2017 is set to be another year where unexpected events continue to unfold before us. Trump has survived his first 100 days in office, the starting button has now been pressed on the Brexit process and we now await the outcome of our general election. What is next…? Will the future of the UK be “strong and stable” or “weak and wobbly”!?
Supporting and developing the entrepreneurial ecosystem is a key ingredient of ensuring that innovative businesses can quickly grow and scale into international businesses with the prospect of growing a “strong and stable” economy. The ‘Engage Investment Exploit’ tech investment conference, which we have now supported for the fifth year running, is one of the most impressive events of its kind in the UK which showcases some of our most exciting companies of the future to numerous investors. It has become even bigger and better than previous years and we need to make sure that this event continues into 2018 and beyond and grows its international reach. Duncan Logan was one of several inspirational speakers at EIE 2017 and he made the point that we need to work hard to make sure that our high growth companies are successful. As a former farmer he used the analogy that young lambs have a habit of trying hard to kill themselves and that without proper support and guidance many of our start-up companies are like young lambs!! This is your Kitchener moment to think about what you can do to act as a guiding shepherd and help our entrepreneurial businesses to grow, scale and succeed!
In the ‘iDeals’ section of this newsletter we have turned the spotlight on a number of deals which we have been involved with. These deals help highlight what several of our entrepreneurial businesses have been doing and we are delighted to have been given the opportunity to support them with their exciting plans and help make them happen.
When we are not working on deals we do our best to run various initiatives and we were delighted to host a tech trade mission from Bavaria, an event on syndicated investments with Syndicate Room, an ‘extraordinary lives’ event featuring film producer and screenwriter Paul Pender, numerous US legal workshops and a Financial Conference with speakers like the CEO of Metro Bank. We even managed to co-host a data security event along with the Cyber Academy less than one week after the WannaCry ransomware attacks! Please read on to find out more about some of these events and the wish list of the German tech companies who visited us on the tech trade mission. I can’t list every event but we are very grateful for everyone involved who has been kind enough to give up their time to help out.
Please in particular note our article about data security and the far reaching data protection changes which will be introduced in less than 12 months. Detailed slides on these changes are available via a link within the article. In terms of crystal ball gazing I have also put separate proverbial ‘pen to paper’ about the smart use of data and why we could all be driving electric cars by 2025! As ever, my colleagues and I are happy to respond to any questions that you may have about how any of issues outlined in this newsletter may affect you.
We look forward to continuing our journey with you, providing you with excellent specialist advice and thank you once again for your support.
Stuart Hendry, Senior Partner
T 0131 226 8203 & 0203 096 0113