Technology

AI could add $500bn to value of SMEs globally

SMEs either creating AI for enterprise organisations or embedding AI in their own businesses will add billions of dollars in value, says boutique tech bank DAI Magister

Funding

Connection Capital backs film set firm as it looks to invest £100m in 2022

The London-based private equity firm has up to £100m to invest in businesses in 2022, including £40m from its own-led direct private equity and private debt transactions

Funding

50% of Britain’s scaleups expect to raise finance this year

This is despite the £15bn funding gap identified by the Scaleup Institute between what scaleups need for investment and what’s available

Growth Planning

75% of mid-sized businesses expect revenues to recover within one year

Nearly 90% of medium-sized businesses expect to hire more staff over the next six months, according to BDO report

News

Call for digital adoption fund to boost small business productivity

Tech start-ups call for a Singapore-style fund to help small businesses cover the cost of upgrading digital solutions, boosting the UK’s woeful productivity

Alternative Finance for Business

Supply@ME brings its inventory monetization solution to UK manufacturers

Stock exchange-listed inventory fintech aims to buy £200m worth of stock from UK manufacturers in pilot scheme