The Small Business Service is launching a finance division to promote venture capital use, after budget measures to boost equity finance for small companies. SBS chief executive David Irwin has set a target to raise £1bn by 2004 to aid SMEs. ‘I can announce today that £57m has already been raised from the private sector … to create a total fund to date of £77m,’ he says.
The AI research team now forms part of Google’s Beijing office, and will be working with the tech company’s engineering teams.
A new report by financial consultancy Brand Finance looks at the potential financial impact of forcing big companies such as Pepsi Co and Coca-Cola to have non-branded packaging.
Games and augmented reality features for children sit alongside artificial intelligence features for parents, who can ask questions to find out about their child’s progress.
The winning entry of the product design competition will be awarded £3,000, while a further £2,000 will go to the university they study at.