Category Archives: Government
14
01.2012
Crowdcube at No.10
On Thursday I was invited to attend a round table meeting at 10 Downing Street to discuss disruptive business models as part of the governments’ Red Tape Challenge. Attending the meeting was also Giles Andrews, CEO of Zopa, and Karen Darby, Sherry Coutou and Adrian Beecroft. The purpose of the meeting was to discuss how regulation needs to be updated …
19
12.2011
Crowdcube raises £300k business finance using own crowdfunding platform
Investors show support for British Crowdfunding Start-Up as Crowdcube raises £300k in 10 days Exeter, UK – 19 December 2011. Crowdcube , the company behind an innovative funding solution for start-ups and growing businesses, has used its own unique crowdfunding website to secure £300,000 investment from 162 investors to fuel its next phase of growth. The investment was raised in …
16
12.2011
Crowdfunding taskforce to tackle business finance options for small business announced by Vince Cable
Business Secretary Vince Cable has announced steps to create a new taskforce to boost the future of business finance for SMEs, including a focus on crowdfunding. The taskforce will look at the challenges facing small businesses seeking finance options. It will be led by Tim Breedon, Legal and General chief executive and current chairman of the Association of British Insurers …
30
11.2011
Business finance gets a boost new Seed Enterprise Investment Scheme (SEIS) announced
From April 2012 people investing up to £100,000 per annum in a qualifying start-up business will be able to benefit from income tax relief of 50 per cent, George Osborne announced in is Autumn Statement yesterday. The deal will be available to investors regardless of the rate of tax that they pay. It will give investors, including Crowdcube members, a …
05
10.2011
‘Credit Easing’ needs pace
This week’s Tory party conference in Manchester has seen a trickle of new initiatives from the conservative side of the coalition government. One policy that stole the headlines earlier in the week was George Osborne’s plan to stimulate small business growth and the economy through ‘credit easing’. The Chancellor said: “Everyone knows Britain’s small firms are struggling to get credit …