Tech City UK chief exec: 'The UK is creating digital jobs faster than we can fill them' | Media Network. Digital is redefining British business. We’re on an amazing trajectory, typified by unrivalled success stories and record growth in the tech sector. But there is a potential problem. The rapid progress of our digital industries could be prematurely stymied by a lack of tech skills within the British workforce.
The plain fact is that the UK is creating digital jobs faster than we can fill them. A recent study found that Britain will need 745,000 additional workers with digital skills to continue growing the economy over the next four years. The government’s recent introduction of computing into the primary school curriculum is an important reform. Founders and CEOs who are hiring say that universities are still not teaching enough practical digital skills that are so important to today’s fast growing digital businesses. The challenge is to start creating employees and entrepreneurs suited to our growing digital economy.
Finally, we need to democratise access to all tech-related skills. Explicit cookie consent. NSW bets $1.7 million on medtech hub in Sydney | Business Insider. With an election just three weeks away, the New South Wales government is continuing to place bets on industry hubs to help commercialise innovation, announcing today that it would spend $1.7 million on a medical tech knowledge hub. The “medtech” hub was the fourth of five industry-led Hubs being rolled out in NSW. Last week the government threw its support behind a financial industry tech hub, named Stone and Chalk, in Sydney’s CBD. The others already in place focus on digital creative and energy innovation, while transport and logistics has yet to be finalised. The medtech hub is based at Baxter Healthcare in Toongabbie and is coordinated by the industry body Medical Technology Association of Australia.
The money comes from the NSW department of trade and investment and will be spent over two years, with five industry partners also involved in the project to mentor and train small-to-medium enterprises to commercialise their ideas. Details on the NSW Knowledge Hubs are here. Campus Biotech. The Campus Biotech is a Swiss institution hosting research institutes and biotechnology companies. The Campus Biotech is located in the former Merck Serono building, in Geneva (Switzerland). History End of June 2013, Merck Serono left its headquarters in Geneva and the building was bought by Ernesto Bertarelli and Hansjörg Wyss (for more than 300 millions Swiss francs) to create the Campus Biotech. Structure EPFL-UNIGE Biomedical Center (14000 m2) Centre for Neuroprothetics (EPFL)Human Brain Project and Blue Brain Project (EPFL) (5000 m2)Wyss Center for Bio- and Neuro-engineering (8000 m2)Biotech Innovation Square (12000 m2) Notes and references ^ Jump up to: a b (French) Dejan Nikolic, "Genève récupère le Human Brain Project, au détriment de Lausanne", Le Temps, Wednesday 30 October 2013, p. 7.
See also Lausanne campus External links Official website. Campus Biotech. Biotechnology. "Bioscience" redirects here. For the scientific journal, see BioScience. For life sciences generally, see life science. Biotechnology is the use of living systems and organisms to develop or make products, or "any technological application that uses biological systems, living organisms or derivatives thereof, to make or modify products or processes for specific use" (UN Convention on Biological Diversity, Art. 2). Depending on the tools and applications, it often overlaps with the (related) fields of bioengineering, biomedical engineering, etc.
For thousands of years, humankind has used biotechnology in agriculture, food production, and medicine. The term is largely believed to have been coined in 1919 by Hungarian engineer Károly Ereky. In the late 20th and early 21st century, biotechnology has expanded to include new and diverse sciences such as genomics, recombinant gene techniques, applied immunology, and development of pharmaceutical therapies and diagnostic tests. Singapore Launches Program In San Francisco To Attract More U.S. Startups. Singapore is already one of the most developed startup hubs in Asia.
Now its government wants to bring more U.S. startups to the city-nation. Earlier today, the Infocomm Development Authority Of Singapore, a government organization focused on growing the country’s tech industry, opened a new office for Infocomm Investments in co-working space Block 71 San Francisco, which was originally set up by NUS Enterprise, an entrepreneur program run by the National University of Singapore, and SingTel Innov8, the telecom’s investment arm. While Block 71 San Francisco was first launched to help Singaporean companies break into the U.S. market, Infocomm Investments’ new office will help U.S. startups that want to expand into Asia.
Resources founders can tap into include Singapore-based accelerator programs and potential funding from Infocomm. Photo Credit: williamcho via Compfight cc. Seedcamp Reveals 7 New Startup Investments. When we last caught up with Seedcamp, it had just invested in seven new startups. Now it’s ready to announce its latest batch of investments with five springing from Seedcamp Berlin and two graduates of previous Seedcamp weeks emerging from working in stealth. At Seedcamp Berlin, the micro-seed investment and mentoring program invited 19 companies to attend from hundreds of applicants. Five were chosen to receive investment. They are… Branchtrack Based in Riga, Latvia, Branchtrack allows users to create ‘Choose Your Own Adventure’-style simulations for sales and customer care training online. The company was founded in 2009 when the co-founders’ experience trying to create a branching scenario game for team training led them to realise there was a gap in the market. Cronofy Working out of Nottingham and London in the UK, Cronofy is a unified calendar API that allows developers to better integrate their apps into customers’ lives.
Lateral Now Native Podo Labs Divido Fluttr. Germany's Rocket Internet promises 10 more startups every year beginning in 2015 | VentureBeat | News Briefs | by Chris O'Brien. In a slideshow released before its earnings call today, Berlin-based startup factory Rocket Internet said it would launch 10 new companies in 2015. So far in 2014, Rocket says it has launched seven companies. The company created five of those before its IPO in early October and two more since then. Starting next year, it wants to bump that rate up to 10 each year. It says it will continue to apply is strategy of using “proven” business models, a strategy sometimes derided in Silicon Valley as building copy cats.
More details to come following the earnings call that is scheduled to start at 10 a.m. The Rocket Internet GmbH invests in innovative companies in the Internet sector and supports their development over the years. Powered by VBProfiles. 5 Fintech Startups to Watch from Techstars’ Barclays Accelerator. London is well known for being a global center of business and finance, so it makes some sense that it’s also now home to a flourishing FinTech scene – with the likes of Level 39‘s dedicated FinTech accelerator space, and now, Techstars’ first graduating cohort from its Barclays Accelerator demo day in London. As with all the best-known programs nowadays, applications to join far outnumbered the spots available.
More than 350 applicants from nearly 50 countries were eventually whittled down to 11 businesses, some of which didn’t exist more than three months ago and some of which have been in preparatory stages for years. While it’s not the ‘sexiest’ area of technology in some ways – the services are often business or employer-focused, rather than on the end-user – it’s an area that presents one of the biggest opportunities in both the size of the potential markets and the impact on people’s lives. Crowdestates ➤ Crowdestates Vieweet ➤ Vieweet Aire ➤ Airelife Squirrel ➤ Squirrel Gust ➤ Gust. University of Wollongong launches AU$10m startup seed fund. The University of Wollongong (UOW) has launched an AU$10 million seed fund aimed at providing a pipeline of early stage business development for young tech startups, in order to attract outside investment. The initiative is part of the university's iAccelerate initiative, a co-working space and program that was launched in 2012 to provide support for first- and early stage business development.
Artesian Venture Partners will manage the seed fund, with PricewaterhouseCoopers advising on the structuring of the fund. According to Artesian Venture Partners, the seed fund is designed to provide seed and follow-on investment in early stage, capital-efficient, technology-focused startups from the university’s iAccelerate program. Article continued here. Enterprise european network. America’s Tech Guru Steps Down—But He’s Not Done Rebooting the Government | Enterprise. Todd Park (third from left) with members of his digital team (from left): Haley Van Dyck, Vivian Graubard, Park, Jennifer Anastasoff, Mikey Dickerson, Erie Meyer, and Brian Lefler.
Michael George The White House confirmed today the rumors that Todd Park, the nation’s Chief Technology Officer and the spiritual leader of its effort to reform the way the government uses technology, is leaving his post. Largely for family reasons—a long delayed promise to his wife to raise their family in California—he’s moving back to the Bay Area he left when he began working for President Barack Obama in 2009.
But Park is not departing the government, just continuing his efforts on a more relevant coast. Starting in September, he’s assuming a new post, so new that the White House had to figure out what to call him. It finally settled on technology adviser to the White House based in Silicon Valley. But Park knows how he will describe himself: the dude in the Valley who’s working for the president. Government-sponsored enterprise. Congress created the first GSE in 1916 with the creation of the Farm Credit System; it initiated GSEs in the home finance segment of the economy with the creation of the Federal Home Loan Banks in 1932; and it targeted education when it chartered Sallie Mae in 1972 (although Congress allowed Sallie Mae to relinquish its government sponsorship and become a fully private institution via legislation in 1995).
The residential mortgage borrowing segment is by far the largest of the borrowing segments in which the GSEs operate. GSEs hold or pool approximately $5 trillion worth of mortgages. For a comprehensive list of articles discussing Fannie Mae, Freddie Mac, and Government-Sponsored Enterprises, see Fannie Mae and Freddie Mac: A Bibliography. Backing of US Currency The Congress has specified that Federal Reserve Banks must hold collateral equal in value to the Federal Reserve notes that the Federal Reserve Bank puts into circulation. Business List of GSEs Government to help SMEs resolve disputes with launch of online tool. Resolving disputes is set to become a whole lot easier for SMEs with today’s launch of Dispute Support, a government-backed online information and referral tool. Housed on the Australian Small Business Commissioner’s website, Dispute Support provides information about the dispute resolution services available to small businesses and the cost of the services.
SMEs can also use the site to access tips and advice for managing disputes and avoiding them in the future. While the services have been available for some time, Small Business Minister Bruce Billson told SmartCompany this morning the tool is designed to increase awareness about the options available to small businesses when embroiled in disputes with customers, other businesses or government.
“We’ve had very positive feedback about these services from small businesses who have used them but our research shows a vast majority of small businesses are not aware they exist,” says Billson. Profectus BioSciences. Sme germany. Google launches new venture fund for European start-ups. 10 July 2014Last updated at 06:58 ET Ambitious European tech entrepreneurs can bid for a slice of Google's $100m Google is launching a venture capital fund to invest in promising European technology companies.
The $100m (£58m) fund will "invest in the best ideas from the best European entrepreneurs", according to Bill Maris, managing partner at Google Ventures, overseeing the project. "We believe Europe's start-up scene has enormous potential. " The new operation will be based near London's Silicon Roundabout start-up district. But Google is open to further geographic expansion in the future. "We've seen compelling new companies emerge from places like London, Paris, Berlin, the Nordic region and beyond - SoundCloud, Spotify, Supercell and many others," Mr Maris writes in a blog to announce the new fund.
Financial return Eze Vidra, who set up the "Google Campus" in London, an incubator for technology enterprises, is also a partner. SBA 504 Loan. Eligibility In order to qualify for the program, the borrower must meet the SBA's definition of small business and must plan to use over half (51%) of the property for its own operations within one year of ownership; if the building is to be newly constructed the borrower must use 60% at once and plan to occupy 80%. The borrower may form a real-estate holding company that lease 100% to the operating business, which then subleases surplus space (up to 49%). To qualify for this program, U.S. citizens or permanent residents must hold a majority of the ownership of the operating companies and the holding company. As of 2009[update], the 504 Loan does not contain any restrictions or ceilings; however, there are three criteria for eligibility: Structure There are three partners in an SBA 504 loan—the borrower, a bank or other regulated lender, and a CDC.
References External links Y combinator. SBC Stirling. Business Mentoring Scotland. The great Australian brain drain: Why are our founders heading overseas? It’s a conversation that regularly occupies the Australian start-up community. Despite several smash hit start-up successes, why do so many of our most successful and innovative start-up leaders take their talents overseas? Mick Liubinskas, mentor at Telstra accelerator Muru-d and Pollenizer, believes the Australian “brain drain” to abroad (predominantly America) is a result of limited resources and small populations.
He suggests that while the accessible market in Australia is small in one sense, it ought to be regarded as an invite to lift our eyes to others. “Part of the problem with Australia is our home market isn’t big enough to build a massive company, but it’s not small enough to make start-ups realise they have to be selling globally from the beginning,” Liubinskas says. Limited population mass is never a death sentence. It is not difficult to understand then why “global from day one” has become a mantra for the Australian start-up community.
Barnaby Joyce wants cheap loans for farmers, but will it help small business? Melbourne Accelerator Program, University of Melbourne. Tech is Exploding All Over the UK, Not Just London. Innovation Investment Fund (IIF) Business Victoria - Start, Run & Grow Your Business.