Posts Categorized: Finance

Roundtable: Transformation of the commercial property market

Philip Salter attended the a roundtable on the transformation of the property market, which was written up by Yessi Bello Perez of Tech City News: “Philip Salter, director of The Entrepreneurs Network – a think tank for growing businesses and entrepreneurs – said there is a shortage of office space in cities such as London. “The… Read more »

Plugging the scale-up gap: How to ensure UK startups flourish

Drawing on the recommendations from Scale-up UK: Growing Businesses, Growing our Economy, a report from Barclays on the future of UK scale-ups, I’ve outlined three steps the government could take to have real impact, yet which remain largely under-exploited: 1. Loosening regulation on venture debt – a source of funding which plays a significant role in our entrepreneurial ecosystem,… Read more »

Skills, scale ups and the Northern Powerhouse

I want to do my part as chair of the Business Innovation and Skills (BIS) Select Committee to encourage you, as entrepreneurs, to voice concerns into government when I’m interrogating the Secretary of State. I want to understand what concerns you have about barriers to your business. I have a number of key priorities that… Read more »

Why founders need good networks

Barely a week passes without a conference to celebrate entrepreneurs – and quite right too. This week I popped along to Toucan’s The Nest 2016, which counted Brian McBride (chairman, Asos.com), Fanny Moizant (co-founder, Vestiaire Collective) and Alexander Woollcombe (Gates Foundation) among its diverse range of speakers. I was there for the “Wonderwomen in Business”… Read more »

Meet Jeff Lynn: The disruptive entrepreneur behind crowdfunding platform Seedrs

In her latest Huffington Post column, Entrepreneurs Network programmes director Annabel Denham speaks to the charismatic Seedrs founder Jeff Lynn about Andy Murray, GQ, and why he set up here rather than in sunny Silicon Valley. “Lynn saw the concept of people putting their personal money behind businesses that interest them as the future of finance…. Read more »

Osborne’s Autumn Statement: Good News for Entrepreneurs

I felt sorry for Shadow Chancellor John McDonnell when he approached the dispatch box today to respond to George Osborne’s Autumn Statement, our director Philip Salter writes in his latest Forbes column. Many of his planned rebuttals – on tax credits or police spending, for example – were dud. “But entrepreneurs and business owners in… Read more »

The challenges of growth

I founded Funding Circle with two friends from university. We quit our jobs at the end of 2009, launched in 2010, and we now have offices in San Francisco and London and employ about 350 people. We’ve raised around $300m of equity capital for the business. We’ve lent over $1.3bn to businesses through our platform,… Read more »

Why the National Living Wage is bad policy

It’s the first Conservative budget in 23 years, but Chancellor George Osborne has introduced a policy that is bad for the most vulnerable workers, bad for entrepreneurs, and bad for the UK. Studies have shown that minimum wages in fact reduce employment and slow jobs growth. The Government should leave such decisions to the Low… Read more »

Aim: Here’s to 20 more years

The Alternative Investment Market (Aim) – a sub-market of the London Stock Exchange that allows smaller companies to participate with greater regulatory flexibility than applies to the main market – is today celebrating its 20th anniversary. Aim has seen over 3,600 companies join since its 1995 launch and is now home to around 1,100 small… Read more »