save our startups

Save Our Startups

This is an opportunity for founders, employees, shareholders, customers and the wider ecosystem supporting Britain's startup and high growth businesses to tell the UK Government what needs to be done to protect their future.

6,000+ signatures


An open letter to the British Government:

Britain has a proud history of innovation, enterprise and entrepreneurship. However, today’s entrepreneurs are being forgotten during the Covid-19 crisis, which threatens their existence. We all want a swift end to this health crisis but we also desperately need to protect the future of our economy during these challenging times.

Today, there are almost 30,000 startup and high-growth businesses in the UK who employ 3.3 million people*. These businesses are making a huge contribution to the economy but are often yet to make a profit because they are investing in their people, technology and bringing innovative products and services to market. They are highly unlikely to qualify for the Coronavirus Business Interruption Loan Scheme (CBILS), which was introduced to provide financial support for SMEs during this pandemic.

The French and German Governments have already worked to craft support that can help their startup ecosystems through the crisis. This three point plan outlines what needs to be done to protect Britain’s startup and high growth businesses:

  1. The Government needs to provide an equity based liquidity package suitable to save startups at risk. While the CBILS covers a proportion of UK businesses, the majority of startups and high-growth companies will be excluded and as a result, unsupported. Without support, thousands of startups will fold in the coming months. The Government should provide a fresh capital injection for startup and high growth businesses through an equity-based solution.

  2. The Government must fast track payments to startups from public funding schemes - in particular R&D tax credits and Innovate UK funding grants. Private sector liquidity has taken a major hit during the crisis with angels and micro-funds unable to provide startups and high growth businesses with bridging money. It is within the Government’s power to provide these companies with immediate liquidity by expediting the release of these funds.

  3. The Government must change EIS, SEIS and VCTs to stimulate private equity investment into startup and high growth businesses. Startups are in freefall as they have been left without any debt or equity support. They will need to be able to access more investment from existing investors through Government schemes. If companies and investors are going to recover from this time of great uncertainty, they need a much stronger incentive than currently exists.

The UK Government must act now to protect Britain’s entrepreneurial future so we do not lose a generation of startups and high growth businesses to COVID-19.

I, the undersigned, support the SOS Open Letter.

*Source: Beauhurst


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Founding partners

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Top 100 Signatories:

Darren Westlake - Co-founder & CEO, Crowdcube
Luke Lang - Co-founder, Crowdcube
Brent Hoberman - Executive Chairman, Founders Forum
Baroness Lane-Fox - Co-founder, Lastminute.com
Alex Chesterman - Founder & CEO, Cazoo; previously Co-founder LoveFilm and Zoopla
Arnaud Massenet - Co-founder, Net-a-porter
Mike Muller - Co-founder, ARM
Anthony Fletcher - CEO, Graze
Tania Boler - Founder, Elvie
Giles Andrews - Co-founder, Chairman, Zopa, MarketFinance, Bethnal Green Ventures
Guillaume Pousaz - Founder & CEO, Checkout.com
Louise Hill - Co-founder & COO, gohenry Ltd
Will Butler-Adams - Founder and CEO, Brompton Bicycle
Annabel Jack - Chief Commercial Officer, Made.com
Ines Ures - CMO, Deliveroo
Emily Bendell - Founder & CEO, Bluebella
Adam Dodds - CEO, Freetrade
Jorge Armanet - CEO Founder, HealthUnlocked
Jamie Ward - CEO, Hussle
Samuel O’Connor - CEO, Coconut
Peter Kelly - CEO, Imployable
Lee Strafford - CEO, ADV
Peter Behrens - Chief Commercial Officer, RateSetter
Emma Rogers - CEO, Little Bridge
Louise Palmer-Masterton - CEO, Stem + Glory
Amanda Baker - Co-founder & Mindful Hustler, Flamingo Punk
Aaron Simpson - Founder, Kindred.co
James Trezona, Co-founder, Rooster Punk
Caroline Norbury - CEO, Creative Industries Federation
Kirsty Ranger - CEO, IdeaSquares
Gem Misa - CEO, Fullgreen
Doug Monro - Co-founder & CEO, Adzuna
Jeff Lynn - Co-founder & Executive Chairman, Seedrs
Stephanie Melodia - Director, Bloom
Tugce Bulut - Founder, Streetbees
Saurav Chopra - Co-founder & CEO, Perkbox
Daniel Korski - Founder & CEO, PUBLIC
David Dunn - Chair, UK Tech Cluster Group
Philip Salter - Founder, The Entrepreneurs Network
Andrew Tibbitts, COO, TechHub Charlotte Crosswell - CEO, Innovate Finance
Robert Walsh - Managing Partner, Q Ventures
Jenny Tooth OBE - CEO, UKBAA
Jonathan Sibilia - Partner, Draper Esprit
Dom Hallas - Executive Director, The Coalition for a Digital Economy (Coadec)
John Spindler - Co-founder & CEO, Capital Enterprise
Mark Brownridge - Director General, EIS Association
Natasha Guerra - Co-founder, Runway East
Andy Fishburn - Managing Director, Virgin Startup
Russ Shaw - Founder, Tech London Advocates
Alex Davies - Founder & Chief Executive, Wealth Club
Bruce Davies - Director, UK Crowdfunding Association
Andrew Roughan - Managing Director, Plexal
Jasper Smith - Founder, Vala Capital
Gaby Hersham - Founder, Huckletree
Carlos Silva – Co-founder, Seedrs
Yacob Siadatan- CEO, Ventoura Ltd
Nazim Valimahomed - CEO, Kroo
Katie Vanneck smith - Co-founder, Tortoise Media
Adrian James - CEO, Monily
Paul Naha-Biswas - CEO, Sixley
Oliver Oram - CEO, Chainvine
Rohit Shetty - Co-Founder & CEO, ArtBrowser
Richard Cooper - Chief Executive Officer, Novosound Ltd
Sam Lehane - CEO, M.Y.O
David Murray-Hundley - Chairman, E fundamentals
Russell Quirk - Co-Founder, PropergandaPR
Silas Adekunle - CEO, Reach Industries
Matthew Bradley - CEO, Mjp technologies ltd
Charlotte Roach - CEO, Rabble
Ankush Bhatia - CFO, Hussle
Matt Latham - Co-founder, Tickr ltd
Joseph Crabtree - CEO, Additive Manufacturing Technologies (AMT)
Robert Wakeling - CEO, Wadaro Solutions Limited
Joe Sillett - CEO, The Funky Appliance Company
Mike Bristow - CEO, CrowdProperty
Mulenga Agley - CEO, Growthcurve LTD
Kim Nilsson - CEO & Founder, Pivigo
Martin Kievit - Co-founder, Metasite OpenCloud limited
Sam Ducker - Co-founder, Calling Anyone
Neha Khurana - CEO, The Legists
Matt Brooke - CEO, Meet.mba Limited
Manoj Ganapathy - CEO, SalesTrip
Adam McVicar - Co-founder, The Resilience Factor
Bikesh Kumar - CEO, Annexon
Ricky Shankar - Chairman, Clear Factor Limited
Sarah Merrick - CEO, Ripple Energy
Dan Wakerley - CEO, Pillar
Demos Demetriou- Co-founder, blazon
Eoin Cooney - CEO, ARROE Limited
Mattt Milligan - Co-founder, Uhubs
Suchit Punnose - CEO, Red Ribbon Asset Management Plc
Laurence Guy - CEO, We Are Pentagon Group
Fred Soneya - Co-Founder & Partner, Haatch
Dana Denis-Smith - CEO, Obelisk support
Neil Harmsworth - Chief Operating Officer, Hussle
Nigel Winship - Co-founder, People Matter Technology
Cathy Norbury - Co-Founder, InterAxS Global
Shadi Razak - Co-founder and CTO, CyNation
Hassan Bashir - Co-founder, HealthSteer
Dr Yusuf Vali - Co-founder, Healthsteer
Farid Haque - Co-founder, AssetVault
Brad Goodall - CEO, Banked
Dan McGuire - CEO, cube19
Gaute Juliussen - CEO, Toraphene
Mark Musson - CEO, Humn.ai Ltd
James Gupta - CEO, Synap
Mat Megens - CEO, Hyperjar
Jason Bullock - CEO, Numerous Technology
Tim Gentles - CEO, Hatriq
Marcus Greenwood - CEO, UBIO
Gary Mc Donald - CEO, Limitless Insight
Ryan Gralia - CFO, Fidel Limited
Darrell Coker - Co-founder & Head of Product, Flair
Inga Mullins - Co-founder Fluency
Ian Smith - CEO, Being Guided
Kevin Beales - CEO, Refract
Damian Goryszewski - CEO, Colossus Capital Ltd
Mark Milton - CEO, Amberlight Partners
Randel Darby - CEO, Airportr


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save our startups

© Save Our Startups. All rights reserved.

save our startups

Save Our Startups

A Campaign Powered by CROWDCUBE LIMITED

Privacy policy

We are Crowdcube Limited, a limited company registered in England and Wales under company number 07014587. For the purpose of data protection laws, we are the controller, and are responsible for your personal data (collectively referred to as “Crowdcube”, "we", "us" or "our" in this privacy policy).

Crowdcube respects your privacy and is committed to protecting your personal data. This privacy policy will inform you as to how we look after your personal data when you visit https://saveourstartups.co.uk/ (regardless of where you visit it from), and tell you about your privacy rights and how the law protects you. Please note that https://saveourstartups.co.uk/ (“the SOS Website”) is separate to Crowdcube’s main website crowdcube.com and there is a separate privacy policy you should read if you visit or use that site.

1. Important information and who we are

Purpose of this privacy policy

This privacy policy aims to give you information on how Crowdcube collects and processes your personal data through your use of this website, including any data you may provide through this website when you sign up to our newsletter or purchase a product or service from us.

We have appointed a privacy officer (PO) who is responsible for overseeing questions in relation to this privacy policy. If you have any questions about this privacy policy, including any requests to exercise your legal rights, please contact the PO using the details set out below.
It is important that you read this privacy policy together with any other policy or notice we may provide on specific occasions when we are collecting or processing personal data about you, so that you are fully aware of how and why we are using your data.

For the avoidance of doubt, this website is not intended for children under the age of 18 years old or individuals outside of the EEA. We do not knowingly collect data relating to such individuals.

Contact details

If you have any questions about this privacy policy or our privacy practices, please contact our PO by writing to us at the following address:

Crowdcube Limited
South Entrance,
Fourth Floor, Broadwalk House,
Southernhay,
Exeter, EX1 1TS

You can also contact us by emailing [email protected], or by calling 01392 241319.

You have the right to make a complaint at any time to the Information Commissioner's Office (ICO), the UK supervisory authority for data protection issues (www.ico.org.uk). We would, however, appreciate the chance to deal with your concerns before you approach the ICO, so please contact us in the first instance.

Third-party links

This website may include links to third-party websites, plug-ins and applications. Clicking on those links or enabling those connections may allow third parties to collect or share data about you. We do not control these third-party websites and are not responsible for their privacy statements or their handling of your data. When you leave our website, we encourage you to read the privacy policy of the websites you visit.

2. The data we collect about you

Personal data, or personal information, refers to any information about an individual from which that person can be identified. It does not include data where the identity has been removed (anonymous data).

We may collect, use, store and transfer different kinds of personal data about you that we have grouped together as follows:

  • Identity Data includes first name, last name, username or similar identifier, title, date of birth and gender.

  • Contact Data your email address.

  • Profile Data includes your feedback and survey responses.

  • Marketing and Communications Data includes your preferences in receiving updates from us and our third parties about SOS and your communication preferences.

We do not collect any special categories of Personal Data about you (such as details about your race or ethnicity, religious or philosophical beliefs, sexual orientation, political opinions, trade union membership, information about your health, and genetic and biometric data). Nor do we collect any information about criminal convictions and offences.

3. How is your personal data collected?

We only collect your personal data for the Save our Startups Campaign (“SOS”) where you enter it using the form on the SOS Website.

4. Lawful basis for processing

We only process your data (which may include providing it to a third party) where we have identified a valid lawful basis to do so. The valid lawful basis we rely on are as follows:

  • Consent - We will seek to obtain your consent to process your data.

5. How we use your personal data

We will use your personal data in the following circumstances:

  • To add your name to a petition for the purposes of supporting the SOS Campaign.

  • Where you agree, to add your name to the SOS Website showing your support for the SOS Campaign.

  • Where you agree to be contacted with further information abou the SOS Campaign, contacting you with that information.

Opting Out of Updates

You can ask us to stop sending you update messages at any time by following the opt out links on any update message sent to you.
Where you opt out of receiving these marketing messages, we will still process your personal data provided to us as a result of your use of our website, our services or other transactions.

Copies of data protection impact assessments or legitimate interest assessments we have undertaken are available on request by using the contact details set out at the start of this policy.

Cookies

The SOS Website does not use cookies.

6. Disclosures of your personal data

We will keep your information within the organisation except where disclosure is required or permitted by law, or when we use third party service providers (data processors) to supply and support our services to you. Where we use third party processors, we have contracts in place with our data processors. This means that they cannot do anything with your personal data unless we have instructed them to do so. They will not share your personal data with any organisation apart from us. They will hold it securely and retain it for the period we instruct.

We require all third parties to respect the security of your personal data and to treat it in accordance with the law. We do not allow our third-party service providers to use your personal data for their own purposes and only permit them to process your personal data for specified purposes and in accordance with our instructions.

Third-party marketing

We will not share your personal data with any third party for the purposes of third-party marketing.

7. International Transfers

Your data is stored by us and our processors in the UK, EEA or in a country where an adequacy decision has been made by the European Data Protection Board (EDPB) (e.g. EU-US Privacy Shield).

8. Your legal rights

Under certain circumstances, you have rights under data protection laws in relation to your personal data (though please note that your rights may be limited under certain circumstances). For example, you may have the right to:

Request access to your personal data (commonly known as a "data subject access request"). This enables you to receive a copy of the personal data we hold about you and to check that we are lawfully processing it.

Request correction of the personal data that we hold about you. This enables you to have any incomplete or inaccurate data we hold about you corrected, though we may need to verify the accuracy of the new data you provide to us.

Request erasure of your personal data. This enables you to ask us to delete or remove personal data where there is no good reason for us continuing to process it. You also have the right to ask us to delete or remove your personal data where you have successfully exercised your right to object to processing (see below), where we may have processed your information unlawfully or where we are required to erase your personal data to comply with local law. Note, however, that we may not always be able to comply with your request of erasure for specific legal reasons, which will be notified to you, if applicable, at the time of your request.

Withdraw consent at any time where we are relying on consent to process your personal data. However, this will not affect the lawfulness of any processing carried out before you withdraw your consent. If you withdraw your consent, we may not be able to provide certain products or services to you. We will advise you if this is the case at the time you withdraw your consent.

If you wish to exercise any of the rights set out above, please contact us using the details provided at the start of the policy.

What we may need from you

We may need to request specific information from you to help us confirm your identity and ensure your right to access your personal data (or to exercise any of your other rights). This is a security measure to ensure that personal data is not disclosed to any person who has no right to receive it. We may also contact you to ask you for further information in relation to your request to speed up our response.

Time limit to respond

We try to respond to all legitimate requests within one month. Occasionally it could take us longer than a month if your request is particularly complex or you have made a number of requests. In this case, we will notify you and keep you updated.

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© Save Our Startups. All rights reserved.