Archive for the ‘Government support’ Category

Are you ready for investment?

Tuesday, November 11, 2014 12:45 No Comments

Being investment ready is key to getting funding. Yet when talking to entrepreneurs they often have not taken the time to think it through. You are up against a lot of competition for business investment. Some may be better prepared than you to give the potential Investor confidence that his investment will be well spent [...]

This was posted under category: Business Angels, Finding finance, Government support, Running a business, Starting a business Tags: , , , , , ,

SEIS Seed Enterprise Investment Scheme

Wednesday, March 21, 2012 16:52 11 Comments

As promised the chancellor has confirmed in his March budget documents that there will be a Seed Enterprise Investment Scheme (SEIS) starting from 6th April 2012, although it didn’t get a mention in his actual speech. Just to clarify for anyone confused by the similarity of SEIS with an existing scheme, there is already an [...]

This was posted under category: Business Angels, Finding finance, Government support, Running a business, Starting a business Tags: , , ,

SEIS Start-up Investment

Wednesday, March 14, 2012 16:46 10 Comments

SEIS (Seed Enterprise Investment Scheme) is a new government incentive to help UK start-ups and young companies. It starts in just a few weeks on April 6th, so now is a good time to start building this into your funding plan for your start-up. Or if you are an Investor, have a look to see [...]

This was posted under category: Business Angels, Finding finance, Government support, Running a business Tags: , ,

Government Support for Small Business

Thursday, February 16, 2012 9:09 11 Comments

Am I the only one that is getting confused by the increasing number of initiatives that the government is rolling out to encourage entrepreneurship? Or frustrated because they don’t actually seem to make a difference?   We had Business Link, then we didn’t, except it still exists as a “business advice and guidance service portal”. [...]

This was posted under category: Finding finance, Government support, Running a business, Starting a business Tags: , , , ,

Make IT compulsory – get more start-ups.

Thursday, September 1, 2011 9:05 2 Comments

I must admit this blog sounds a bit as though I’m standing on a soap-box, but a recent comment by Google’s chairman, Eric Schmidt, rang true with me. He said: “I was flabbergasted to learn that today computer science isn’t even taught as standard in UK schools,” he said. “Your IT curriculum focuses on teaching [...]

This was posted under category: Business Ideas, Government support, Running a business, Starting a business Tags: ,

Enterprise Zones – what are they and will they help?

Wednesday, August 17, 2011 11:47 7 Comments

Enterprise Zones are the latest government incentive to get businesses growing. Within the Enterprise Zone you can get superfast broadband, lower rates & taxes, and low levels of regulation & planning controls. That can only be a good thing – right? A great encouragement for younger companies who may otherwise struggle to reach critical mass. [...]

This was posted under category: Government support, Running a business Tags: , , ,

Will small businesses ever get a slice of government spending?

Wednesday, February 16, 2011 12:00 12 Comments

A few days ago the office of the Prime Minister sent a letter to many small businesses and SME organisations explaining that a new online tool called Contracts Finder has been launched that will show all government tender opportunities. At the same time he said they would eliminate the prequalification questionnaire (PQQ) for low value [...]

This was posted under category: Business Partners, Government support, Running a business, Starting a business Tags: , , ,

Where have the business incubators gone?

Wednesday, September 15, 2010 16:12 No Comments

At one time business incubators seemed to be mentioned in the business section of every newspaper. Now they have a much lower profile and you might be forgiven for wondering what had became of them. Since they tend to be focused on high growth, technology or knowledge-based industries, it’s not surprising that during the hay [...]

This was posted under category: Finding finance, Government support, Starting a business Tags: , ,

On-line service to replace Business Link

Friday, July 2, 2010 11:44 8 Comments

So it is coming to pass. As I speculated back in March, the new government is to close Business Link. Mark Prisk, the business and enterprise minister, has now said: “The regional Business Links have spent too much time signposting and not enough time actually advising,” “We’re going to wind down the Regional Development Agencies, [...]

This was posted under category: Government support, Running a business Tags: ,

Little known advantages of owning a business.

Wednesday, June 23, 2010 11:42 1 Comment

Yesterday’s budget reminded me that there are still considerable tax benefits to owning your own business, beyond the normal personal tax choices of taking salary, or dividends. The Chancellor has for a start not only continued with the Entrepreneur Relief Rate of 10% but expanded it up to a value of £5M. Now many entrepreneurs [...]

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