The week in entrepreneurship

Your weekly summary of entrepreneurship news, comment, and features. Sent by the Centre for Entrepreneurs (home of StartUp Britain). Sign up here. Read the original newsletter here.

Is the first business the best?
How do entrepreneurs view doing it all again? What are the challenges the second time around? Is there less passion after the first business?

Coutts and the Centre for Entrepreneurs have partnered to examine serial entrepreneurship in the UK. We want to reflect the views of as many entrepreneurs as possible, including those who have exited and those who have not, and those who have started a second venture and those who have not.

Complete our survey here.

The Maserati 100: Nominate someone today
Maserati and the Centre for Entrepreneurs have launched the second annual Maserati 100 index – a search to find 100 of Britain’s most successful philanthropists, investors, mentors and advisors, and ascending entrepreneurs who are supporting the next generation of founders.

Nominate someone today. Deadline Sunday 13th December.


The Autumn Statement

Over 55s to cash in over £400m in pensions to fund businesses
Startups: Over 55s are capitalising on the government’s recent introduction of pension freedoms and are opting to take their tax-free cash lump sum to create wealth rather than go on cruises, according to a new report from Clifton Asset Management. Read more.

British university incubator SETsquared named best in the world
Telegraph: The partnership between Bath, Bristol, Exeter, Southampton and Surrey has topped the world rankings in an index by UBI global. The incubator has supported 1,000 start-ups in the last 13 years, creating 9,000 jobs and contributing £3.8bn to the UK economy. Read more.

Government closes Growth Accelerator scale-up business scheme
Enterprise Nation: To achieve the 17% cuts in the Department for Business department, the government is winding down the Business Growth Service including Growth Accelerator and the Manufacturing Advisory Service. Read more.


The Autumn Statement: Mostly good, a little bad
All in all, the measures announced in the Autumn Statement made it a positive one for entrepreneurs and start-ups across the UK, writes Maximilian Yoshioka (lead researcher, Centre for Entrepreneurs). Read more.

What does “good” business actually mean?
It’s something often talked about in commercial circles, but what does it actually mean to do good business – and how seriously are extra responsibilities being taken by companies, asks Anna Edwards (news anchor, Bloomberg). Read more.

There’s no room for complacency when it comes to UK entrepreneurship
The UK holds an enviable position as one of the most attractive centres for business in the world, but we must reinforce the foundations and throw a spotlight on the unique appeal of British business, writes Max Steinberg (chair, International Festival for Business). Read more.


This was a bumper week for entrepreneurship awards!

A pivot back to corporate life
FT: Security, training, time off: why some entrepreneurs swap their start-up for a bigger employer. Read more.

From coal mining to digital hub: how tech start-ups are transforming Wales
Guardian: South Wales is home to one of the fastest growing digital clusters in the UK, but councils need to do more to make Cardiff compete with other capital cities. Read more.

Brothers behind Pines and Needles aim to be ‘the Harrods of Christmas trees’
Standard: Sam and Josh Lyle are about to get very busy. Read more.