UK Startup Ecosystem 2015 Review

by Startacus Admin

June

• Intuit Quickbooks published some research which showed that micro-businesses in the UK were owed some £16.9bn due to late payments, forcing them to take loans to cover the shortfall.

• London Technology Week ran from the 15th - 21st June.  We highlighted some of the top events to look-out for.

• The Scale-Up Institute was launched by LinkedIn founder Reid Hoffman and investor Sherry Coutu to help British startups grow as successfully as businesses from other countries.

• Startup Britain’s bus tour launched from Downing Street in an attempt to engage with entrepreneurs and would-be business owners in 28 towns in England Scotland and Wales.

• The BBC reported that the cost of urgent repairs needed at the Palace of Westminster would cost between £3 and £7bn.  We suggested a few other things that the government could spend the money on instead.

• An International digital conference in Derry forged strong new tech relationships within the city

• Northern Ireland’s first global accelerator for tech startups was launched in Belfast

• Britain’s biggest small business competition ‘The Pitch’ returned.

• The ‘Space for Ideas’ competition gave away free prime London retail space to innovative startups

• The Playable City Awards which challenge artists to increase human interactions with the built environment through technology announced its shortlist of entries.

• The popularity of Shoreditch as a location for business office space waned, with areas such as Soho seeing a marked increased in popularity.

• Andy Murray announced his intention to become an investor in startups via equity crowdfunding platform Seedrs.

• IBM in association with the London Mayor’s office launched a new online community for the London technology ecosystem called Tech.London

• The winners of Virgin Media Pioneers’ ‘Pitch to Rich’ competition were named

• UK winner of EdTech20 was named as RefME, a referencing tool that was also amongst the Startup 100.

• Moo.com becomes one of the first businesses to recieve funding from Barclays’ new £100m tech innovation fund.

• UK based Internet of Things startup ‘Evrythng’ secured almost £5m in funding from a number of quarters including equity investors BHLP LLC, tech investment firm Atomico, Samsung, and CISCO.

July

• 
  UK business secretary Sajid Javid warned business leaders against making their minds up regarding the in / out referendum on EU membership, and encourages them to support David Cameron in his efforts to barter a better deal with Europe, ahead of the vote.

• The business world reacted to the summer budget 2015

• Startacus HQ gave its thoughts on the emergency budget and what it could mean for startups and SMEs

• Business growth programme Echo++ found an interesting way to bring the philosophy of the sharing economy to the startup landscape.

• Google launched another of its Digital Garages to help increase the tech capabilities of SMEs, this time in Birmingham.

• The government’s apprenticeship scheme was broadened into the area of entrepreneurship, represented a step towards entrepreneurship being recognised as a realistic career path.

• Pre-idea, deep technology accelerator Entrepreneur First secured £8.5 million for an investment fund which will support highly skilled potential entrepreneurs to develop technologies before building a traditional ‘startup’.  

• UK online food takeaway service Deliveroo raised $70m from Index Ventures and Greenoaks Capital, completing its 3rd funding round within the space of 12 months.

• Global gaming and gambling technology accelerator WHLabs launched in London.
  
  
  

Brands & Startup / Business Services - Here are some ways you can work with Startacus to help us on our mission.

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Published on: 29th December 2015

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