Lessons learnt from launching a studio while at university
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Scaling the impact of innovation in the United Kingdom - CST letter to the Secretary of State (accessible webpage version)
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Exclusive: City fund manager calls for reforms as UK first-time funding is down by a third from 2018 peak
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Last year was the consecutive year that the number of start-up funding rounds was down.
There were 1,427 first-time seed-stage deals completed in 2020, down 17 per cent from 2019’s 1,715 – and a 36 per cent drop from the 2,055 completed in 2018.
The data also points to reductions both to the amount of money available for first-time rounds and the number of funds equipped to make such investments.
SFC Capital, which commissioned the research, has called for seed funding to be reformed with greater government investment into seed-stage funds. Otherwise, said SFC, the government’s “levelling up” and “science superpower” economic strategy will be jeopardised.
To date, the Seed Enterprise Investment Scheme (SEIS) has helped 14,921 businesses raise £5.8bn since its launch in 2012.