UK Start-Ups Want To Stay In Europe

CrowdNight Concert

We are running the risk, with apologies, of  boring our readers and users senseless with yet more on the Brexit question. If you aren’t bored of Brexit now, you probably will be in three months’ and three-and-a-bit weeks’ time. Nevertheless, it is important – and so we run this by our friends and colleagues at the crowdfunding intelligence platform, Another Crowd*.

“Britain’s start-up entrepreneurs value our membership of the EU and will be voting ‘Remain’ in the referendum, according to a [recent] survey,” writes Another Crowd.

“The survey was conducted by Coadec(link is external), the Coalition for a Digital Economy, which was founded by tech entrepreneurs and  campaigns for government policies that support digital start-ups and help them contribute to the UK’s economic growth.

“The sample size was 175, including 126 start-up founders and 19 investors. (We’d like to hear more from investors on this subject, if anyone’s polling in that area.) 81 percent of respondents (138 people) said the UK should remain a member of the European Union.

“We thought it was interesting that when asked about the Prime Minister’s ‘negotiations’, 71 percent (121 people) said that Mr. Cameron’s work to secure better terms for the United Kingdom had no effect on their voting intentions.

“Maybe our relationship with Europe isn’t broken, and doesn’t need fixing.”

Nicola Horlick, Money&Co.’s CEO, believes that staying in Europe is the only sensible option for businesses, both large and small, and the UK in general to take in June: “There are all sorts of compelling reasons we must stay in the EU,” she says. “It’s not just the incredible expense and difficulty of negotiating an exit and new trade treaties, but the positive benefits of being at the heart of a huge trading bloc, and influencing policy from within, from a position of strength. In the long term, we need a strong Europe to be able to compete with the competitive pressures that the United States and, increasingly, China and other rising Asian powers will exert.”


Our pipeline promises some very exciting new deals this month – yes, this month! Potential lenders should be mindful of the risks associated with P2P (see FAQs) as well as the good returns to be had:See here the latest of several articles (links to earlier pieces are embedded in this one). Our lenders have achieved an average gross return of over 9 per cent since we began facilitating loans in April 2014.

Entrepreneurs and SMEs looking to borrow from Money&Co. should click here. Facts and tips about crowdfunding in general are available by reading our knowledge hub, here.

To learn more about getting good returns on capital potential lenders should click here.Remember, when lending your capital is at risk – please read the warnings on our Home, Lend and Frequently Asked Questions pages.

* Martin Baker, Money&Co.’s director of communications, is editorial director of Another Crowd. He is not the author of the cited Another Crowd article.


Search news

You may put double quotes around your search to search for literals. Max. 4 words inside quotes (dashed words count as one word).

Allowed symbols: " ' & -

More from news

Disclaimer: Money&Co.™ is the trading name of Denmark Square Limited, Company Number 08561817, registered in England & Wales, authorised and regulated by the Financial Conduct Authority (FCA). The company is identified on the Financial Services Register under Reference Number 727325. The registered office is 58 Glentham Road, Barnes, London, SW13 9JJ where the register of Directors may be inspected. Denmark Square Limited (ISA manager reference number Z1932) manages the Money&Co. Innovative Finance ISA.