It's tough trying to get ahead in business, especially when it comes to managing finances. Thank heavens that a steel mill – part-owned by Chelsea FC billionaire Roman Abramovich – has successfully secured a £45m business loan.
A new business incubator targeted on open data has chosen the first seven winners from its €650,000 pot, and UK businesses led the charge as three were named among the victors.
With private family photo-sharing and messaging app Togethera having just charged itself with £220,000 worth of expansion capital, we grilled co-founder Sokratis Papafloratos on what it takes to secure the backing of successful entrepreneurs like the founders of Secret Escapes and Shutl.
Dragons’ Den is back on the box. A number of episodes have now aired, and I've done what I always do: shout at the screen and wonder why the candidates on the show don’t have a better grasp of the numbers.
European venture capital firm Lakestar has closed a new €350m fund. The oversubscribed pot will provide “personal attention and support” alongside finance to firms with the potential to repeat the success of earlier investment projects like Facebook.
WhoCanFixMyCar.com started the year by being named in Real Business' Everline Future 50 2015, and the online marketplace for car repairs has gone on to win investment from vehicle industry veteran Trevor Chinn and Active Private Equity.
Will Gibbs, a member of the ventures team at Octopus Investments, provides behind the scenes tips on the best way to first approach, and then secure investment from, a venture capital firm.
Innovate UK programme IC Tomorrow has introduced a £210,000 contest to find the UK's top virtual reality and augmented reality companies, and John Lewis, Crossrail and King's College London are among the big name partners backing the search.
A £10m Internet of Things (IoT) competition has been launched by the British government, which plans to use the fund as a hook for UK businesses and cities to “revolutionise” the way the tech can be of benefit to the public.
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