Deazy’s Post

Thank you, Dana Leigh and the team at TechRound for the mention! Techround recently invited #Metta co-founder 💃 Wil Benton and 20 other industry experts to share their thoughts on what´s next for startups following the recent UK elections.   Wil said, “The #UK has consolidated its position as a point of reference for tech worldwide. We are leading the way in cutting-edge industries, with new and exciting startups emerging every day. We are hopeful the new government will keep the momentum up, supporting our great entrepreneurs and innovative startups coming up with the technologies that will share the way we live in the future. We would like to see government policies that fill in existing gaps in investment, ensure companies can access the talent they need, and create a regulatory landscape that works for startups, not against them. The UK has been thriving in an environment that’s proved to be a great place to breed unicorns, but there are still challenges that need to be addressed. We need a government that helps us break down the barriers that prevent our very best companies and entrepreneurs from succeeding.” 👀 Check out their latest post to hear what other experts in the industry had to say on the matter! #Startups #StartupEcosystem #Entrepreneurship #Opinion

Thanks Dana Leigh and the TechRound team for the soapbox invite! 🙏 now our political circusing has hopefully started to calm down, how can the new team at Number 10 support our startups? My 2¢: “The UK has consolidated its position as a point of reference for tech worldwide. We are leading the way in cutting-edge industries, with new and exciting startups emerging every day. We are hopeful the new government will keep the momentum up, supporting our great entrepreneurs and innovative startups coming up with the technologies that will shape the way we live in the future. We would like to see government policies that fill in existing gaps in investment, ensure companies can access the talent they need, and create a regulatory landscape that works for startups, not against them. The UK has been thriving in an environment that’s proved to be a great place to breed unicorns, but there are still challenges that need to be addressed. We need a government that helps us break down the barriers that prevent our very best companies and entrepreneurs from succeeding.” Looking forward to seeing what our new government can do to stimulate and accelerate the UK’s startup ecosystem - both within and (more importantly to me) outside of the M25 border 🇬🇧 https://lnkd.in/dVixmJ6p Gabriela Matic Matt Briggs Gabriella G. Hernandez Gianna Pinasco Nicole Whitelaw Stephanie Shaar Renata Miranda Metta

UK startups and microbusinesses are wasting over two working weeks every year on admin tasks, including managing mobile phone contracts, choosing energy providers, and buying insurance – according to new research. The study, conducted by Beasy, which surveyed 500 business owners employing between 1-9 people, found that startup founders are spending an average of 5.5 hours per week choosing and managing the business services they need to run their company – equating to a staggering £7,106 in lost revenue per business, and costing the UK an estimated £37bn in GDP.  #it #infotech #tech #facts #information #techknowledge

Help is on its way to startups 🦸🏽🦸🏽🦸🏽 Recent changes to the Sophisticated Investor Policy pretty much slashed in half the number of potential HNW individuals who can qualify to become an angel investor. Angel investors are the lifeblood of the startup founder looking to grow their idea into a thriving business. When they are too early stage for VC's to take a look then angels come to the rescue with their funds and advice to help that journey. Without them many more startups would fail 😢😢😢 Luckily the Startup Coalition have taken to lobby government over the impact of these changes implemented in January 2024 and have now presented 9 recommendations as to how the UK government can fix the issues this rule change has caused, as well as areas to improve the flow of support for startups. 1️⃣ Introduce a clause that enables someone to self-certify as a sophisticated investor if they have invested in two unlisted companies in the last two years. 2️⃣ Increase the budget of the BBB Regional Angels program by £50M. 3️⃣ Mandate HMRC to send out a notification to all Sophisticated investors to notify that SEIS and EIS exists. 4️⃣ The Government should run a public awareness campaign on changes to the rules. 5️⃣ Double down on support of the Rose Review and Women-led high-growth enterprise taskforce. 6️⃣ Introduce Pre-Approved Contractual Language for SEIS. 7️⃣ Reinstate Pre-2018 Speculative Applications to HMRC for SEIS Eligibility (“Advanced Assurance”). 8️⃣ Extend the ASA Longstop for EIS & SEIS to at least 12 Months. 9️⃣ Make Fintech Firms Eligible for SEIS & EIS. Full details of the recommendations can be found here - https://lnkd.in/eG2UCCyH Please do share and support.... our startup community depend on it. #startup #angelinvestment #scaleup #funding #turnkey

I was recently asked to contribute to an article in Startups Magazine all about how small businesses can work with the government. The focus was on how small businesses can work with government and what options are available to them. The new Procurement Bill, winding its way through government, should make it easier for smaller businesses to win bids from government departments thanks to decreased red tape and lower upfront costs. However, many small business owners find the idea of bidding for government work daunting. In theory it’s supposed to be easier for SMEs, but the processes are cumbersome and the language used can be archaic. It often feels like you’re not dealing with a real person either. It’s a big-time commitment for what may be little, or no work guaranteed either. However, there are steps you can take to make it easier, and the process does get quicker over time. Please have a read of my top tips for getting started and the article here: https://lnkd.in/dhzpGHdN #SmallBizSupport #WorkingWithGovernment #Startups

With the UK in the midst of party conference season and the 2024 General Election looming, entrepreneurs are keen to decipher the potential impact of different parties. Amidst challenging times, Brexit, and skill shortages, founders are urging for clearer policies, easier access to finance, practical guidance, tax relief, and long-term strategic thinking. A call is made for a comprehensive vision and strategy to empower and support the startup ecosystem. As the political landscape evolves, entrepreneurs seek insights into what a Labour government might mean for UK startups. 🇬🇧🚀 Read more here: https://bit.ly/3s1FiHb #UKStartups #LabourGovernment #EntrepreneurshipPolicy

The government is crafting a framework to enable pension funds and insurers to invest in startups, aiming to boost domestic capital. Efforts include redefining startup criteria, educating investors, and potentially expanding existing funding schemes. This strategic move aims to supercharge domestic capital and foster innovation across the entrepreneurial landscape. At Invstt.com, we firmly believe that regulated funds are the future of startup investment. DM is if you would like to explore our tech & fund ecosystem. Join us in shaping the future of entrepreneurship. Let’s build a vibrant ecosystem together! 🌱💡 #StartupInvestment #Innovation #Invstt #Entrepreneurship We Founder Circle

The Spring Budget 2024 is here, and it's packed with updates every startup founder needs to know. At Standard Ledger UK, we've curated the essential takeaways for the startup world to keep you ahead of the curve: 🔹 Increased eligibility criteria for angel investors have been reversed 🔹 National Insurance contribution rates have been cut further 🔹 The Recovery Loan Scheme has been extended, rebranded & injected with a £200m boost 🔹 VAT thresholds increased from £85,000 to £90,000 🔹 Government to plan for full expensing to also cover leasing 🔹 HMRC set to establish advisory panel for new merged R&D tax relief scheme 🔹 Government outlining plans for new investment platform for startups, PISCES Explore the full insights and how they impact your startup in our in-depth blog - link in comments! 📈👇 Curious about what the 2024 Spring Budget means for your startup, or looking for strategies to leverage these updates? I'm here to help. Drop me a message or comment below to start a conversation! 😊 #2024SpringBudget #Startup #UKStartups #SpringBudget