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For small businesses, using a traditional bank account overdraft facility to overcome cash flow problems has become a much less readily available option. Thankfully, there are other alternatives to bank overdrafts emerging for SMEs and the following options are already helping thousands of small firms find financial flexibility when they need it most.1 – Invoice factoring and discounting&nbs...
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Welcome to the Startacus monthly financial news round-up, brought to you by Sophie Turton of Crunch Accounting. Scotland decided to stay in the UK and the media moved their clairvoyance elsewhere. Meanwhile, September saw more growth for small and micro-businesses, who, it is predicted, will change the face of British enterprise. Ed Miliband also showed his support for the self-employed ‘ar...
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Crowdfunding is bloomin’ marvellous isn’t it? And if Indiegogo is to have its way, it could be about to take yet another giant leap forward, through its pioneering development of a new ongoing funding scheme. Thus far, all crowdfunding platforms have offered eager campaigners a splendidly simple proposition - reach your funding target, and the money is yours, fail to reach it and it's...
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Ever come across something and it makes you feel that warm glow of philanthropy and good will inside? No? Maybe that twinge of empathy you get from a really nice idea?Well, we think you’re about to. KonneKT has a simple premise; it's a way for sick children, who have to spend their days in an isolation unit, to play with others. It’s simply a set of magnetic shapes and pieces that can...
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Here at Startacus we love the notion of starting up, especially when you make something new! That’s exactly what happened with ‘Immortal’ Skateboards, a new startup that has used 3D printing Technology, Prototyping and Crowdfunding to make their product a reality. We spoke to Paul Hallet, Startacus member and participating collaborator, to learn more about their story.If you are ...
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In the future more and more people will be starting their own businesses, and will have their stories told. However there is one group of people who are making stories their actual business! Since self starting and self publishing are two of our fave things here at Startacus, we just had to catch up with the folk behind local new publishing startup - the NN Comics Team!  If you are planning o...
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We all know how hard it can be to stay motivated, especially when you’ve just started a new business venture, especially if any spanners happen to land in the works, or even if you just have to change the whole idea! It’s hard work, and it never seems worth it. But for some, the goal of helping other entrepreneurs is the paramount point of business, - take for instance one of the start...
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So, imagine you’re a fresh new startup founder, you’re working hard to try and make sure your idea gets the attention, support and input that it needs to be a success only to have investments and supporters pull out. Now imagine, everything, EVERYTHING – even your van (which you’re now forced to live and work out of), gets taken away. Sounds like the worst case scenario for...
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Self Starter drums up interest in unique 'drumkit in a box' instrument We're going all Norn Iron on ya today. First up, we highlighted news that the NI based Propel programme was open for innovative startups and now here's another NI startup story for your reading pleasure... A young self starter, Startacus member, inventor and musician from NI, Stephen Henderson is currently raising capital via...
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If you’ve ever had to fundraise you’ll know that coming up with effective ways to do so can be a tad difficult at times, therefore it’s always great to hear about ways of making the entire fundraising process easier. Our latest Startup of the Week is on a mission to do just that. Fabrily is an innovative service which helps people fundraise through the sales of custom t-shirts....
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