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Not another one?!

Friday, 1 November 2019
 

Dear <<First Name>>​,​​

Philip’s still enjoying the sun, so I’ll be taking the reins this week. 

It’s November 1st and somehow Britain is still in the EU. Boris was unable to keep his “do or die” pledge and Brexit has been delayed, again, until January 31st. With the risk of a No Deal Brexit subsiding, at least in the short term, the Prime Minister was finally able to get the opposition to agree to the General Election he’s wanted since the start of September. Coincidently, Brenda from Bristol has stopped answering the door.

The Brexit Party stand out as an unknown quantity. While they won the European elections, the First Past the Post (FPTP) system tends to close the door on insurgent parties. Counter to popular wisdom, Stephen Bush argues the Brexit party may be an asset to Boris, noting that “the Conservatives actually did slightly better overall in seats where Ukip stood than where they stood down, because disgruntled Labour voters, flirting with Ukip, reverted back to Labour rather than backing the hated Tories.”

The other unknown is whether the Liberal Democrats can maintain their jump in the polls. FPTP has a habit of squeezing out smaller parties.

The polls are hinting at a Conservative majority as Labour struggles to hang on to the Remain votes they won in 2017. But as we learned back then, a lot can change over the course of an election campaign. 

So what does this mean for entrepreneurs? Every party will be making a pitch to business and we’ll be interrogating their plans on tax, immigration, and regulation closely. 

Why talent matters?

This week I blogged about a new US study on the impact of immigration on startups. It found that startups who won the H-1B visa lottery (and therefore were able to hire skilled migrants) were more likely to receive additional rounds of VC funding, to patent, and to successfully exit through IPO. It’s a stark reminder of the rewards of being open to international talent.

You can read the post here.

 
Our Events
 

Britain Needs Talent: What Next for Entrepreneurs
7 November 2019
8.45am to 10.15am
FREE 
Kingsley Napley
Enquire about a place

We are hosting a breakfast roundtable with Kingsley Napley looking at the potential impact of Brexit on the immigration system, and considering the needs of founders and the employees of fast-growing companies. toucanBox founder Virginie Charles-Dear and Duco co-founder Christian Nentwich – both at the helm of two of the UK's fastest-growing businesses – will share their experiences.
 

Global Entrepreneurship Week Roundtable: Next Generation Entrepreneurs
21 November 2019
12pm to 1pm
FREE 
Child & Co, 3 Fleet Street, London EC4Y 1AU

Enquire about a place

To coincide with Global Entrepreneurship Week we are hosting a roundtable on supporting the next generation of entrepreneurs. Hosted by Paul Thwaite, MD of Commercial Banking at Child & Co, the event is aimed at a select group of politicians, policymakers, experts and entrepreneurs already supporting the next generation.

News and Views

The UK's Business Rates system is broken, according to the Treasury Select Committee. Here's how to fix it.

Dame Minouche Shafik is the favourite to become the next Bank of England Governor.

If you want to better understand startup communities, read these three women, says Ian Hathaway.

A new study claims that entrepreneurship only helps the well-off.  Economist Ryan Decker is very sceptical.

"For Shackle, the entrepreneur is not just a trader, a manager, or an initiator of enterprise. The fundamental entrepreneurial activity is creative, and it occurs in the mind rather than the physical world." - Tyler Cowen writes about invisible competition.

Blade Runner was set in November 2019. Welcome to the future.

Apprenticeship Levy could limit youth training, says work charity (Paywall - The Times)

How to recover gracefully after shutting down your startup.

(If you like your ideas BIG, check out our latest Three Big Ideas newsletter on Rock climbing, skilled migrants, and trains, and make sure you don't miss another by signing up here.)
Friends of the Network

Telegraph Women Mean Business Live
5 November 2019
8am to 6.30pm
The Brewery, London
Standard Ticket £149+VAT
Find out more
A day of debate and networking, with speakers including Samantha Cameron, Tina Brown and Rt Hon Liz Truss MP, to overcome the barriers that all too often prevent female-led businesses and professionals from reaching their full potential.


E2E Wine Tasting Evening with UBS,
co-hosted by Caroline Simmons and Gino Nardella

7 November 2019
6.30pm to 9.30pm
Cost: Free
Find out more
A special and intimate wine tasting evening with an economic update by UBS in one of the oldest wine cellars in London.

 

Next Gen Fest

16 November 2019
10am to 6pm
Fest Camden
£15
Find out more
A one-day festival for budding young entrepreneurs, designed for anyone interested in setting up a business, side-hustle, or wanting to grow an existing business.


EO Accelerator London entrepreneurs’ test-drive
20 November 2019
3.30pm to 5.30pm
The Office Group, Thomas House, 84 Eccleston Square, Pimlico, London
FREE
SW1V 1P
Find out more
EO are running a test-drive of EO Accelerator, where you’ll experience first hand how to communicate more efficiently with a team and experience the value of a peer group of entrepreneurs who are working on similar challenges in their businesses.


Innovating for Growth: Scale-ups

Register by 27 November 2019
Cost: Free
Find out more
Innovating for Growth is a European Regional Development Fund programme designed to help small businesses scale-up and grow. 18 high-growth businesses are selected each three months to give £10,000 worth of specialist support and tailored one-to-one advice.

Social Media Masterclass & Networking Evening

27 November 2019
Workshop: 4pm – 5.45pm;  Speaker Panel & Networking: 5.45pm - Late
Cost: £20 full day ticket; £12 evening ticket
Find out more
Social media is a key weapon in every entrepreneur’s armoury but needs to be used correctly. This Masterclass will explain how to get your social media marketing off the ground. Following the workshop, there will be an evening of networking along with a Live Speaker Panel sharing valuable business tips and inspiring stories.


Social Media ROI

2 December 2019
11am to 12pm
Cost: Free
Business & IP Centre, Cambridgeshire - Cambridge Central Library
Find out more
This free workshop will cover free tools: Google and channel analytics. Examples from a live job and previous clients which will demonstrate how measuring applies to different products and objectives. 



IoD North West | Christmas Lunch 2019
5 December 2019
12.30pm to 4pm
King Street Townhouse, Manchester
Member £60 + VAT, Non-Member £70 + VAT
Find out more
Join this year’s festivities with IoD North West. You’ll get a complimentary glass of fizz or beer on arrival, followed by a three course festive lunch (with half a bottle of wine per person included in the price). This will be a fantastic fun afternoon, and a great opportunity to meet fellow North West directors, enhance your network and celebrate.
Best wishes,

Sam
Sam Dumitriu
Research Director, The Entrepreneurs Network

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