Speiz secures seed investment to support its mission of digitally transforming the broken brokerage market.
The lowdown on Manchester based startup Chatloop and its mission to transform social media, giving you the power to start conversations on any website.
BT reveals new cohort of innovative startups aiming to help solve sustainability challenges in the manufacturing sector.
London-based startup Ribbon is on a mission to help other businesses better understand their users and build better product experiences.
London-based SaaS startup OutThink has developed an innovative approach to help companies to visualise risk, target interventions and prevent data breaches.
Participants in Catalyst’s Co-Founders programme offered opportunity to avail of a £10,000 proof of concept grant from Techstart to help validate their business idea.
Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
 Tong Gu, Reem Mobassaleh Wyndham and Monik Pham.jpg)
Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
Paris-based startup Immortal Game uses blockchain technology to add a new dimension to the most played board game in the world.
Co-Founders seeking people with innovative ideas and desire to create startups that could change the world for its 2023 programme.
Published on: 5th April 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Norwegian proptech Speiz raises €1.3M to launch new European platform for warehouse leasing 5th Dec 2022 Proptech startup Speiz secures seed investment to support its mission of digitally transforming the broken brokerage market.
- BT pushes ahead with new sustainable digital solutions through its Green Tech Innovation Platform 1st Dec 2022 BT reveals new cohort of innovative startups aiming to help solve sustainability challenges in the manufacturing sector.
- Catalyst and Techstart offering startup co-founders the chance to win £10k proof of concept grants 30th Nov 2022 Participants in Catalyst’s Co-Founders programme offered opportunity to avail of a £10,000 proof of concept grant from Techstart to help validate their business idea.
- UK fintech Atoa secures $2.2M pre-seed round as it kills Visa and Mastercard fees for businesses 24th Nov 2022 Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
