The UK's only national awards dedicated to internet entrepreneurialism have opened for nominations and are welcoming submissions from the country’s best and brightest digital businesses.

The majority of UK entrepreneurs believe that there is a lack of understanding amongst venture capital circles of entrepreneurship, according to new research from Coutts.  The results of a survey show that UK entrepreneurs are also largely sceptical about the benefits of venture capital and its fit within the entrepreneurial mindset.  While 69% of entrepreneurs believe venture capital investment will deliver faster growth to a business, the majority have doubts about the experience they would go through and the sustainability of that growth.

Minister for Business and Enterprise Mark Prisk has announced that the government is to renew its grant to the National Association of College and University Entrepreneurs (NACUE).

Founded with only two employees four years ago, Medialounge is a UK-based digital agency specialising in website design and build. The company’s design experts program in all major website languages and have a proven track record in search engine optimisation.

The Federation of Small Business (FSB) has made a statement of hope that government will announce a separate body and a seat in the cabinet to represent the interests of small companies.

In days of old, most business was arguably a lot simpler. You produced something and sold it for a profit, building up a good reputation over time so as to ensure ongoing patronage. Before the industrial revolution most sales were essentially local, and you had a much greater steer on competition, demand levels, customer preferences and pricing. You probably sold your products directly to consumers as the butcher, baker or candlestick maker.

While the phrase ‘traction’ has typically been associated with tyres, friction and slippery driving conditions, it's use is increasingly common in entrepreneurship and venture capital circles. This article explores what it means and why it is an important concept for entrepreneurs to be familiar with.

Camila Batmanghelidjh is the founder and director of Kids Company, a London based charity which provides love, care and practical support for 14,000 vulnerable children who face challenges in their family homes, relentless violence and chronic abuse. Camila founded the charity in six converted railway arches in 1996. Fifteen years later, Camila has a team of 500 staff, over 10,000 volunteers and has raised £60 million to date. The Next Women met with Camila to understand the woman behind the crazy clothing.