CFE partners with Founders Forum We’re delighted to announce a partnership with Founders Forum. Together, we’re scaling CFE’s flagship entrepreneurial development programme NEF+. The new approach will see larger cohorts and increased frequency per year. ‘NEF+ in partnership with Founders Forum’ will allow scaling companies to sponsor emerging leaders to join the progr...
Read More »News Half of medium-sized businesses on the brink as lockdown restrictions continue (CityAm covers BDO research) New ‘Pay As You Grow’ facility will enable more flexible repayment son Bounce Bank Loans for UK small businesses (British Business Bank) Buy now, pay later firms such as Klarna face stricter controls (BBC) Atomico launc...
Read More »News Call for digital adoption fund to boost small business productivity (Growth Business covers new Coadec report) Bounce Back Loan Scheme top-ups open for eligible businesses (British Business Bank) Rishi Sunak extends furlough scheme till end of March and increases support to self-employed (Elite Business) Some 19,000 jobs for 16-24s created under government Kickstart scheme (CityAM) Y Combinat...
Read More »News Business secretary urges businesses to prepare for the end of the transition period (gov.uk promoting gov.uk/transition) More than half of UK business angels continued to invest post Covid-19 (British Business Bank launches latest report with UK Business Angels Association) SMEs cut off from bounce back loans as banks close to new customers (CityAM) Majority of UK businesses to scrap working ...
Read More »Company formations sustain growth Company formations in the first nine months of the year are 9.5% higher than January to September 2019. To date, 572,882 companies have launched in 2020. Every English region and devolved nation saw year-on-year growth in company formations in September, averaging 29% across the UK and creating a four-month run of growth. Scotland saw 29% year-on-year growth in S...
Read More »News Reforms to Companies House to clamp down on fraud and give businesses greater confidence in transactions (gov.uk announces identity verification for directors, in line with CFE’s recommendations) Support for entrepreneurs critical for post-Covid recovery (Enterprise Research Centre features Global Entrepreneurship Monitor research) Business groups urge chancellor to unveil autumn Budget...
Read More »News Half a million UK job losses forecast this autumn (FT features Institute of Employment Studies) Coronavirus insolvency measured must be extended, says IoD (CityAM) Local lockdown business grants ‘not enough’, warn lobby groups (BBC covers BCC) Lloyds rapped for forcing Bounce Bank Loans borrowers to open accounts (SmallBusiness) New diversity ‘standard’ for VC firms la...
Read More »News New productivity institute part of £37m investment to boost UK wage growth and living standards (gov.uk) Future Fund publishes diversity data of companies receiving convertible loan agreements (British Business Bank) UK businesses grow at fastest rate in seven years as economy reopens (CityAM) Government being urged to change rules on business support grants before schemes are closed at the e...
Read More »News Changes to working time requirements for Enterprise Management Incentives (gov.uk publishes guidance confirming furloughed employees will retain EMI tax advantages) Small businesses cut jobs as furlough scheme winds down (FT covers FSB survey) New report shows fintech usage increased by 50% during lockdown (UK Tech News covers Yobota survey) British fintech investment slows as venture backers...
Read More »News More SMEs eligible for coronavirus loans under rule change (CityAM covers announcement allowing many unsuccessful applicants to reapply, as loans now total £46.7bn) No new support for workers excluded from government support, says chancellor (Independent) One-fifth of startups not planning to be back in the office this year (Evening Standard covers Beringea and Connect Ventures research) Over...
Read More »