Royal Wedding boost for struggling craft businesses. The Online marketplace Notonthehighstreet expects 25% growth in the number of orders placed in the area of Royal Wedding related memorabilia. The company, supported by venture capitalists Index Ventures and Greylock Partners have introduced the Royal Wedding area on their website today, as well as an effort to bring customers from all over the world to the website. Holly Tucker, executive Chairman of the company, told in the Daily Telegraph that she anticipates that 15 percent of the revenue generated by the wedding to be from outside the country. The craft market, which was established in 2005 that sells items produced by more than 1 800 small-scale businesses, has recorded an increase in sales of 135 percent.
Great news for London’s tech start-ups There’s a new PS1m competition by the Technology Strategy Board (TSB) is offering 10 digital entrepreneurs competing against one another to win up to PS100,000 in funding for projects to come up . Smarta reports thatThe Tech City Launchpad competition will begin on May 6, and focus on attracting fresh talents to. The competition will focus specifically improving the reputation for those in the Old Street and Shoreditch area of Lodon however, it is open to anyone from a London tech startup to participate. The applicants must submit a two minutes of video detailing their future initiatives to participate in the contest.
A manifesto to encourage small business growth from a new business owner: Now that dust has settled from the budget for 2011, Budget, businesszone.co.uk have spoken to Hayley Chalmers, the founder and CEO of Short Couture, who has recently established a business that specializes in clothing for women who aren’t 5’4” to discover what she believes that start-ups really require to receive from government. Chalmers is controversial in her opinions, including the absence of VAT on supplies, and weekly assistance from the government in place of Job Seekers Allowance for 3 to 6 months, while the businesses are being established.
Is social media preparing to explode? It’s the question in everyone’s mind whether we are heading towards another burst of bubbles? With new players entering the world of social media coming into the world of marketing quickly, The New York Times investigates this question with the help of the below video.
