Capital Enterprise Annual Report 2017
In most respects, 2017 was 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
We will be publishing our Annual Report 2018 in due course.
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.
The lack of diversity costs the tech industry dearly in untapped potential, talent and growth. Capital Enterprise has long recognised that this needs to change.
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.
For more information about the programme please follow this link to the OneTech website.
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 alongside Funding London, has invested in 100 startup businesses.
Founded in 2015, LCIF has invested more than £100m into the capital’s startup scene and has created over 1,000 jobs.
4xxi and CE – Minimum Viable Product Competition
During October and November 2018, Capital Enterprise partnered with 4xxi to host a competition for a tech startup to win the development of a Minimum Viable Product.
39 startups from across the startup network applied, with 8 startups shortlisted to pitch to a panel of judges. Uptree were selected as the winners of the MVP Development prize.
F Factor: Get involved!
Are you aged 14-25 and have a brilliant idea for an app, a game, or a technology business? The F Factor is ffering 5 young bright superstar UK-based entrepreneurs (individuals or teams) the chance to win £10,000 to help develop their business idea.
In June 2018 young people can pitch their idea to some of the world’s most influential technology entrepreneurs in London.