“We are now entering a significant growth phase. The fact we have attracted investment from existing investors, who have chosen to exercise their rights, as well as new investors acts as an endorsement of the progress we are making,” Simon Fraser, Chief Executive Officer.
In next week’s Fresh Business Thinking webinar, haysmacintyre will be providing entrepreneurs with an overview of the government initiatives available during COVID-19. They will share their experiences from working with companies applying for CBILs as well as examples of where furloughing has worked well as a solution and where it hasn’t. They will also be covering […]
By Matthew Thorpe, partner at Haines Watts Essex. While the world is constantly changing, probably at a faster pace now than ever before, businesses need to manage cash flow and costs to drive success in uncertain times, says Matthew Thorpe, partner at Haines Watts Essex. Managing people and expenses There are certain costs that you just can’t avoid […]
Following a decade in the recruitment industry, Aimee launched Career Cake to provide online video platform for individuals and businesses to help with their personal and professional development.
“We decided the best institutional investor partner for us would be the Development Bank of Wales. We fit into their existing portfolio well and we have a positive chemistry with their team. South Wales is a great location for us and has some fantastic resource that we can utilise,” Eben Lovett, CEO.
Raising investment in challenging times, with Julia Elliott Brown These are very worrying times, the current Coronavirus situation will affect each of us differently. I’m sure you’ll be wanting to know what is going to happen in terms of your prospects of raising investment right now. It may well be that raising capital is an […]
The Coronavirus Job Retention Scheme is going live on the HMRC portal on 20th April. We caught up with Lucy Cohen, co-founder of Mazuma, the UK’s leading Online Accountants for small and micro businesses to find out what that means businesses need to do to be prepared: Lucy writes that: To claim, businesses will need: ePAYE reference […]
ClearScore, the UK’s leading free credit score and credit marketplace, today reveals data that show the true cost of COVID-19 on the country’s credit landscape. UK consumers have seen an average 59% reduction in available credit offers across credit cards and loans, with self-employed and part-time workers (among them key workers) hardest hit. The data […]
“Without the funding from the Development Bank, we wouldn’t have been able to fund the management buyout. It’s great to have the support of Welsh funding for our Welsh brand, and it has been a very easy, quick process. Since taking on the business myself, we’ve had huge opportunities to move it forward,” Andrew Gronow, co-founder […]
The Chancellor Rishi Sunak is taking further action to support firms affected by the coronavirus crisis by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies.
“The interaction we’ve had with the Development Bank of Wales has been very personal. We have a direct contact we can speak to any time who is offering continued support, and that’s really important as we try to expand the business,” Gilly Pollock, owner.
The Coronavirus Business Interruption Loan Scheme (CBILS) offers a loan of up to £5 million that is interest free for the first 12 months however there are concerns about “the way the loan scheme is being rolled out and being interpreted by some lenders”. The Business, Energy and Industrial Strategy Committee has written to Rishi Sunak, outlining a […]