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Business Support UK

New online platform launched to support UK Black entrepreneurs

The Black Business Network (BBN) and Lloyds Bank have launched the Black Entrepreneurial Ecosystem Network (BEECON), a free online platform to support Black entrepreneurs in the UK. BEECON is a response to the “Black. British. In Business and Proud” report, which called for a UK-wide Black business ecosystem with tailored support.

Funding

Trunk Tools Raises $20M Series A Led by Redpoint Ventures

Trunk Tools, an AI platform transforming the $13 trillion construction industry, announced a $20 million Series A on Sept. 5, 2024, led by Redpoint Ventures, bringing total funding to $30M. The platform uses AI to structure unstructured project data, enhancing efficiency and reducing delays by automating administrative tasks.

Department for business

British High Commissioner Visits Abia

The British High Commissioner, Dr. Richard Montgomery, visited Abia from Aug. 20 to Aug. 21, engaging in high-level discussions with Governor Alex Otti, government stakeholders, and business leaders. The visit, noted by Atinuke Akande-Alegbe of the British High Commission, aimed to explore economic partnerships between the UK and Abia.

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