Technology

SETsquared event will tackle future funding for spin-outs while offering firms chance to pitch to investors

October 31, 2024
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SETsquared event will tackle future funding for spin-outs while offering firms chance to pitch to investors

Three Bristol deep tech spin-out businesses will be vying for investment of up to £2m at a high-profile event aimed at shaping the tech investment landscape. The innovative firms will line up against 17 other businesses at Investment Futures in London, which will also feature panel and roundtable discussions on...

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Budget 2024: Adele Clapp, tax director, Bishop Fleming. Double whammy of tax rises for employers

October 30, 2024
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Budget 2024: Adele Clapp, tax director, Bishop Fleming. Double whammy of tax rises for employers

Employers have been heavily impacted by this Budget. Employers’ National Insurance Contributions (NICs) will increase by 1.2% to 15% from April 2025. And the threshold at which it becomes payable has decreased from £9,100 to £5,000. That double whammy of tax rises is partly offset by the Employment Allowance increasing...

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Budget 2024: Peter Ball, tax partner and head of private client, Bishop Fleming. Reeves springs immediate changes in Capital Gains Tax

October 30, 2024
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Budget 2024: Peter Ball, tax partner and head of private client, Bishop Fleming. Reeves springs immediate changes in Capital Gains Tax

As widely expected, the Chancellor has increased the rate of Capital Gains Tax (CGT) from Budget Day itself, so any transactions occurring on or after today are affected. That means that any potential window that could have arisen, had the increase been delayed until April 2025, has been closed. ...

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Budget 2024: Regional business reaction. Increased tax burden could stifle Bristol firms’ growth

October 30, 2024
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Budget 2024: Regional business reaction. Increased tax burden could stifle Bristol firms’ growth

Tax rises in the Budget aimed at companies could slow much-needed economic growth and undermine investment decisions, the region’s largest business organisation fears. Business West, the organisation behind Bristol Chamber of Commerce, said it recognised that the Chancellor faced a tight fiscal position and so had to make hard decisions....

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Budget 2024: The key points

October 30, 2024
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Budget 2024: The key points

Chancellor Rachel Reeves started her Budget speech by saying the country voted for change on 4 July. As a result, the Labour government could now “fix the foundations”. The way to ensure growth was to “invest, invest, invest”, she added. In total, the Budget will raise taxes by £40bn. Business...

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The LAST WORD: Annie Legge, co-founder, Tech4Good South West

October 25, 2024
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The LAST WORD: Annie Legge, co-founder, Tech4Good South West

Each week Bristol Business News gives a prominent member of the city’s business community the last word on its weekly e-bulletin. This week Tech4Good South West co-founder Annie Legge answers our 10 questions. What was the LAST Film you watched? The Outrun. I loved the emphasis on healing through nature – cold water swimming...

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Bristol Innovations recruits former SETsquared investment manager as new innovation lead

October 25, 2024
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Bristol Innovations recruits former SETsquared investment manager as new innovation lead

The University of Bristol’s catalyst for innovation has appointed Rosie Bennett as its new innovation lead to grow its programmes for business members. Bristol Innovations was created two years ago to offer innovation-led businesses access to cutting-edge research, technology and talent, creating breakthrough solutions and scalable commercial opportunities that...

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Funding for Bristol healthtech on a mission to tackle eye diseases that affect millions worldwide

October 18, 2024
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Funding for Bristol healthtech on a mission to tackle eye diseases that affect millions worldwide

A Bristol-based start-up has secured £860,000 to help get its groundbreaking eye imaging chip technology onto the market in a move that could help address the UK’s most common cause of sight loss. Siloton will use the funds to further develop its Akepa optical coherence tomography (OCT) chip technology...

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Link-up with smart home firm Hive puts Zapmap on the road to further expansion

October 18, 2024
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Link-up with smart home firm Hive puts Zapmap on the road to further expansion

Bristol-based electric vehicle app and data provider Zapmap is powering up its aim of making EV charging hassle-free by partnering with energy-saving tech firm Hive. The link-up will allow Hive customers to make charging their EVs easier at, or away, from home.  Under the first phase of the partnership...

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Funding now available to help innovative Bristol businesses protect their intellectual property

October 17, 2024
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Funding now available to help innovative Bristol businesses protect their intellectual property

Small and medium-sized firms in the innovation hotspot of the West of England can tap into funding worth thousands of pounds to protect their intellectual property (IP), such as trademarks, patents and designs. Under the scheme, launched by the West of England Combined Authority (WECA), businesses that meet a...

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Back to the future for HP as it opens new Bristol base 40-plus years after first arriving in the city

October 11, 2024
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Back to the future for HP as it opens new Bristol base 40-plus years after first arriving in the city

Hewlett Packard Enterprise has officially opened its new base in Bristol in a move that extends the US tech giant’s links with the city to more than four decades. The Lake View office in Stoke Gifford will serve as a hub for the firm’s UK research and development and...

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Science and tech firms emerging from region’s universities to be backed by new £300m fund

October 11, 2024
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Science and tech firms emerging from region’s universities to be backed by new £300m fund

A £300m investment vehicle to help create and grow the West of England’s next generation of innovative science and technology spin-out businesses has been launched with the backing of the University of Bristol. The fund aims to drive a much-needed step change in the early-stage capital, expertise and support...

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Bristol businesses urged to help celebrate the contribution of refugees and migrants to the city

October 10, 2024
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Bristol businesses urged to help celebrate the contribution of refugees and migrants to the city

In just under a month, Bristol’s business community will come together for The Welcome Party, an event celebrating the economic, cultural and social contributions to the city of refugees, asylum seekers and migrants. Taking place on Thursday 7 November at The Mount Without on St Michael’s Hill, pictured below,...

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