Advertisement

30 Startups To Watch: The Startups That Caught Our Eye In October 2020

30 startups to watch: the startups that caught our eye in october 2020

BEGIN ARTICLE PREVIEW:

The economy has seemingly reopened its doors and after months of layoffs, tech startups and companies in most sectors have also started to recruit to prepare for the months ahead. Just a few months ago, many startups had pivoted to new business models such as catering to small businesses, solving digital payments hurdles and going directly to consumers and today they have become the norm or the hot areas of tech development. Venture capitalists have also shifted gears and are looking for innovative models that fit well into the new-normal.Our list of 30 startups for October includes companies that have been forerunners of new business models and some that have survived or helped companies survive through the crisis. These early-stage startups are developing solutions to cater to the new and emerging needs in the Indian market as well as the global tech ecosystem, given the worldwide disruption.30 Startups To Watch: October 2020With schools still stuck edtech continues to find many takers. From regular classes, there also seems to be a demand for platform offering or aggregating after-school activities.In our list for October 2020, eight out of 30 startups operate in edtech, with startups from the enterprise tech sector, which has gained …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE

Univ. startup develops coronavirus antibody test kit using silkworms

univ. startup develops coronavirus antibody test kit using silkworms

BEGIN ARTICLE PREVIEW:

Supplied photo shows a coronavirus antibody test kit utilizing silkworms. (Photo courtesy of Protects Co.)(Kyodo)

A Kyushu University startup in the southwestern Japan city of Fukuoka has teamed up with a medical equipment maker to offer a coronavirus antibody test kit utilizing silkworms that allows people to take tests without visiting medical institutions.
Kaico Ltd. and Protects Co. in Wako, Saitama Prefecture near Tokyo, have jointly developed the mail-in kit that requires people to send a small sample of blood, with Protects beginning the test service targeting companies and organizations on Oct. 12.
Each test kit is priced at around 5,000 yen ($48) and it takes about a week for people to get results, according to the companies.
The national university is known for silkworm research going back about 100 years, and Takahiro Kusakabe, a professor in the Department of Bioresource Sciences, has discovered that a certain type of silkworm among around 450 species studied at the university can produce a protein used in vaccine production.

Supplied photo shows a blood-sampling kit to check whether people have coronavirus antibodies. (Photo courtesy of Protects Co.)(Kyodo)

Following the outbreak of novel coronavirus infections, a research team led by Kusakabe succeeded in growing an artificial protein, …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Univ. startup develops coronavirus antibody test kit using silkworms”

Startups to compete for Esprit Venture Challenge

startups to compete for esprit venture challenge

BEGIN ARTICLE PREVIEW:

Three local startups will compete Nov. 12 in the Boulder Chamber’s Esprit Venture Challenge pitch competition, vying for a $10,000 grand prize.Kegstand LLC, based in Boulder, uses composite overwrapped pressure vessel technologies typically used in the aerospace and natural-gas industries to help make kegs 40% lighter than the current industry-leading standard. The product could save brewers $2.50 every time they ship because the lighter weight will reduce distribution costs, the company said.
Mini Money Management, based in Longmont, developed an app that parents and teachers can use to teach children about financial literacy using everyday experiences. The concept came from a game that co-founder Ellen Ross played with her son, Lorne Jenkins, the CEO, to teach him about the fundamentals of money.
Stride Tech Medical Inc., based in Boulder, developed a technology-embedded attachment for walkers (mobility devices), delivering real-time haptic and LED feedback to users. It provides physical therapists with data on proper posture and usage. The device is intended to facilitate correct use of mobility devices and prevent falls.
The finalists will participate in the pitch competition during the Esprit Entrepreneur event.
© 2020 BizWest Media LLC

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Startups to compete for Esprit Venture Challenge”

Parallel18, Puerto Rico’s Government-Backed Accelerator, Provides Funding for 39 Startups Impacted by COVID-19

parallel18, puerto rico’s government-backed accelerator, provides funding for 39 startups impacted by covid-19

BEGIN ARTICLE PREVIEW:

The economic reverberations of the outbreak of the novel coronavirus are still not yet fully understood. The OECD in September estimated that global GDP would shrink by 4.5 per cent for the year, and experts are predicting only a moderate rebound in the economy next year.

For the territory of Puerto Rico, the coronavirus marks the fifth dire emergency for the island in three years, having previously weathered Hurricane Maria, earthquakes, government bankruptcy and political upheaval that led thousands of Puerto Ricans into the streets in protest. 
In an effort to support startups impacted by the economic crisis, tech accelerator Parallel18 (P18) and its parent organization, The Puerto Rico Science, Technology and Research Trust, have raised a $1 million Business Continuity Fund which will benefit 39 startups who are alumni of the P18 program. 
Image Credit: Parallel18
“From the moment the magnitude of COVID-19 became evident, we had to reinvent ourselves as a program and, at the same time, keep fulfilling our mission to support entrepreneurs from Puerto Rico and the rest of the world,” explained Eduardo Padial, parallel18’s Director of Operations. 
Padial said that after making the decision to reduce the number of startups in this year’s cohort due to …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Parallel18, Puerto Rico’s Government-Backed Accelerator, Provides Funding for 39 Startups Impacted by COVID-19”

43% Startups and MSMEs Plan to Hire Women over Next 6 Months: Survey

43% startups and msmes plan to hire women over next 6 months: survey

BEGIN ARTICLE PREVIEW:

A survey conducted by LocalCircles claims that women workers were among the worst hit in the workforce adjustments made by businesses in the last eight months as the covid-19 pandemic impacted their business and revenue adversely

Grow Your Business, Not Your Inbox
Stay informed and join our daily newsletter now!

October
30, 2020

2 min read

You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

Employment situation for women is set to improve as startups and medium, small and micro enterprises (MSMEs) plan to ramp up hiring of female employees in the coming months, shows a survey by community platform LocalCircles.About 43 per cent of the 7,000 respondents said they plan to hire women employees over the next six months. On the flipside, the survey also shows that women workers were among the worst in the workforce adjustments made by businesses in the last eight months as the covid-19 pandemic impacted their business and revenue adversely.A large number of start-ups and MSMEs had reduced their workforce, with 31 per cent of them reducing their women workforce. Moreover, not a single business reported increase in the number of women employees during the course of the eight months of covid-19 pandemic.A more concerning insight …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “43% Startups and MSMEs Plan to Hire Women over Next 6 Months: Survey”

Teachers are leaving schools. Will they come to startups next?

teachers are leaving schools. will they come to startups next?

BEGIN ARTICLE PREVIEW:

It wasn’t the lingering exhaustion that made Christine Huang, a New York public school teacher, leave the profession. Or the low pay. Or the fact that she rarely had time to spend with her kids after the school day due to workload demands.
Instead, Huang left teaching after seven years because of how New York City handled the coronavirus pandemic in schools.
“Honestly, I have no confidence in the city,” she says. Tensions between educators and NYC officials grew over the past few weeks, as school openings were delayed twice and staffing shortages continue. In late September, the union representing NYC’s principals called on the state to take control of the situation, slamming Mayor de Blasio for his inability to offer clear guidance.
Now, schools are open and the number of positive coronavirus cases are surprisingly low. Still, Huang says there’s a lack of grace given to teachers in this time.
Huang wanted the flexibility to work from home to take care of her kids who could no longer get daycare. But her school said that, while kids have the choice on whether or not to come into class, teachers do not. She gave her notice days …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Teachers are leaving schools. Will they come to startups next?”

Program starts to provide sustainable development for startups

program starts to provide sustainable development for startups

BEGIN ARTICLE PREVIEW:

The impact accelerator program, imece impact, has started to receive applications.

The program is being carried out by the social innovation platform imece under the partnership of Zorlu Holding and the Business Call To Action information consultancy supported by the United Nations Development Program (UNDP), the strategic partnership of the Business World and Sustainable Development Association (SKD) and the investment partnership of Startup Wise Guys.

“We aim to accelerate the startups at the growth stage that produce social and ecological benefits, to make the social impact they produce visible and to contribute to their achievement of the correct valuation within the processes they will enter, especially impact investment,” Mustafa Özer, director of imece, said.

The social innovation platform imece, in which ATÖLYE, S360 and Zorlu Holding are among the founding partners, continues to grow its support for social startups.

With its three years of experience since its foundation, imece is now transforming the Support Program into an impact accelerator program for advanced startups. The new program will be actively run from November this year to April 2021, following the application period from Oct. 12 to Nov. 15, 2020.

The reports will enable the startups to express themselves better and make it understandable …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Program starts to provide sustainable development for startups”

Connection Points—Will A Corporate-Backed VC Attract Europe’s Sustainability Startups?

connection points—will a corporate-backed vc attract europe’s sustainability startups?

BEGIN ARTICLE PREVIEW:

Matthias Dill of Energy Impact Partners

Energy Impact Partners

It’s an equation that can be difficult to balance. On the one side, you have corporate businesses who are under pressure to do things more sustainably – particularly in terms of energy consumption – as we move towards an environmentally-friendly, zero-carbon future. On the other, you have a community of tech-driven startups, all keen to sell their sustainability solutions.  
In theory, there should be a symbiosis of sorts. Corporate players keen to access new technology and thinking, a startup community offers a way to do just that. New ventures that want to make a real difference usually need to win support or, better still, contracts from large organizations. To take a simple example, an SME that develops a wonderful piece of smart grid management software won’t get very far unless it teams up with a business that runs an electricity network.  
The problem is that large businesses are not always that brilliant at dealing with young companies and nor are they necessarily very good at investing in them through corporate venture programs.  

So how do you square the circle?  Well, one way to do it is to create a …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Connection Points—Will A Corporate-Backed VC Attract Europe’s Sustainability Startups?”

Fintech startups and investors have spotted an opportunity in the COVID-19 retail investing renaissance

iam platform login page background

BEGIN ARTICLE PREVIEW:

Retail investing has boomed in recent years amid improved options driven by fintech startups, and latterly thanks to the pandemic.
London-based startup PrimaryBid is one startup looking for ways to improve access to financial markets by bundling together smaller orders.
“Technology enables access and minimizes risk. Retail is getting to a place that it wasn’t before,” said Vinoth Jayakumar, partner at Draper Esprit.
Visit Business Insider’s homepage for more stories.

The growing popularity of fintech startups has been driven by a dislike of existing solutions and better tech. In the UK so far, this innovation has focused on retail banking with apps like Monzo, Starling Bank, and Revolut bringing in millions of users while sectors like business banking, wealth management, and open banking/payments integration have thrived alongside them.One area where there has been less development has been access to capital markets. “The same innovation should be happening in capital markets,” according to Tara Reeves, a partner at OMERS Ventures. “The size of the prize in capital markets is huge compared with retail banking.” Retail investors in the UK have always had something of a raw deal when it comes to equities. Traditionally, when a company comes to IPO, …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Fintech startups and investors have spotted an opportunity in the COVID-19 retail investing renaissance”

The rift between startups: Reinforcing food waste or fighting it? | Sifted

the rift between startups: reinforcing food waste or fighting it? | sifted

BEGIN ARTICLE PREVIEW:

The food waste space is probably one of the greenest areas of business that ever existed. Saving food is comparable to saving whales: nothing bad can come from that — or can it?
The cofounder of the food waste startup Karma, Hjalmar Ståhlberg Nordegren, believes that it can. He wants to see more scrutiny of the actions taken by companies in this sector, to understand how the businesses work and their ultimate goals.
“No one ever checks if what we say is true or not,” he tells Sifted.

Advertisement

“If any of the food waste startups are invited onstage, no one is going to question how we do things. We are green companies by default, we work with food waste and it’s all good.”
We are green companies by default, we work with food waste and it’s all good
Karma and its competitors have highlighted the problem of food waste across the Western world: the impact of food waste is four times worse than all air flights combined.
Since starting out, Karma alone claims to have saved over 3m meals from ending up in the bin, Too Good To Go claims to have saved 2.4m bags of food …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “The rift between startups: Reinforcing food waste or fighting it? | Sifted”