Tag Archives: Start Up

Finance and Banking, News

Envestors Launch ‘Fast-track To Finance’ Fundraising Accelerator for Early Stage Companies

Envestors to tackle early-stage capital funding crunch with the launch of their fundraising accelerator for B2B companies raising up to £1m in equity investment, the culmination of twenty years’ experience supporting start-ups on their growth journeys.

April, 2024, London – Envestors, the UK advisory for high-growth founders, today announced that they are launching their ‘Fast-track to Finance’ Fundraising Accelerator for entrepreneurs looking to raise equity investment, commencing Spring 2024.

Envestors have been helping start-ups raise equity investment since 2004, and with two decades of experience in the early-stage investment space have helped to raise over £100m for over 200 start-ups across the UK, including helping to close a £4m round in February of 2024.

As the current economic climate continues to challenge entrepreneurs, with investors more restrained than previous years and the funding landscape increasingly competitive, it is clear that start-ups – especially those with first time founders – need more support than ever to navigate their fundraising journey.

Moreover, Envestors experience has proven that alongside a difficult market, failure to raise capital is more often than not due to a lack of investment readiness and founders being underprepared, namely, by having an unrealistic valuation, missing key documentation or presenting unachievable business plans.

This is why Envestors have built the ’Fast-track to Finance’ Accelerator to lower these barriers, guide founders in preparing for their fundraise, and provide them with a listing in a regulated marketplace to market their raise.

The programme will provide founders with all the tools necessary to independently manage their fundraise by offering them the chance to work with experts to:

  • Craft their investment proposition
  • Understand their financing options
  • Sort their investment legals, including for the EIS/SEIS schemes
  • Build a realistic financial plan
  • Receive a valuation benchmark for their company
  • Build their investment offer
  • Create a target list of funding sources and outreach plan
  • And perfect their investment pitch

Oliver Woolley, Co-Founder and CEO of Envestors, says ‘We are thrilled to be launching our fundraising accelerator for founders. When I sold my start-up and started Envestors in 2004, our ultimate goals were to help entrepreneurs succeed and to support innovation in the UK. We are all looking forward to continuing to achieve those goals with the ’Fast-track To Finance’ Accelerator.’

The ‘Fast-track To Finance’ Accelerator will launch in April 2024, and is now open to B2B UK registered businesses planning a raise of less than £1m.

Envestors requires a fee to join the programme, but does not take equity or success fees from companies. Register your interest here: https://envestors.envestry.com/fundraising-accelerator

Appointments, News

Guild COO Gregor Young appointed as CEO of professional community and networking platform Guild

Guild, the ad-free platform for professional communities and networking, has promoted COO Gregor Young to CEO as it plans to accelerate growth in 2023.

Young takes over the role from founder Ashley Friedlein who stays on in a strategic sales role.

Young joined Guild in January 2022, and previously led the FT’s digitisation efforts and implemented the publisher’s martech strategy.

Since then, Guild has grown by more than 100%. It hosts more than 6,000 communities for organisations including the CIPD, PRCA, Deloitte, The Marketing Society, National Education Union, Cambridge Judge Business School and is now seeing organic growth in the US and internationally with clients like Renewd, SISO, INSEAD, Risk Leadership Network, and Palo Alto Networks. In late 2021, Guild raised a $2.7m in a seed round to accelerate product development.

Ashley Friedlein, founder at Guild, said:

“Our last funding round allowed us to hire senior talent, like Gregor, and our CMO Michelle Goodall, invest in our product and grow the user base towards 100,000. We believe 2023 is poised to be a breakout year for community, and community tech like Guild, as evidenced by recent community product launches from both WhatsApp and Microsoft Teams. Gregor’s experience in product, data and operations at scale comes at the right time!”

Gregor Young added:

“I’m passionate about righting some wrongs in social media and creating a better way to connect with peers, navigate your career, develop your expertise and yourself. There is still a lot to solve and I’m excited about building the team that will answer the remaining questions. Ashley’s well-known brilliance in community, marketing, content, communication and entrepreneurship will continue to help Guild thrive as we focus on growth for 2023.”

Food & Drink, News

Protein Rebel Crowdfunds to Bring UK’s First Maple Syrup Energy Gel to Market

Protein Rebel is crowdfunding through Kickstarter to raise enough funds to bring the UK’s first pure Maple syrup energy gel to market. Maple Ignite, which contains just two ingredients – pure Canadian Maple syrup and sea salt – is set to rival the lab-made energy gels which typically cause stomach issues among endurance athletes.

“Energy gels are commonly used for giving endurance athletes an energy boost, but the big brand gels contain chemically-engineered ingredients that can cause stomach distress”, says Tim Boote, Founder of Protein Rebel. “We want to bring an all-natural alternative to market that provides everything your body needs while exercising, without the bloating and cramps.”

Protein Rebel, which launched in September 2020 with its all-natural and easy-to-digest protein powders, is looking to become the number one choice for endurance athletes that want to fuel themselves without chemicals. The sports nutrition company has already won leading European sports industry awards for its cricket-based and vegan protein powders, and has appeared on the BBC as well as in leading publications. It’s now looking for Kickstarter backers to help launch Maple Ignite.

Using pure and light maple syrup directly from a farm in Quebec, Canada, rather than the dark and thick maple syrup often used on pancakes, Maple Ignite not only tastes great but is very easy to digest. It’s naturally high in carbohydrates as well as potassium, calcium, manganese, iron and antioxidants to support endurance, and has been blended with sea salt to replace the lost sodium through sweating. A single tube of Maple Ignite provides 24g of carbohydrates and 110mg sodium per serving to fuel athletes for longer during training and competitive events.

Maple Ignite also provides a more sustainable source of energy as each maple sugar tree typically produces sap for over 200 years. Plus, for each gallon of maple syrup produced, 100lbs of carbon is absorbed.

“We’re so excited to bring the UK’s first pure maple syrup energy gel to market, and are looking for people who believe in natural sports nutrition to join us on our journey”, says Boote. “With over 90 percent of distance runners suffering with stomach issues during exercise, there’s a real need for a natural gel that can help boost performance without compromise. We believe Maple Ignite is the ideal solution!”

Launching its Kickstarter campaign in August 2022, Protein Rebel is inviting those interested in finding out more about Maple Ignite to sign-up for updates, where they will be kept informed of the Kickstarter launch and progress. The early-bird offer is £34 for 24 Maple Ignite gels plus a free sports nutrition guide. And pledges in the first 24 hours of the Kickstarter campaign also receive a free protein powder sample.

Law, News, North of England

North East lockdown legal start-up celebrates centenary milestone

A start-up Independent Legal Advice business based in the North-East is celebrating reaching a centenary milestone this month, after receiving its 100th instruction.

Founded by North-East based solicitor, Joe Phelan, during the Coronavirus pandemic in late 2020, the legal start-up – Phelan Independent – has since been working with solicitors’ firms and commercial finance brokers across the country to offer their clients expert, fast and affordable independent legal advice on a range of matters.

With the pandemic acting as a catalyst for many businesses to embrace new ways of working, Phelan Independent seized the opportunity to disrupt the often slow, expensive, and cumbersome status quo by offering Independent Legal Advice, delivered by senior solicitors, via online platforms including Microsoft Teams and Whatsapp within 48 hours of instruction.

Receiving its 100th instruction is testament to the start-up’s ability to accelerate the turnaround times associated with multiple commercial transactions, where independent legal advice is required prior to individuals separately signing documents, such as personal guarantees or occupier waiver forms.

Joe Phelan explains the significance of the milestone, along with his plans for the future:

“Setting up a new business can be a tough decision at the best of times but pressing ahead with launching Phelan Independent during a global pandemic was certainly a daunting prospect. That said, having worked as a solicitor for many years I knew first-hand how hard it can be for clients to obtain high quality Independent Legal Advice quickly and affordably.

“Because the requirement for Independent Legal Advice typically only becomes evident shortly before deals are ready to complete, it’s common for transactions to become delayed, while separate representation is sourced, instructed and the advice provided. Keen to complete, clients are often forced to accept high fees and less than desirable turnaround times. I wanted to change all of that and, spurred on by the pandemic, set up Phelan Independent to meet increasing demand for remote provision of Independent Legal Advice delivered quickly and by a qualified solicitor.

Joe continues: “Growth has been steady since we established the company and we’re proud to now be securing repeat business with local, regional, and national law firms, as well as from members of the National Association of Commercial Finance Brokers; an organisation that represents just under 2000 brokers across the UK and which appointed Phelan Independent an associate patron last year. Reaching 100 instructions feels like a big achievement and one that we’re keen to build on in the coming months and years as we continue to serve as ‘deal enablers’ to law firms, brokers and clients alike.”

News, Proptech News

Advanced property management tool Property Store revealed

Advanced property management and CRM tool Property Store has been revealed today, with an official launch confirmed for the 7th June. Aiming to make property management simple, the innovative solution offers users a holistic view of their property portfolios, by bringing all the data around sourcing and managing multiple locations into one, singular system.

As well as keeping track of a landlord’s existing and potential portfolio through lettings management and deal sourcing capabilities, Property Store also includes a range of additional unique tools. An advanced scheduling system for viewings, in-built automated communication methods for dealing with tenants and even dedicated networking forums to help build up contacts within the industry, are all part of the solution.

The integrated investment calculator also helps investors to assess the potential of a particular property, whilst automatic PDF download capabilities make it easier than ever to share information and updates with all stakeholders involved in a project. These added extras position the software as a necessity for anyone managing buy-to-let properties, be it one or one hundred, and it is designed to grow alongside a portfolio over time.

Jake Barlow, Founder of Property Store said: “As a buy-to-let investor, I was frequently overwhelmed by the sheer amount of information that has to be managed just for a single property. My reality was a huge number of spreadsheets, tabs and documents that were all in use simultaneously, and not only does that get confusing, it makes it really easy to lose or misplace important information just when it’s needed the most.”

“Our sector has been crying out for a tool that works as a one-stop-shop for landlords and portfolio managers, but with so many areas to navigate, there hasn’t been a universal solution. This is why we’ve created Property Store, in order to help give back time to busy property professionals, whilst helping them to be as efficient and cost-effective as possible. Ultimately, Property Store has been created for landlords, by landlords.”

Typically, the property management systems already available either deal with just the front or back end of management. Property Store aims to be a universal solution, and one that works with professionals from deal sourcing right through to tenancy management. Looking after lettings has never been easier, and Property Store is available for professionals with properties anywhere in the UK.

Property Store is currently available to a limited number of users. To join the waitlist and receive 10% discount for 6 Months, visit: https://www.property-store.co.uk/join-the-waitlist

Marketing, PR and SEO, Mental Health, News

International Mental Health Day: A deeper connection with Entrepreneurs today

Written by Mahima Tamang Shrestha – Co-founder & Director, PurpleTree PR

A typical image of an entrepreneur is perpetually tired and stressed, slumped over a laptop in an office accompanied by computer screens and business files, where the entrepreneur frequently neglects mental health. Dr Michael Freeman, a psychologist who works primarily with mental health difficulties and sickness in trade and entrepreneurship, found that 49 per cent of the entrepreneurs surveyed had one or more mental health issues throughout their lives. 

As an entrepreneur for just over a year, the past year has been rewarding and traumatising in many ways. There were days when I’ve seen myself falling, crushing my confidence, and there were times when I felt confident and on top of the world. I have developed ways to address my anxiety and live a conscious life. Among many approaches, the 1st step I took was accepting my anxious thoughts and not ignoring mental health. Hence, at PurpleTree PR, we strongly believe in advocating discussing mental health concerns to help reduce its stigma. 

 

A deeper connection with Entrepreneurs today.

As entrepreneurs, we tend to devote more time to our business, neglecting our personal lives in all situations. Today, however, we have evolved and have learned how to handle things differently as new-age entrepreneurs. We know that a corporate network is necessary, but so is a network of support. Along with assembling a team to assist us with business duties, we also form a support network of individuals who can look after our general health. 

Recently, PurpleTree PR approached four young entrepreneurs across Australia, Europe, and India to know about their thoughts and views on mental health, and was amazed to see the importance they give to work-life balance.

 

As a business owner, are there any conscious efforts you make for self-growth and maintaining mental peace?

Steven Blom, Co-founder Taxi Butler, Amsterdam, says, “Every day I follow affirmations that are empowering me to keep positive mental health/peace. I exercise weekly and eat plant-based to avoid eating animals for 2 minutes of pleasure. I read personal self-growth books and watch clips online that expand my awareness and consciousness.”

Maddie, Co-founder, Glad U Came, India, said, “I believe that every day is a learning process, and I make some conscious efforts to balance it all. I have a rule for myself wherein I don’t work after 8 pm, and I suggest everyone do the same. I know how important it is to have a work-life balance and how, if not maintained, it can affect your mental health.”

However, it is all about taking small steps towards your peace of mind, says Shaun de Vries, Founder and Director of Open Pantry Co. Australia. “I like to read books that broaden my mind, I meditate as much as I can, and I find being a podcast host gives me a great perspective. “

 

What do you prefer doing when you are not working?

“Spending time with those I love the most, going to restaurants and cafes, watching footy and shopping at markets, especially food ones!” said Shaun. 

When it comes to extracurricular, Steve Devlin, Founder, Director of iRise Drink Australia, has everything covered under his umbrella, as he says. “I live to run in the mountains, spend time with my partner, travel, and meditate. I love movement, and I feel negativity has a hard time sticking to something that moves a lot. I don’t prescribe to these late-night early mornings most help books suggest. An early start is fine but hit the hay early too.”

Steven, however, shares one of my favourite hobbies and favourite off-duty pass time, as he says, “I recently started growing vegetables on our patio, and there is something soothing about placing your hands in the earth, planting seeds, watering and growing vegetables and fruits from scratch.”

 

Do you have designated working hours to give time to your personal life?

“Generally speaking, yes, however business is business, there are plenty of times when you need to work outside your normal hours to get work done. I feel this is important in business, particularly startup life, to take your mindset from 9-5 to entrepreneurial. That and it feels rewarding going beyond for your entire venture.” said Steve.

 

What do you suggest to maintain a balance between a healthy work culture and personal life?

And I think we found a point of agreement as-.

Maddie says, “I believe work-life balance is an important aspect of healthy work culture. It is vital to take a break and switch everything off.”

“Personally, for me, taking the weekend off has been amazing. I’m currently working a full-time job alongside my startup, and I’ve even started finishing early Friday and making the weekend almost three days long. Going on Monday to work is so much easier. There’s no dread, rather you look forward to it.” said Steve. 

Shaun prefers to write journals, and he says ‘I journal daily to understand thoughts, be as flexible as possible and learn to say no. You don’t have to be everything to everyone.” 

When we dream about work-life balance, Steven shares his work goals as he says, “I think I work way too much, but at the same time; I love working and do not experience it as work but as a way to be connected to myself and others = life.”

 

Is there a message you would like to share with our next generation of young entrepreneurs on mental health? 

 As we live in this competitive business environment across all sectors, this question comes as a ray of hope to those starting their ventures. Considering every industry of personal and professional life, our leaders shared some words of wisdom.

” Have a small circle of friends in which to trust their advice, listen to yourself first to understand how you are feeling, Journal and meditate, and see a counsellor regularly to talk through your challenges,” said Shaun.

But what about the inner strength? Is what people asked, to this, Steve said

“Meditate. Learn it well. It’s the greatest tool in your arsenal, and it stays with you lifelong no matter what. It’s a rent-free mansion with a jacuzzi on the beach that you can visit anytime you want.” And to this, Maddie adds, “Take good care of your mind as you do for your body because mental health is as important as your physical health. Think about it because if you don’t take care of your mental health, you won’t care for your business. “

Mental Health and optimism is important, but so is having the right attitude towards yourself and your work. “We become successful when we know WHO we are, and therefore, the journey of becoming stable mentally is the journey to success and not the other way around; that we become happy when we have the money in our bank account. We have to grow ourselves mentally, emotionally, energetically and spiritually, and that growth results in success.” Steven agrees as he makes his point.

With this and many others, we now know that a good entrepreneur can maintain a positive attitude in the face of hardship and think clearly despite dire circumstances beyond their control. On this International Mental Health Day, let’s take an oath to spread awareness about the significance of mental health and support people who need it. 

About the Author

With most of Mahima’s professional experience spanning various startups and MNC’s across India, Australia & Germany, Mahima co-founded PurpleTree PR, an Australian boutique PR agency in September 2020 to support new and growing businesses. The vision of PurpleTree PR is to work with small and medium enterprises and help them grow their brand organically by narrating their story to the world through sustainable, affordable and holistic Public Relations & Communications solutions.

Mahima thoroughly enjoys telling stories in the form of topical articles and short anecdotes and is passionate about travelling, cycling and music. She used to be a member of a local rock band back in the days, is a trained Indian Classical Kathak dancer and practices mindful meditation. She is a big advocate for mental health and wellness and a frequent contributor to publications like Inside Small Business and the Nepalese Voice Australia.

News

AML create bold campaign for the venture capital firm that does things differently

Launched in 2018 by Jasper Smith whose previous ventures include Play Jam, Playstack and Hutch – VALA is a new breed of venture capital firm on a mission to back, build and embolden start-ups with the potential to impact on markets and on society.

The Venture Builders – a brand idea and creative campaign created by AML Group has been designed to launch two key VALA portfolios: Sustainable Growth EIS and New British Ventures EIS – targeting Advisers and High Net Worth Individuals (HNWI).

Featuring ‘early stage’ business imagery captured in a series of building blocks with a vibrant colour palette and punchy copy – the initial four executions will feature online and in a variety of print titles including the FT, Times, Telegraph, and specialist financial and adviser trade titles.

“This is a hugely exciting creative opportunity for a bold and entrepreneurial venture capital firm who want to stand out and punch above their weight.” says Hugo Bone, Executive Creative Director at AML “We have taken a complex sector and devised a big, yet simple creative idea with unlimited application and potential.”

The campaign will run for the next six months with media planned and bought through Ptarmigan media and social activity through J2.

Commenting on the campaign and brand idea Elizabeth Netti, Head of Marketing at Vala Capital says: “AML have managed to encapsulate our personality and entrepreneurial spirit beautifully in this new campaign. They have created a simple idea that clearly articulates the Vala DNA both visually and tonally as well as emphasising our point of difference in the market.”

Food & Drink, Food and Drink, News

Luxury Brownie Baker Unveils Brand New Vegan Treat

B is For Brownie adds Madagascan single-origin chocolate vegan brownie to its growing product range.

B is For Brownie based in Rutland is renowned for their use of luxury single-origin chocolate in their recipes, and to the delight of the vegan community – who up until now, could only stare longingly at pictures on B is For Brownie’s Instagram – Lou Cox, founder and Head Brownie Baker has confirmed that the vegan addition is now available online.

Early taste tests for the new recipe have been universally positive, with rave reviews from some very well-respected foodies.

Chocolate writer and award-winning bean to bar chocolate maker Dom Ramsey writes, “I’m very happy with them. The flavour is good and rich, and I like the texture, it’s the perfect balance of cakey and fudgy. I wouldn’t have known they were vegan!”

Influential food writer and editor, Sophie Farrah said, “Recently Lou has been working long and hard to create the ultimate vegan chocolate brownies.”

Sophie continues, “And I confirm that she has nailed it. It’s rich, fudgy, and seriously chocolatey. Completely and utterly delicious!”

When asked about the baking process, Lou, who founded the company back in 2015 with a mission to create a luxury brownie using only the very best ingredients, had this to say, “it’s been very tricky with lots of versions and test bakes!”

“It’s especially tricky with a vegan brownie, as the eggs and butter are no longer present, and they are normally so key to flavour and texture.”

Lou goes on to explain that the vegan butter alternative and oat milk were carefully chosen to provide the textures and flavours that brownie fans will instantly recognise.

“Of course, the single-origin Madagascan chocolate is the main focus of the final recipe. It’s incredibly flavourful, and because terroir contributes to the final flavour of the cacao, each harvest will result in an exciting tweak to flavour. An element of surprise which translates very well when baked into a vegan chocolate brownie.

To learn more, visit https://www.bisforbrownie.co.uk/

Finance and Banking, News

HOST building back better in revolutionary partnership with the Salford Credit Union

A new post-Covid landscape is being shaped in Salford as local residents saving with the Salford Credit Union will be backing diverse entrepreneurs with ethical and affordable lending to help them build and launch sustainable businesses, create jobs and add social value to the region.

Social enterprise Salford Credit Union will offer early-stage entrepreneurs from innovation hub HOST, the Home of Skills & Technology at MediaCityUK, loans and savings services to scale their businesses, ensuring they achieve strong growth.

This first-of-its-kind business model aims to help founders from diverse and disadvantaged backgrounds access funds at affordable rates as many start-ups and technology entrepreneurs struggle to secure credit from mainstream lenders. The loans will be subject to entrepreneurs enrolling on HOST’s business and innovation growth programmes.

HOST provides innovative programmes for entrepreneurs, from start-up to later-stage, and actively supports entrepreneurs to generate revenue and secure investment to repay loans, lowering the risk for the credit union.

This means the dividends paid to Salford Credit Union savers will come directly from local entrepreneurial success, establishing a truly organic and ethical place-based, enterprise ecosystem.

Credit unions support and educate people including low-income families like single parents, or those who are financially vulnerable, by encouraging them to save what they can and only borrow what they can repay.

All HOST members and entrepreneurs will be encouraged to become savers with the Salford Credit Union and as well as benefitting from the loans that will be produced, they will also be supporting the local economy.

Established over 30 years ago, Salford Credit Union is a not-for-profit cooperative owned by more than 4,000 members and provides a local, ethical alternative to traditional banks and payday loan companies.

There are almost 3,500 social enterprises across Greater Manchester that reinvest between £45-90 million back into the region every year.

Mo Isap, CEO of IN4 Group, operator of HOST, said: “I am so proud to be partnering with Salford Credit Union to establish this unique social business model, which is unprecedented in a post-Covid world. People, place and culture are at the heart of everything we do, and this is how technology, innovation and entrepreneurship in a place needs to be supported. Salford is truly leading the way.

“We are nurturing entrepreneurs from the grassroots up and with the savers of Salford investing in the future of Salford, they have a real stake in its recovery from the pandemic. By supporting entrepreneurs to succeed, create new jobs and new opportunities for their local community, residents are providing valuable help towards building back better for the region.”

David Warburton-Broadhurst, Chair of Directors of Salford Credit Union, said: “All Credit Unions are about people helping people. By repaying their loans to Salford Credit Union, local entrepreneurs will be helping to build local wealth in our city. When we can share dividends with our members this encourages the savings habit, which ultimately helps people get more control over their finances. As an ethical lender, Salford Credit Union are proud to be able to support local innovation and employment through this new partnership.”

Salford Credit Union will also be delivering a session about alternative finance as part of HOST’s Fund Your Tech, a free to access masterclass on Monday 27 and Tuesday 28 September. To register, visit: https://www.hostsalford.com/programmes/fund-your-tech/

Business Advice, News, Start Ups

Coronavirus phrases inspire hundreds of new start-up businesses

The UK lockdown has seen an increase in new companies forming to meet the demands resulting from coronavirus, with ‘COVID-19’, ‘lockdown’ and ‘pandemic’ featuring heavily in the names of new businesses created since March.

Research from leading accountants, SJD Accountancy to mark the launch of its new business naming tool, found 115 new businesses have used the phrase COVID-19 in their name, with cleaning companies accounting for 20 per cent of them as enquiries for sanitisation services skyrocketed.

A total of 52 UK businesses now include the word ‘lockdown’ in their name, with retail being the most popular sector with products such as PPE, gardening tools and IT equipment on offer.

A number of these retail companies also formed in response to a spike in grocery takeaway orders at the height of the pandemic, with new small businesses such as Lockdown Bakers, Lockdown Pizza and Lockdown Liquor established for food and drink sales.

Thirty newly-formed companies feature ‘coronavirus’ in their name, largely specialising in the medical market and focused on things such as the distribution of home testing kits. Meanwhile, ‘pandemic’ was the inspiration behind 18 new businesses working across management consultancy, manufacturing and social work.

London is at the heart of the lockdown-inspired business start-up sector, with 30 per cent of all businesses formed using a coronavirus-related name registered in the capital.

James Foster, Senior Commercial Manager at SJD Accountancy, said: “The pandemic caused a sudden demand for lots of services we wouldn’t normally need, and we’ve seen businesses attempt to plug the gap and even go as far as naming themselves after phrases connected to the coronavirus pandemic that have now become part of everyday conversation.

“It’s clear these businesses have a specific focus on COVID related services, and likely chose these names to help reach their target audiences and markets quickly. Selecting a name is vital for a company’s identity, but it’s also one of the trickiest decisions to make, it’s been fascinating to look at the entrepreneurial spirit people have shown towards creating a new business during a global pandemic.

“When it comes to helping our clients form their company, we take them through every stage of the process but often find that landing on a name can be tough. Our new business naming tool is proving popular to help people as it generates automatic suggestions and the tool links directly to Companies House data, giving confidence that any generated names are immediately available.”

To find out more about the new business naming tool, try it out here.