Universal Fuels, one of the fastest growing oil suppliers in the UK, raised £100,000 through the crowdfunding siteCrowdcube. The deal makes founder Oliver Morgan, aged 20, the youngest entrepreneur in the world to successfully raise investment through equity-based crowdfunding.
Category: Get Funded
Student inventors seek funds to manufacture new products in China
Student entrepreneurs with bright ideas are being encouraged at Lancaster University, where two new products are being developed for the mass market by undergraduates.
Animators look to crowd funding ahead of launch of satire app show
Some of the UKs leading animators, caricaturists and voice artists are looking to gain the funding required to launch a new satirical app from crowd funding website Crowdcube
Darlington FC Turns to Crowdfunding to Save its Football Club
Fans of Darlington Football Club have taken the future of their much-loved team into their own hands by aiming to be the first sports club in the World to use a crowdfunding website to raise funds.
Founders Fund Invests in The Scientists Professional Network ResearchGate
ResearchGate, the largest professional network for scientists and researchers, today announced the completion of its Series B financing.
Return to sender: The forgotten element of e-commerce
E-commerce businesses focus time and money on providing customers with efficient and flexible delivery options. However, many companies neglect to extend this attention to the return of unwanted goods. Paul Galpin, Managing Director of P2P Mailing, looks at the importance of assessing and managing this vital process.
Signs of economic confidence returning as marketing spend increases
A leading UK entrepreneur said today that the predicted increased marketing spend for 2012 was evidence of the ‘first shoots of the economic revival’.
James Caan backs new search to support UKs Green Entrepreneurs
A new accelerator programme launched today by Ex-Dragon and CEO of Hamilton Bradshaw, James Caan, is offering first class business support and access to multi-million pound funding for the UK’s most innovative green entrepreneurs.
Businesses turn their backs on banks raising £2.3M through Crowd funding
One year since Exeter-based entrepreneurs Darren Westlake and Luke Lang launched Crowdcube, they claim to have helped business raise £2.3 million from investors – members of the public and high net worth individuals.
The Prime Minister celebrates Angel Investing at No 10
Angel investment was recognised by the Prime Minister as the most important source of capital for start-up and early stage businesses at a event held at No 10 Downing St last Friday.
GoCardless launches new payment service to replace merchant accounts
GoCardless, the new service which allows you to collect money directly from your customers’ bank accounts has gone live providing a real, and cost effective, alternative to accepting credit and debit cards.
The Psychology of the Bonus
Controversy over the City’s rewards structure has been well documented, but few have researched whether or not pay incentives actually work. Here, the Nic Fleming tackles the bonus debate head on…
Silicon Valley luminaries inspire UK tech students and entrepreneurs
The annual technological “hands across the water” initiative, known as Silicon Valley Comes to the UK (SVC2UK), was particularly inspiring this year, at a time when the Government is looking to tech entrepreneurs to stimulate economic growth, according to Charles Armstrong, a government advisor on entrepreneurship, innovation and technology policy.
10 top tips for pitching to investors from equity finance
Raising finance is very difficult and as many are starting the process with a view to driving their businesses forward in this new year, but with banks still unwilling to lend to many we spoke to Guy Rigby, entrepreneur, mentor and now Head of Entrepreneurial Services at Smith & Williamson, the accountancy and investment management group who is an expert on the topic of raising equity finance.
Angel Investment clubs are failing both Angels & start-up businesses
Business angel networks do not offer value for money for either investors or entrepreneurs, according to an analysis of the fast growing start-up investment market.