Philip writes about what businesses need to do to adhere to the new data regulations in this week’s e-bulletin!
Check it out for news & views, and upcoming events hosted by us & our friends!
Stamp It Out
Check out our weekly e-bulletin for Philip’s comments on why Stamp Duty is gumming up the UK housing market, and how this is affecting entrepreneurs. Also in our there we’ve got news & views and upcoming events.
Also if you get in touch with me if you want to feature in my latest Inc. article and you’re either working in an industry that entrepreneurs are trying to shake up. Or if you’re one of those entrepreneurs, trying to shake up an industry adverse to change.
The Google Memo Disaster Only Happened Because it Took Place in Silicon Valley
“If I made some of the comments I make in the U.K., in the Valley, it would be the equivalent of openly farting.”
Read the full Inc. magazine article here.
And listen to my comments on The Economist’s podcast, Money Talks, at 9 minutes 20 seconds.
Elite Business Interview with The Entrepreneurs Network’s founder, Philip Salter about Life Outside the EU
As the undisputed innovation hub in Europe, Britain and her startups will maintain a healthy relationship with the rest of Europe’s tech hubs.
Read the full article here.
People & Productivity
Philip explores the productivity puzzle with prominent entrepreneurs. The conclusion? People are key to productivity.
Read Philip’s full article in Forbes
Party On!
Party Conferences aren’t for everyone. For the politically unaffiliated, they can be rather weird – a little like attending a Star Trek convention when the extent of your sci-fi interest is Doctor Who.
Yet, Party Conferences matter. It’s the annual ritual where Westminster’s bubble is temporarily popped, as politicians face their party’s base outside of London. It’s also an opportunity for those in business to get a reading on the changing political landscape…
Busuu Founder, Bernhard Niesner at The Leap 100 Breakfast
We’re a nation of monoglots. Despite spending countless hours learning languages at school, many of our efforts are wasted.
Through the power of technology and its social network, the London based company Busuu is trying to change that. But Bernhard Niesner’s ambitions are necessarily global, as he explained at a recent Leap 100 breakfast…
Curious Incidence
If I could teach the world one thing it wouldn’t be to sing in perfect harmony; instead, I would like us all to be more alert to the unintended consequences of our actions. This would apply to many areas of our lives and public policy – everything from charitable giving, prohibitions on drugs and the tax code…
Open Letter to the Next Prime Minister
In our view, there should have been immediate plans to boost British businesses in the manifestos.
The next Government, regardless of its political persuasion, must prioritise support of the millions of start-ups, scale-ups and entrepreneurs around the UK. These are the job creators that will continue to fuel the economy, improve productivity, exploit trade opportunities, increase the Government’s future tax take and pay for the vital education and healthcare that our country needs.
This is why we support a set of actionable policies set out in a detailed report released today, which could be implemented immediately to create a culture of entrepreneurship and boost the prospects of businesses across the UK. These policies would:
- Deliver more targeted business support.
- Encourage young people to gain the necessary skills for entrepreneurship or to find enterprising work opportunities.
- Put digital transformation at the heart of the Government’s agenda to help close our productivity gap.
- Reform the visa system to improve access to talent.
- Simplify tax for the smallest businesses.
- Apply an Innovation Principle to regulation and ‘sandbox’ environment to enable regulation of disruptive technologies without stifling innovation.
- Provide an innovative digital marketplace to drive up SMB procurement.
- Equip small businesses and scale-ups to embrace export opportunities.
These policies are not reliant on the vagaries of Brexit negotiations or major public spending commitments, but will give a clear signal that the UK is the best place to start and grow a business. We call on the next Prime Minister to put them into action.
Signatories
Giles Andrews OBE, Co-founder & CEO, Zopa; Peter, Bance, CEO, Origami Energy; Mairi Bannon, Co-Founder & Director, Strategic Dimensions; Maxine Benson, Founder, Everywoman; Dr Natalie Blakely, Founder, Light Touch Clinic; Lyndsey Britton, Co-founder Tech for Life CIC / Campus; North; Jonathan Brothers, Founder, Switch Accounting; Mark Brownridge, Director General, EISA; Ed Bussey, Founder & CEO, Quill; Glen Calvert, Founder & CEO, Affectv; Zabetta Camilleri, Founder & CEO, Shopological; Matteo Console Camprini, Founder & CEO, MCCGLC; Duncan Cheatle, Founder, Prelude Group & Rise To; James Codling, Co-Founder, VentureFounders; Rachel Coldicutt, CEO, Doteveryone; Alison Cork,Founder and CEO, Alison at Home; Rachael Corson, Founder Afrocenchix; Gareth Davies, Co-Founder & CEO, Adbrain; Nick Day, CEO, Small World FS; Dana Denis-Smith, Founder & CEO, Obelisk Support & First 100 Years; Romilly Dennys, Executive Director, Coadec; Rajeeb Dey MBE, CEO, Learnerbly; Sam Dumitriu, Research Economist, Adam Smith Institute; Steve Folwell, Co-Founder and CEO, LoveSpace; Lance Forman, Managing Director, H. Forman & Son; Jonathan Gan, Founder, Whichit; Gemma Godfrey, Founder & CEO, Moola; Sam Gordon, Co-Founder, Gordon & Eden; Kate Grussing, Founder & Managing Director, Sapphire Partners; Chris Haley, Executive Director, Policy & Research, Nesta; Nick Halstead, CEO & Founder, DataSift; David Holloway, Founder & CEO, Marlin Hawk; Mike Jackson, Founder & CEO, Webstart Bristol; Sophie Jarvis, Head, Female Founders Forum; Simon Johnson, Chairman, Association of British Jewellers; Husayn Kassai, Co-Founder, Onfido; Stephen Kelly, CEO, Sage; Laurence Kemball-Cook, CEO and Founder, Pavegen Systems; Marta Krupińska, Co-Founder, Azimo; Kate Lester, Founder & CEO, Diamond Logistics; Stuart Lucas, Founder & Co-CEO, Asset Match; Jeff Lynn, Chief Executive Officer, Seedrs; Alex MacDonald, Co-Founder & Co-CEO, Velocity; Graeme Malcolm OBE, Founder & CEO, M Squared Lasers; Chris McCullough, Co-Founder, RotaGeek; Fiona McIntosh, Co-Founder & Creative Director, Blow Ltd; Simon McVicker, Director of Policy and External Affairs, IPSE; Ian Merricks, Managing Partner, White Horse Capital LLP; Cyrus Mewawalla, Founder and Managing Director, CM Research; Charlie Mowat, Founder & Managing Director, The Clean Space; David Murray-Hundley, Chairman, E Fundamentals; Guy Myles, Founder, Flying Colours; Michael Nabarro, Co-Founder & CEO, Spektrix; Pierre-Simon Ntiruhungwa, Head, Founders of the Future; Irina Pafomova, Co-Founder, Engelworks; Alastair Paterson, CEO and Co-Founder, Digital Shadows; Stephen Phillips, CEO, ZappiStore; Edward Poland, Co-Founder & COO, Hire Space; Sean Ramsden, CEO, Ramsden International; Modwenna Rees-Mogg, Founder & CEO, AngelNews; Karina Robinson, CEO, Robinson Hambro; Philip Salter, Founder, The Entrepreneurs Network; Alexander Schey, Co-Founder, Vantage Power; Toby Schulz, Co-founder, Vantage Power; Russ Shaw, Founder, Tech London Advocates; Sam Smith, Founder, finnCap; Anna Sofat, Founder, Addidi Wealth; Patrick Stobbs, Co-Founder & COO, Jukedeck; Will Swannell, Co-Founder & CEO, Hire Space; Jeffrey Thomas, Chairman & Co-Founder, UKCloud; Guy Tolhurst, Founder & Managing Director Intelligent Partnership; Michele Trusolino, Co-Founder & COO, Debut; Elizabeth Varley, Founder, TechHub; Ross Williams, Founder and Chairman, Venntro Media Group, Simon Woodroffe OBE, Founder, YO! Sushi, YOTEL & YO! Home
As featured in…
Dear Prime Minister, Please Listen to British Business (City AM)
Before the Vote: Entrepreneurs Outline Their Startup Action Plan for the Next Government(Elite Business)
Give business real support… not fairytale promises, says boss of software firm Sage (Mail on Sunday)
What does the Conservative manifesto mean for UK Tech?
Read Philip Salter’s article in Tech City News this week.
What does the Lib Dem manifesto mean for UK Tech?
Read Philip Salter’s article in Tech City News.
BorrowMyDoggy Founder, Rikke Rosenlund kicks off The Leap 100 Breakfasts
The Entrepreneurs Network’s Sophie Jarvis writes in City AM about the breakfast discussion we had with Rikke.
Better Beliefs
Read our latest e-bulletin here.
Leap 100 Power Breakfast with Richard Hilton, Founder, Gymbox
Title tbc
Leap 100 Power Breakfasts
Leap 100 Power Breakfasts are small, informal affairs. We restrict them to around 18 people – mostly the founders of Leap 100 companies. Our principal guest kicks off with roughly 10 minutes of introductory remarks; a light breakfast is served; and ideas and experiences are exchanged.
Sponsored by Mishcon de Reya
Mishcon de Reya is a law firm with offices in London and New York, offering a wide range of legal services to companies and individuals. The firm acts for businesses, wealth owners and dealmakers to help them make the right choices for their private capital and ventures and then offer the practical support to populate, grow and protect their assets.
Mishcon de Reya is committed to helping nurture UK entrepreneurship. Earlier this year, the firm teamed up with City A.M., The Entrepreneurs Network and The Supper Club to create the Leap 100 list, which offers a window into the working life – and identifies the challenges facing – some of the UK’s most exciting, fast-growing companies.
Mishcon de Reya is an enthusiastic sponsor of the Leap 100 Power Breakfasts: it is vital for entrepreneurs and business leaders – from across the UK – to discuss the current trends and challenges of successful growth.
If you would like to enquire about a place, please contact events@tenentrepreneurs.org.
It’s time for entrepreneurs to get involved in the post-Brexit policy debate
Read Philip Salter’s article in City AM about how he thinks now is the prime time for entrepreneurs to get involved with policy.
Plugging The Gender Funding Gap
The Entrepreneurs Network’s Annabel Denham has written for the Huffington Post about our previous and upcoming Female Founders Forum projects.
Read the full article here.
Too Many Men?
Our recent female founders report is still receiving press coverage. Female founders forum member Debbie Wosskow writes in The Guardian about her plan to change the investment imbalance. And The National has also written about our report.
The 7 Myths Of High Growth Firms
A recent debate article by Ross Brown, Suzanne Mawson and Colin Mason caught my eye. Myth-busting and entrepreneurship policy: the case of high growth firms challenges some common held beliefs about high growth firms…
Read the full article here.
Coverage for Untapped Unicorns
The Entrepreneurs Network’s report on the Untapped Unicorns – the underfunded female entrepreneurs – has received widespread media coverage.
In summary the report showed that there is an evident gender bias against female entrepreneurs receiving funding from capital providers; despite the fact that female-led businesses are less likely to fail. The Entrepreneurs Network’s Annabel Denham comments that this data is frustrating and recommends a change in education, culture and data collecting to combat the evident bias.
Sexism in start-up investment leaves UK businesses male-dominated, The Telegraph
We need to stop sexism in start-up investment, The Guardian
Eight Stats That Show How Britain Fails Its Female Entrepreneurs, Forbes
Unitapped unicorns: It’s time to close the scale-up investment gender gap, City AM
Pelvic floor exercise device maker Elvie receives £6m funding to launch more products, The Telegraph
Mind the funding-gap: Why we need more female founded scale-ups, Forbes
Greater efforts required to fund female-led firms, The Scotsman
The Big Interview: Jackie Waring, founder and chief of Investing Women, The Scotsman
How to tap into government funding for female entrepreneurs, SmallBusiness.co.uk
Call to ‘untap funding’ for female entrepreneurs, BusinessCloud.co.uk
Female entrepreneurs need more access to funding, according to report, WeAreTheCity.com
Lack of investment opportunities sees female startup founders lose out, BusinessAdvice.co.uk
How Britain can drive the growth of female entrepreneurship, Startups.co.uk
Untapped Unicorns: scaling up female entrepreneurship, Barclays
Untapped unicorns in North East England (and how we are helping Shorthand Social
Investment culture remains very much male-dominated The National
Plugging the Gender Funding Gap, The Huffington Post
Local councils fail to support business growth
A report by the Business Census 2017 showed that most businesses feel local council support is getting worse, with 7 out of 10 of businesses feeling let down. The areas that were most unhappy were the East of England and Northern Ireland, whereas London and Scotland were most content with support. Philip Salter, founder of The Entrepreneurs Network, advised that although “this isn’t the time to shake things up, it should be a prod to government at every level that many Local Enterprise Partnerships (LEPs) and Growth Hubs aren’t yet firing on all cylinders.” To boost support from local councils, we should put more money into LEPs and increase Metro Mayors.
Read the full LocalGov article here.