Capital Enterprise Annual Report 2018
Capital Enterprise continues to go from strength to strength with 2018 being one of the most successful years regarding both revenue and impact.
By the end of this calendar year, the Capital Enterprise team will be helping, alongside our members and partners, to deliver ten different major projects (AI Seed, Business Basics, CAP-AI, CAP Talent, CASTS, Green Light Programme, Fast Forward, IDEALondon, LCIF & OneTech) that will support entrepreneurs in London to start and scale innovative tech-enabled businesses.
For access to the full Annual Report and for information about our annual activity and upcoming priorities, please follow this link.
Capital Enterprise led OneTech initiative
OneTech is a ground-breaking new initiative, led by Capital Enterprise and supported by the JPMorgan Chase Foundation, to provide female entrepreneurs and those from some of London’s most underrepresented communities with the opportunity to start and scale a high growth tech business.
This project connects founders with mentors and access a range of workspace, pre-acceleration, acceleration and investment readiness opportunities. We are aiming to get businesses to better understand why diversity and inclusion makes sense; what needs to be done to help diversify their recruitment and selection processes; and double the number of female and BAME (Black, Asian and Minority Ethnic) founders accessing investment by 2020.
We are delighted to introduce OneTech Talent, an extension of the OneTech programme, which is a result of our successful bid to the Mayor’s Digital Talent Programme. OneTech Talent is focused on 18-24 year old females and founders of colour across London, and is a 2 year programme which will enable us to expand both initiative activity and geography.
For more information about the programme please follow this link to the OneTech website.
Watch the video from our October launch event to find out we’re helping to change the face of startups.
CAP Talent Internship Programme
CAP Talent is an internship programme matching Masters and Undergraduate Computer Science students to internship placements in London’s tech startup businesses. CAP Talent bridges the gap between the best talent in London and tech startup businesses, whilst addressing the demand for digital skills.
We piloted CAP Talent is 2018, and successfully placed 10 students into internships.
We are delighted to announce a partnership with City of London Corporation to help expand the programme, increasing opportunities for London’s students. The initiative will be funded by £40,000 from City of London Corporation and delivered by us at Capital Enterprise.
More information about the partnership can be found here.
The Affordability Crisis of London’s Open Workspaces
The three biggest costs by far for SMEs in London are staff, rent, and rates. As workspace provision in the capital continues to diversify, a crisis of affordability is making London a challenging place to start and run a small business.
Capital Enterprise and a team have led extensive research into the impacts of the 2016 Business Rates Revaluation on London’s open workspaces and a linked examination of the potential to introduce a voluntary accreditation system for workspaces with community and social impact.
This work was commissioned by the LEAP, overseen by officers at the GLA and backed by the Mayor’s Workspace Providers Board (WPB). It was delivered by a team from Capital Enterprise, WorkWILD, Nordicity and Original Futures.