Startups

In the digital age, data protection is paramount. For startups, it's not just about compliance, but also about building trust. Enter the concept of data protection by design. This proactive approach to privacy is becoming increasingly relevant in the startup sector. But what exactly is data protection by design? It's about integrating data protection measures into the very fabric of your business operations and product development. This approach is not just good practice, it's a legal requirement under the UK…

If you are considering a new venture, taking on new shareholders or seeking funding and investment, this deal is for you.

A Founders' Agreement is not merely a formality; it is a foundational document that fosters trust and clarity among co-founders. It outlines the vision, mission, and values of the startup, ensuring all founders are aligned in their goals.

In the dynamic world of startups and small businesses, funding is a critical element. Yet, it often comes with its own set of challenges. One such challenge is managing valuation uncertainty during funding rounds. This is where Advanced Subscription Agreements (ASAs) come into play. ASAs are a financial instrument that can help manage this uncertainty. They offer a unique approach to contract negotiations, providing a flexible and efficient solution. In this article, we look at ASAs in detail, their benefits,…

The UK is undoubtedly a good place to launch innovative technology. The UK has a goal to transform into a tech superpower by 2030 and is developing international partnerships across academia, government and industry to make this happen.  The UK is already ranked fourth in the Global Innovation Index for 2022 and ranked 12th in the 2022 Network Readiness Index, and it is renowned for a thriving tech ecosystem.   The “Flip Up”  This is why the UK has become…

The Commercial Team at JPP Law outline the reasons why every company should have a shareholders agreement.

In the UK, convertible loan notes have become a popular option for startups and early stage companies looking to raise finance. These are financial instruments that allow investors to lend money to a company in return for the option to convert that loan into equity at a later date.  When an investor buys a convertible loan note, they are, in essence, lending money to the business, but when certain conditions are met, that money can then be converted to equity…

Crowdfunding has become an increasingly popular form of funding for entrepreneurs with a good business plan, or early stage companies looking to take their business to the next stage of its development. In the UK, crowdfunding is well established and regulated by the Financial Conduct Authority (FCA). In this article, we will explore the landscape, and look at the pros and cons of using crowdfunding as a financial tool for a business starting out, or growing. What is crowdfunding? Crowdfunding…

One of the most important factors behind the success of every startup and scaleup is adequate funding. Without it, the business won’t be able to move to the next stage of its development. Fortunately, for businesses operating within the United Kingdom, there are plenty of support and UK startup funding options for a businesses with plans to grow. Here, we look at some of those options, as well as the importance of seeking sound legal advice throughout the funding process…

In March 2023, the UK government launched the International Technology Strategy with the goal of transforming the UK into a tech superpower by 2030. In doing so, it promises to work closely with governments, academia and industry to create international partnerships with emerging science and technology nations, create jobs and opportunities for tech businesses across the country. This move should help businesses looking to launch innovative technologies in the coming years, but what other advantages exist for tech companies looking…