ENTREPRENEURS NEED A GOOD START-UP STORY July 17, 2011 THE creation of new firms is the single most important part of the economic drama,” says Carl Schramm, the chief executive of the Kauffman Foundation, the world’s largest private foundation devoted to encouraging entrepreneurship. He was speaking about the challenges facing the world’s entrepreneurs. While the whole speech was fascinating, that statement really stood out. [...]
ENTREPRENEURS NEWS | IN BRIEF July 17, 2011 SMES ARE NOT TAKING DATA LAWS SERIOUSLY Half of small firms in the UK still believe that the loss or theft of data from their organisation would have no impact on their business, according to new research commissioned by Shred-it, a document destruction company. The survey among 1,000 UK businesses, undertaken by Ipsos, found that [...]
ENTREPRENEURS NEWS | IN BRIEF July 3, 2011 MIND CANDY AND LOVEFILM WIN AWARDS The British Private Equity and Venture Capital Association (BVCA) awarded Mind Candy and LoveFilm business management awards at a black tie ceremony held in London last week. Mind Candy, the business behind children’s social networking sensation Moshi Monsters, picked up the Venture Capital Backed-Management Team of the Year award, [...]
HOW TO MAKE OUR CHILDREN ENTREPRENEURS June 26, 2011 I BELIEVE we must encourage a new attitude that will prepare young people for success in the 21st century. Today, one in five young people in Britain is out of work. Competition for jobs is fierce and employment is a greater challenge than it has been for generations. I see enormous potential in Britain’s young [...]
ENTREPRENEURS NEWS | IN BRIEF June 26, 2011 FSB CALLS FOR IMPROVED EU LAW The Federation of Small Businesses (FSB) is calling on the government to support plans for a Europe-wide law that small firms can use when drawing up contracts within the EU. According to the FSB, the government’s hopes for an export-led recovery will falter unless it changes its contradictory position [...]
A drink with the master of UK entrepreneurship June 19, 2011 LUKE Johnson is a man who takes a while to introduce. He seems to have run, or had his hand in running, half of the middle-class high street. Pizza Express, Giraffe, Patisserie Valerie, Belgo, Strada, Feng Sushi, Baker and Spice, the Signature Restaurants that owned The Ivy and Le Caprice – to name a few. [...]
ENTREPRENEURS NEWS | IN BRIEF May 30, 2011 ORDERS GROW AT FASTEST RATE IN 16 YEARS Last quarter the UK’s small and medium-sized manufacturers saw the volume of orders at home and abroad grow at the fastest rate in 16 years, leading to another solid rise in output, said the CBI this week. But the business group warned that smaller firms are being [...]
ENTREPRENEURS NEWS | IN BRIEF May 15, 2011 LoveFilm takes the BVCA prize LoveFilm and Mind Candy were badged as London and the South East’s best venture capital and private equity-backed businesses by the British Venture Capital and Private Equity Association (BVCA) this week. LoveFilm, acquired by Amazon in January, won the Exit Management Team of the Year award, while Mind Candy – [...]
In the long run the Aussie is a wager against entrepreneurs May 3, 2011 ON 2 May, the Australian dollar climbed to a high of $1.1011, not reached since its 1983 float. Despite a small retreat, this upward trend is largely expected to resume on the back of continued demand for commodities and a hawkish Reserve Bank of Australia (RBA). Yet over the long-term, trouble in China and technological [...]
ENTREPRENEURS NEWS | IN BRIEF April 17, 2011 ENTREPRENEURS SUMMIT Investec, the investment bank, is hosting a conference for entrepreneurs on 25 May. Lara Morgan, founder of Pacific Direct, LoveFilm’s Simon Calver, Luke Johnson among others will be speaking. Also, Vince Cable, the Business Secretary, will be giving a speech on the economy alongside John Cridland of the Confederation of British Industry (CBI). [...]