Transforming a groundbreaking idea into a fast-growing business is the ultimate goal for many tech entrepreneurs and breaking away from the protective environment offered by incubators and accelerator programmes is a tempting pathway to success. But in the early days it is important they temper their enthusiasm with a sound foundation of business management knowledge.
With PayPal to launch a third Start Tank startup incubator in London in 2016, Real Business spoke with the US firm's global director of startups, Corrado Tomassoni, about the parties to graduate the programme so far, what's changed since it debuted and how the company benefits.
A new business incubator targeted on open data has chosen the first seven winners from its €650,000 pot, and UK businesses led the charge as three were named among the victors.
The launch of an incubator focused on online gambling startups has coincided with the news that bookmakers Paddy Power and Betfair are planning a possible merger to become a global giant.
Toby Triebel, Spotcap co-founder and CEO, uses his advice as an entrepreneur and investor to provide some insight into where business builders can look to for capital – with the banks appetite for risk at at all-time low.
The debut Start Tank mentorship programme from PayPal and Braintree has come to an end after six months. And as the payment firms prepare to welcome another selection of startups into the latter's London office, they've revealed how the five companies graduating from the scheme have grown over the period.
Business start-ups and future entrepreneurs in the North West have been given a boost with the launch a new private sector-funded business accelerator, Spark Up. The programme is committed to developing 500 ‘super-businesses’ in the region by 2019.
The UK's biggest supermarket is backing a new technology startup incubator in London's historic St Katherine Docks area.