Capital Enterprise Annual Report 2017
In most respects, 2017 has been an amazing year for Capital Enterprise and the entrepreneurs and member organisations we serve. Due to the hard work of our team and the continuing support of our members and partners, we can proudly report that Capital Enterprise has never been in such a good position to deliver on our twin missions of enabling entrepreneurs in London to start and scale a business, and supporting our members (accelerators, universities and colleges, co-working spaces, enterprise agencies, innovation institutes and public sector organisations) to make an even greater impact on London’s startup ecosystem.
For access to the full Annual Report and for information about our annual activity and upcoming priorities, please follow this link
Capital Enterprise led Diversity in Tech initiative
Capital Enterprise are proud to have launched a new initiative on 19th June to promote diversity in tech entrepreneurship, alongside JPMorgan Chase and a consortium of partners including Your Startup, Your Story (YSYS), The Accelerator Network, Tech Nation, Diversity VC and Loughborough University London.
We were particularly excited that the launch appeared across various media and press sites, including in City AM, as well as being featured in a tweet by Matt Hancock, former Secretary of State for Digital, Media, Culture and Sport.
Activity for the new initiative will kick off in the Autumn.
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.
London Co-Investment Fund announces 100th investment
Capital Enterprise are proud to announce that the London Co-Investment Fund (LCIF), co-founded and co-managed by Capital Enterprise and Funding London, has now invested in 100 startup businesses.
LCIF, founded in 2015, has invested more than £100m into the capital’s startup scene and has created over 1,000 jobs.
We look forward to continuing to work with Funding London and London’s startups through LCIF.
The Accelerator Academy – Applications are open
The Accelerator Academy, part of the Accelerator Network, is a successful and established 12 week high growth training and mentoring programme for ambitious digital entrepreneurs looking to grow their business.
The programme provides training, mentoring and access to capital and network building.
Applications are open until 19th August. For full details and to apply please visit the website.
RAENG – SME Leaders Programme
The Royal Academy of Engineering’s Enterprise Hub is looking for the next promising leaders of UK high growth engineering and technology companies.
The offer includes £10,000 grant to fund leadership training courses of your choice, one-to-one coaching and mentorship, masterclasses delivered by senior business leaders, and more.