GBP News 

British entrepreneurs are founding nearly 420,000 new start-ups a year

“The financial crisis has given way to a more benign macroeconomic climate and an increase in consumer spending and business investment” writes Thomas Colson for businessinsider.com. Business investment has also slowed since the UK voted to leave the EU, but still rose by 0.2% in the second quarter of this year.In particular, the research found that start-ups in professional, scientific, and technical businesses have the best survival rate of any sectors, with 95% of businesses founded in 2014 still in operation in 2015, the last year for which that data is…

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Judge overturns Trump administration’s delay of Obama-era ‘startup visa,’ siding with investor group

“It lets foreign entrepreneurs spend several years in the U.S. building their startups” writes Monica Nickelsburg for geekwire.com. A federal judge has ordered the Department of Homeland Security (DHS) to begin accepting applications for foreign entrepreneurs to enter the U.S. under the International Entrepreneur Rule, blocking the Trump administration’s efforts to delay implementation of the Obama-era policy. Implementation of the International Entrepreneur Rule is a commonsense approach to attracting the world’s best and brightest entrepreneurs.”.  Source: geekwire.com Share This:

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How investors are priming Russian startups for Silicon Valley

“However, amid the toxic atmosphere in the U.S. concerning all things Russian, developing a Russia-related tech business in the country is not easy” writes East-west Digital News for venturebeat.com. By bringing Russian companies to Silicon Valley, we build ties with the local venture community.” Global Pitch project participants will be eligible for TechMafia, a three-month acceleration program, including one month in San Francisco, designed by the IIDF to help Russian startups kickstart their business Stateside. Source: venturebeat.com Share This:

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News Stocks 

Does Europe have what it takes to create the next Google?

“While even the largest European tech ventures remain a fraction of the size of the biggest U.S. and Asian rivals, global music streaming leader Spotify of Sweden marks the rising ambition of European entrepreneurs” writes Min Read for reuters.com. A survey of 1,000 founders by authors of the report found European entrepreneurs were worried by Brexit, with concerns, especially in Britain, over hiring, investment and heightened uncertainty in the business climate. Source: reuters.com Share This:

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Two giant European VCs want founders to give more equity to employees

“However, European founders are consistently getting it wrong in how they allocate options and equity to staff” writes Minutes Ago Katie for techcrunch.com. Index found that European employees are often being penalised for their stock options in the startup they work at.In other words, European employees are not being encouraged by the low options they are receiving, European founders are not offering is as much as their US counterparts, and less technical employees not being treated as equally, hampering the growth of the eco-system. Source: techcrunch.com Share This:

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Saudi Arabia offers licenses for foreign entrepreneurs to set up shop for the first time

“Saudi Arabia has introduced trading licenses that will allow foreign entrepreneurs to set up a business in the Kingdom for the first time” writes Ryan Browne for cnbc.com. More than 11 licenses have been handed out to entrepreneurs in different sectors, Al-Rasheed said.”We believe the future of the (Saudi) economy is the knowledge economy, so we can’t do that without entrepreneurs from all over the world,” KAEC CEO Fahd Al-Rasheed told CNBC on Wednesday.He added: “We’ve offered entrepreneurs incentives to come into Saudi Arabia so it doesn’t only require regulatory…

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DatePlay co-founder Vana Koutsomitis gives advice to female entrepreneurs looking for investors

“Business Insider UK spoke to ‘The Apprentice” runner-up and DatePlay co-founder, Vana Koutsomitis, about advice for young women looking to become entrepreneurs” writes Jasper Pickering for businessinsider.com. So at the end of the day, you don’t want an investor who doesn’t believe in you, you don’t want an investor who doesn’t want your business to work and doesn’t believe in it.So a lot of the time, investors like to see two co-founders as opposed to one but in terms of gender and how it plays a role in fundraising, I…

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Midwest entrepreneurs shouldn’t be afraid to think big

“Content Marketing World started with just a few hundred attendees in 2011 and has quickly grown to become one of the leading conferences in the world for content marketing professionals” writes Mike Belsito for venturebeat.com. A much different company, Product Collective is a community for technology-oriented product managers and is the organizer of Industry: The Product Conference.All I had to do was look at Content Marketing World, a conference that got its start in Cleveland, Ohio in 2011. Source: venturebeat.com Share This:

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