NEWS - INNOVATION & TECHNOLOGY
Innovate UK is to invest £15 million in technology projects that will help to inspire future products and services.
The innovation agency will be funding projects through a competition and is now inviting businesses to apply for a share of the fund.Read more >>
Tech City UK will be taking on 26 new technology companies for the latest intake of its Future Fifty Programme.
The programme will provide support for the new businesses, giving them access to expert-led workshops and classes as well as media coverage and peer networks.Read more >>
The UK Government has launched the National Cyber Security Centre (NCSC), which is part of UK-based intelligence agency GCHQ.
It aims to provide the UK with protection from cyber threats and hackers, making it easier for people to do business online.Read more >>
Tech website and quarterly magazine BusinessCloud is searching for the top 150 tech start-ups in the UK.
Nominations are now being accepted, with at least 12 start-ups to be selected from each UK region.Read more >>
Tech businesses in the UK attracted more than £6.7 billion in venture capital funding and private equity funding in 2016, more than the amount invested in tech businesses from any other country in Europe, new research from London & Partners has shown.
The research found that over a third of the amount invested in tech businesses last year went to London-based businesses, whilst a total of £4.7 billion in private equity investment went to the UK’s tech sector. This brings the total investment into the country’s tech businesses since 2011 to £9.6 billion.
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Amazon is to help plug the UK’s digital skills gap by launching a training scheme for young people and ex-military personnel.
Amazon Web Services (AWS) will partner with the Prince’s Trust and the Ministry of Defence to launch AWS re:Start, which aims to help 1,000 additional people to learn digital skills.Read more >>
Small businesses want improved availability of technology, with 37 per cent believing that it will positively impact on growth next year, according to the annual SME Hopes and Fears Index from Barclays.
The index also revealed the other most important factors when it comes to boosting growth, with 30 per cent citing opportunities for exporting and access to international markets, 22 per cent moving their business online and having a digital presence, 22 per cent consumer demand and 21 per cent the condition of the UK’s economy.
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Over 10 per cent of business owners turn to business websites for advice, according to research from small business support company Informi.
The research, which surveyed over 500 business owners, found that business websites are the third main source of information for small businesses, with the main source being accountants at 22 per cent, followed by Google at 19 per cent.Read more >>
Over half of small business owners in the UK do not use social media, according to a recent survey from Manta.
The research found that 76 per cent of business owners do not use Instagram to market their business, despite it currently being the most popular social media platform.Read more >>
A new venture capital firm is to invest in technology companies across Europe to enable them to grow.
KEEN Venture Partners, which is headed up by former BT executive Ben Verwaayen and TomTom COO Alexander Ribbink, will be investing in innovation hubs in the UK, Netherlands, Sweden and Germany.
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Nearly two-thirds of the world’s biggest insurers have invested in insurtech and plan to continue investing in technology start-ups over the next two years, according to research from Gartner.
The research showed that over 60 per cent of major global insurers have invested in insurtech, and it is estimated that 80 per cent of P&C insurers worldwide will team up with or acquire insurtechs by 2018.Read more >>
Independent train ticket retailer Trainline has launched a new feature in its app to help make travelling by train easier for business travellers.
The Trainline App, which offers features such as live journey updates and one-click refunds, now has a new business profile feature that enables businesses to separate business and leisure travel accounts.Read more >>
Dropbox has launched five new mobile features that will enable entrepreneurs to work outside the office.
The new features will be available in their updated app for Apple iOS 10.Read more >>
Venture capital platform Pi Labs has partnered with real estate company CBRE to support the next generation of start-ups in the property sector.
The partnership will provide start-ups with mentoring and identify new technologies to benefit clients.Read more >>
Adults in the UK who lack basic computer skills are to be given training to help them learn digital skills, Secretary of State for Culture, Media and Sport Karen Bradley has announced.
The plans come after research from the Office for National Statistics showed that 5.3 million people in Britain have never used the internet.Read more >>
More UK business owners are becoming tech savvy and relying on mobile or web-based apps to run their business, according to a global survey by online accounting software company Intuit QuickBooks.
The study, which surveyed 2,000 business owners and managers globally, found that the UK is the most tech savvy, with 71 per cent using apps to run their business, followed by 59 per cent of business owners in the US, 68 per cent in Canada and 74 per cent in Australia.Read more >>
UK-based learning technologies company Growth Engineering has been named as one of the top 20 gamification companies for the second year running.
The company was entered into the Top 20 Gamification Companies List, which was compiled by Training Industry, a resource company that publishes top 20 lists of the top providers of training services.Read more >>
The North East has one of the fastest growing tech sectors in England, according to research from accountancy firm Nixon Williams.
The report found that the number of technology businesses in the North East increased from 9,695 to 10,285 from 2014 to 2015 – a growth of 9.2 per cent. This makes the region’s tech growth second only to London, which saw an increase of 11.7 per cent.Read more >>
Google has opened a pop-up Digital Garage to provide small Scottish businesses with digital skills training.
The space is being provided in partnership with Glasgow City Council and will run until January 2017.Read more >>
Over 500,000 companies are now advertising on Instagram, according to the social networking website.
Instagram announced that the number of businesses actively using the website has more than doubled since six months ago.Read more >>
HutZero, a government-funded project, has launched the UK’s first boot camp for cyber security entrepreneurs.
The project is run by Cyber London (CyLon) and the Centre for Secure Information Technologies (CSIT), and is intended to help entrepreneurs build their businesses.Read more >>
The UK’s fastest-growing technology businesses have been revealed in the Sunday Times’ Tech Track 100 index.
Cloud services provider UKCloud was named the fastest-growing tech business, with their annual sales increasing by 262.66 per cent over the past three years.Read more >>
Facebook has launched new tools that will help small businesses to find new customers and grow internationally.
Businesses can now use the Lookalike Audiences Tool to upload a list of their current customers or leads and search for similar customers and leads.Read more >>
The UK has been named as the best G20 country for starting up a digital business in EY’s G20 Digital Entrepreneurship Barometer, which is the basis of a report entitled Digital Disruption – Threat or Opportunity for Entrepreneurship?
The Barometer identified the nations with the best digital environment, with the UK scoring the best marks for the time taken to start up a digital business, taxation frameworks, recruitment practices, and legal efficiency.Read more >>
Accenture is accepting applications from financial technology startups for its London-based FinTech Innovation Lab.
Launched in 2012, Accenture’s lab offers 20 startups the chance to participate in a 12-week programme that will enable them to develop their business through mentoring from experts.Read more >>