News from around the world – June 3

What's happening around the world!

A compilation of important news from the startup world: 

International trade will drive 25% growth of Britain’s small businesses
Britain’s small and medium-sized businesses expect international trade to provide a 25% boost to their business’ growth over the next five years, research from EE has suggested today. America and Western Europe are the top target markets for small businesses in the UK – 55% of small firms said they were looking to expand in the US while 82% said they were currently trading with, or planning to trade with, Western Europe. Businesses in manufacturing, media and marketing, and IT and telecoms were found to be the most likely to be trading, or planning to trade, abroad.

Utah Tech Companies Are Teaching Children About STEM And Computers
Utah’s tech companies are going bonkers for children. Many Utah-based companies are getting in on the action — including Domo, Qualtrics, Women Tech Council — creating non-profit organizations and donating time/resources to help K-12 students soup up their knowledge regarding computer science and STEM (science, technology, engineering, math) education. One of these initiatives revolves around Maple Ridge Elementary School and the Do Good Foundation, a non-profit created by InsideSales. As part of the initiative, 4th-6th grade students at Maple Ridge are being taught how to code by volunteers from InsideSales, with over 500 hours donated to roughly 225 students and I will bet anyone $100 that literally all of those 225 students know more about coding than I do.

Australian tech startups to launch over-the-counter bitcoin platform
Two Australian technology startups is set to launch an over the counter platform for selling bitcoin which is being deployed to about 1200 newsagents nationally.  The technology, which is a joint venture between Sydney fintech solutions business Blueshyft and Bitcoin exchange Bitcoin.com.au, said that blockchain will be available over the counter at a news agency near you. This means that Australians can buy bitcoins for the first time over the counter with cash. Both the companies Blueshyft and Bitcoin.com.au have well known backers and history in the Bitcoin trade. Bitcoin.com.au comes under the umbrella of Global Internet Ventures (GIV) that set up Buyabitcoin around two years ago. The technology is expected to open the way for cheaper remittance services, gambling and financial services.

Indegy Selected Big 50 Top Startup to Watch in Tech
Indegy, the industrial cyber security company, today announced that it was named a top security startup to watch in 2016 by Startup50 in its annual Big 50 report. Hundreds of tech startups are evaluated by a panel of experts and voted on by readers to select 50 winners in five categories. Indegy provides real-time visibility and security for industrial control systems (ICS) used across all critical infrastructure sectors (energy, power, water utilities, petrochemicals, manufacturing, etc.). The Indegy platform is natively designed for ICS networks and provides unprecedented visibility and control to ensure operational safety and protect against cyber attacks, malicious insiders, and operational mistakes. Jeff Vance founded Startup50 in 2014 in order to establish a hype-free zone and to start repairing the broken relationship between journalists, marketing/PR, and the startups themselves. Prior to founding Startup50, Jeff regularly contributed features stories to Forbes.com, Network World, CIO, Wired, and many others..

A Business Accelerator in Brick City Starts Searching for High-Tech Startups
A Newark-based venture capital fund that was launched with fanfare last year has now raised enough money to begin investing in technology startup firms willing to set up shop in the heart of New Jersey’s largest city.  With $23 million now in the bank, Newark Venture Partners (NVP) announced last week that it can begin taking applications for its new accelerator program, which will provide fledgling companies with well-equipped workspace, $80,000 in initial funding, and a chance for further investment of up to $1 million. The fund was founded by Don Katz, the chief executive of Audible, an Amazon subsidiary that’s also located in Newark. With a boost from state corporate-tax incentives Panasonic moved its headquarters to Newark in 2013. And a groundbreaking was held last year for a major mixed-use redevelopment project centered around the former Hahne & Co. department store building on Broad Street; a Whole Foods supermarket is planned to serve as the site’s anchor.

Vive Le Startup: 5 French Companies Leading A Tech Revolution
land of the 35-hour work-week and crippling union strikes is entering what could be a tech revolution. There are new government initiatives and a €200million fund to invest in accelerators across France to encourage entrepreneurs. A ground-breaking coding school that neither charges admission, nor grants entry based on academic performance, made headlines around the world when it recently announced plans to open a campus in Silicon Valley. Paris, which has 5,000 startups alone, and about a thousand new ones sprouting each year, trumped Berlin in last year’s European Digital City Index 2015 citing Europe’s best cities for startups and scale-ups. The French capital is home to 40 accelerators and will soon host 1000 Startups, the largest digital business incubator in the world. Daniel Faloppa, Equidam co-founder says the French are setting themselves apart with the wide range of businesses being started.
Fashion is in the French DNA, so it’s not surprising this company values style as well as substance.

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