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London

British Business Bank marks 100,000 Start Up Loans milestone

Start Up Loans, part of the British Business Bank, announces that its programme has facilitated over 100,000 loans worth more than £941 million to businesses throughout the UK. The figure marks a significant milestone for the programme since its creation in 2012.

Of the total 100,228 loans, 40% have been to women and 20% to people from Black, Asian and Other Ethnic Minority...

Jelte Liebrand

Dorset marine tech company kicks off most successful crowdfunding round to date

Marine technology company savvy navvy celebrates its fastest overfunding to date on investment platform Seedrs after opening its doors to investors, with offers still pouring in.

The innovative all-in-one navigation app, often referred to as ‘ Google maps for boats ’, just launched their campaign and has already passed their minimum £600,000 target. The round is currently still open...

London

Tech Nation to cease operations following funding withdrawal

Tech Nation , the government-backed supporter of the UK tech ecosystem, has today announced that it will cease operations from 31 March 2023.

The news follows a controversial decision last year by the UK government to award a £12.09m Digital Growth Grant to Barclays tech incubator Eagle Labs instead of the non-profit Tech Nation.

Tech Nation has described the closure as “a...

Swanage, Dorset

Great South West partnership secures £1.5m boost for the region

The Government has confirmed that it will provide the Great South West region with £1.5m over three years to deliver sustainable economic growth in the region.

The Great South West partnership released a prospectus in January 2020, The UK’s Natural Powerhouse, setting out plans to deliver £45 billion to the economy and 190,000 jobs by 2035.

The Great South West is a...

RTS Group

Wiltshire-based digital agency receives funding boost

Wiltshire creative digital agency RTS Group has accelerated its post-pandemic growth with support through SWIG Finance .

The Lacock- based business helps other organisations by using data insights to create bespoke learning and development solutions aimed at upskilling their workforces.

Pre-pandemic, RTS Group typically used a blend of digital and face-to-face learning. Now...

People using a computer

Devon and Cornwall receive £1.8m funding boost to support thousands of people into skilled jobs

Devon County Council and Cornwall Council have been awarded £1.8 million funding from the Department for Education’s National Skills Fund to run a third year of tech and digital Skills Bootcamps .

The Train4Tomorrow Skills Bootcamps are flexible courses lasting up to 16 weeks, that offer adults the opportunity to retrain into in-demand job roles in emerging and growth sectors. The...

SpaceBands raises £450k to launch holistic hazard perception wearable

A Bristol-based pioneer in social distancing devices has built upon its success during the pandemic and pivoted into the wider health and safety market with a £450,000 investment.

SpaceBands ’ first wrist-worn device, launched in May 2020, helped employees stay safe during the pandemic by storing contact tracing data and vibrating when users are less than 2m apart.

The...

The bootcamps will provide training in skills such as digital marketing, construction, welding, gree

Metro Mayor secures £3.3 million to expand Skills Bootcamps programme in West of England

£3.3 million in funding has been secured by Metro Mayor Dan Norris to expand a series of successful Skills Bootcamp programmes through the West of England Combined Authority (WECA).

The investment, announced on the WECA website , will allow another 1,200 West of England learners to take part in Skills Bootcamps at locations across the region.

The Skills Bootcamps will be...

Cornwall

"Fitting legacy": Cornwall earmarked for 10% of national innovation fund

The Government has ringfenced £1m from the ninth round of the £10m Energy Entrepreneurs Fund for projects based in Cornwall, "to reflect the important part played by Cornwall in the 2021 G7 and [...] to create a positive legacy."

The Energy Entrepreneurs Fund has been developed to support sustainable innovation in the areas of energy efficiency, power generation, heat generation,...

The National Renewable Energy Centre in Blyth, Northumberland. Credit: ORE Catapult

Marine-i offers world-class testing support to local marine tech businesses

Marine-i is calling on local marine tech businesses to take advantage of fully-funded testing capacity available at its partner sites this year to accelerate their innovation.

Part-funded by the European Regional Development Fund, Marine-i is designed to help the marine technology sector in Cornwall and the Isles of Scilly grow through harnessing the full potential of research and...

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