REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Chancellor Alistair Darling said he was impressed by the way the HMRC Business Payment Support Service (BPSS) was performing in its work to support struggling businesses across the UK. The service is staffed by 300 payment advisers and open 7 days a week for businesses who need more time to pay HMRC taxes – including […]
Northern Ireland Science Park (NISP) is organising the seminar “Licensing: What you Need to Know”. The event, which will take place on September 10th at the NISP hedaquarter, will provide an overview on what constitutes a license, its key components, how IP owners can protect IP and maximize corporate value through licenses. The seminar will […]
The University of Central Florida (UCF) Business Incubation Program grows fast. Last week, two official statements announced the opening of the UCF/Sanford Business Incubator at 110 W. First St. in Sanford and the creation of a joint partnership with the City of St. Cloud and Osceola County to develop an incubator facility at Stevens Plantation […]
An increasing number of businesses are taking advantage of operating leasing, according to new asset finance figures published today by the Finance & Leasing Association (FLA). The figures for the period April-June 2009, show that asset finance overall fell by 39% compared with the same period last year but the use of operating leasing (excluding […]
Teachscape, company leader in the development and delivery of outcomes-based professional development programs for educators, completed a $16 million Series C financing led by ABS Capital Partners, a leading later-stage growth company investor. According to a joint statement, the resources will be used for expansion as well as continued development of leading technology-enabled products. Teachscape […]
Investments in private equity during the first six months of 2009 fell to €8,5bn, 65% less than the first semester the previous year, according to data released by the European Private Equity &Venture Capital Association (EVCA). The impressive trend is confirmed by the figures concerning the total amount of funds raised in the first six […]
Lord Mandelson claims that the measures implemented by the UK Government has been decisive to save many businesses from closure. The Telegraph reported the Business Secretary saying that so far HM Revenue and Customs has deferred 170,000 individual business taxes, worth over £3bn, while some 3,700 businesses have been offered more than £360m in guaranteed […]
A survey of over 1,300 UK bosses shows that nearly 50% of them have had their pay frozen or are on a pay holiday. New figures, from IoD Policy Voice, even show that 40% of bosses had also reduced their bonuses. These data are in sharp contrast with what is going on in the public […]
British manufacturers have expressed their concern at reports that responsibility for developing skills strategies is to be transferred to the Regional Development Agencies. In a statement issued by the EEF, the manufacturers’ organisation, Lee Hopley, Head of Economic Policy, was reported as saying: “The skills system has been subject to numerous reviews and revamps over […]
London-based investment firm Aleltho Energy signed a Memorandum of Understanding with ITI Energy, manufacturers of an efficient patented advanced gasification process, which is designed to take waste feedstock for the generation of a synthetic gas which can be used to power a combustion engine. The MoU has been entered into to enable the parties to […]
Last days to submit projects for the first call for proposals launched by the European Institute for Innovation and Technology, which will lead to the establishment of new Knowledge and Innovation Communities (KICs). The KICs are public-private partnerships which bring together actors from research, higher education and industry to stimulate innovation in Europe and are […]
ScottishPower has increased its chance of obtaining part of the £1 billion that the UK Government has on offer to develop carbon-capture technology. According to a statement by ScottishPower, its carbon capture and storage (CCS) consortium set out to deliver the UK’s first commercial size CCS system operating from a coal-fired power station by 2014, […]
Northamptonshire Chamber is launching a new initiative, which help business people to meet for networking. In particular, from 5.30 – 7.30pm on the last Wednesday of every month, networking events will take place in order to give local entrpreneurs an opportunity to meet informally after work, drinks and a buffet.The inaugural “Business After Hours” event […]
UK Government has agreed to support Airbus with up to £340 million for the development of the A350 XWB. According to a BIS statement, the support will enable Airbus to strengthen its position as a world leader in wing, landing gear and fuel integration systems technologies and ensure the UK plays a leading role in […]
One North East agrees a grant to a local manufacturer, which is increasing its workforce to satisfy a rise in orders from overseas clients. According to a statement, Kirkdale 2000, a North Tyneside-based steel rotational mould tool maker, is expanding its North Shields operation in a £70,000 project that will see the company to create […]