The COVID-19 pandemic has had a big impact on small, to medium-sized enterprises (SMEs) and startups.
In keeping with a survey carried out in April by the Nationwide Bureau of Financial Analysis, 43% of SMEs had quickly closed throughout the pandemic. On common, companies lowered their staff by 40%, and 75% of the 5800 SMEs surveyed reported that they’d two months or much less accessible in money in reserve.
Regardless of these difficult circumstances, nevertheless, there are nonetheless loads of European corporations on-hand to make sure that SMEs and startups proceed to develop, and we’ve listed 10 of them.
1. Straight Speak Consulting
UK-based SAAS operations and progress consultancy agency Straight Speak Consulting analyzes B2B companies, creates a tailor-made progress plan for them after which works with founders to implement long-term data-driven progress methods. Earlier than transitioning companies utilizing scalable and repeatable progress, STC makes use of knowledge in each stage of the decision-making course of with a view to obtain product market match. Co-founded by Dan Wheatley and Ben Lickley in 2017 after dangerous experiences with consultancies and companies, STC helps develop enterprise throughout many alternative industries. STC goals to offer easy recommendation on what companies want, at what stage they want it and clarify why they want it.
Auquan is a knowledge science platform that gives instruments permitting monetary corporations to develop their companies by figuring out alternatives and hedge dangers forward of the market, saving them time. By conducting tailor-made issue analysis for predicting market route, in addition to textual content and sentiment evaluation with a view to assemble a quantitative portfolio, Auquan helps corporations reinforce investments. Auquan acknowledges that knowledge scientists are costly and extremely sought-after, however its platform democratizes entry to this important service for monetary corporations. Geared up with the correct data, expertise and perspective, Auquan believes that any gifted worker can design profitable buying and selling methods with out being a knowledge scientist.
3. Founder Institute
The founder institute is a pre-seed accelerator serving to to develop corporations in Europe and throughout the globe. By establishing a help community made up of native startup specialists, and offering a structured business-building course of which contains a collection of progress sprints, in addition to weekly suggestions classes from a crew of mentors and buyers, corporations can count on to boost the funding wanted to develop their companies on the pre-seed stage. Previous Founder Institute alumni have raised over $950M. At Founder Institute, startup founders can even generate traction for his or her enterprise, recruit crew members and work on constructing merchandise. The Founder Institute operates in over 200 cities throughout six completely different international continents, together with Europe.
On-line quiz maker and advertising platform Riddle helps companies interact their audiences, generate leads and develop their audiences. Based in 2014, Riddle has labored with shoppers together with Method One, the BBC and Macy’s, in addition to manufacturers, publishers and bloggers. Riddle creates quizzes for corporations to make use of as a advertising instrument, which — when shared on social media — have the potential to go viral and generate leads for potential prospects. As soon as these audiences are created and engaged, Riddle then affords the chance for corporations to develop them by way of advertising campaigns, which will also be customized based on person quiz solutions.
5. bene : studio
Hungary-based consulting and digital growth service bene: studio helps companies to develop their digital presence, together with their internet and cellular purposes. Utilizing their professional product growth crew, bene: studio helps corporations to form their digital technique utilizing person expertise and person interface design, structure design and cutting-edge expertise. The corporate makes a speciality of creating cellular apps, the react native open-source cellular app framework, large knowledge and serverless web site design.
UK-based expertise market PitchMe is a instrument that captures the large knowledge of candidates making use of for jobs, pulls data from related on-line sources about them and creates them a digital skilled identification which is then used to use for a job. Versus the standard CV technique, this digital identification helps employers diversify and steadiness their recruitment course of, offering corporations with expertise that higher fits the roles they wish to fill. As an organization, PitchMe’s mission is to create a expertise ecosystem that helps the fixed upskilling and reskilling of staff, with a view to maximize corporations’ output and effectivity.
For logistics corporations that depend on transport and cargo, Transmetrics makes use of large knowledge, AI, knowledge mining and predictive analytics to extend their operational effectivity, permitting them to undertake a extra distant, data-based strategy. This strategy, which Transmetrics describes as “distinctive,” entails evaluation, modelling and prediction of transport flows with a view to streamline the transport course of. Its SaaS follows a three-step course of: knowledge cleaning, demand forecasting, and predictive optimization. Bulgaria-based Transmetrics has helped its air, ocean and floor freight shoppers to chop prices by as much as 25%, and scale back their turnaround supply occasions.
From its base in Barcelona, Holded helps SME house owners handle a number of features of their enterprise from one single cloud-based suite. This instrument prides itself on the pledge that it’s going to synchronize all enterprise features; from invoicing, to accounting, buyer relationship administration, stock, and initiatives. Holded additionally permits companies to combine exterior instruments onto the cloud; akin to PayPal, Stripe, Google Drive, Amazon and Dropbox, in addition to over 300 completely different banks. In brief, the corporate goals to avoid wasting enterprise managers from having to enter data into their methods manually, enabling the platform to do it for time. Holded’s mission is to “create the perfect software program ever” and “assist entrepreneurs turn into enterprise heroes.”
NEXT Applied sciences affords companies a design software program that digitally guides corporations via the idea-to-market course of. NEXT begins with an organization’s preliminary problem, then establishes phases of the enterprise design mission and organizes them into playing cards — full with design duties — that information groups via the steps of labor. Rooted in design considering and lean strategies, Amsterdam-based NEXT codifies the rules and practices of enterprise design and places them right into a purpose-built software program resolution to assist groups handle the mission’s phases, duties, knowledge, and homework. This resolution helps companies to measure and scale their processes, whereas aligning their workforce in enterprise design.
Primarily based within the Netherlands, Factris helps SMEs in Europe to enhance their financing and develop their companies by shopping for their unpaid invoices. Factris is aware of all too nicely how tough it’s for entrepreneurs to acquire loans from banks, so it really works to offer another. The corporate makes use of factoring — another type of bill financing — to hurry up the standard bill course of, which might typically take a number of months to course of. In trade for a small price per bill, Factris buys SMEs’ unpaid invoices, offering companies with liquidity. Factris additionally gives commerce credit score insurance coverage, helps entrepreneurs to judge danger in transactions and debt assortment providers.
Disclosure: this text incorporates shoppers of an ESPACIO portfolio firm.
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