SMALL BUSINESS TRENDS

Announcement of Exclusive Cyber Security Partnership by Avast and Enterprise Nation to Support 500,000 UK SMBs

Enterprise Nation, Avast | June 16, 2021

Today a global leader in digital security and privacy, Avast announced a partnership with Enterprise Nation, the UK’s fastest-growing small business network and business support provider. This partnership will make Avast an exclusive cybersecurity partner for the national network.The partnership will deliver key cybersecurity resources and training for more than half a million UK small businesses, this will enable them to operate securely and grow in today’s digital economy.

This nationwide partnership will help both small and mid-sized business owners protect their employees, brands, and customers from online threats.Avast is committed to working with Enterprise Nation to support SMBs by providing them with the tools, resources, and insights they need to optimize their digital possibilities.

The partnership will provide bespoke support through a range of e-learning modules, national events, and tailored training, including Enterprise nation’s initiatives such as:
• Entrepreneurial Women: training 20,000 founders on money management, digital skills, and confidence
• Enterprise Local: monthly meetups taking place in 40+ locations, led by Local Leaders.
• Plan It with Purpose: helping 10,000 business owners implement sustainable practices.
• Hello World: helping online retailers securely increase sales and trade while developing a hybrid high street sales model

About Enterprise Nation
Enterprise Nation is the UK’s leading small business network and provides business support delivering support to more than 50,00 small businesses every month. Enterprise Nation was founded by Emma Jones. It aims to help people through expert advice (including a comprehensive resources library), acceleration support and networking, events. It launched two high-profile business support initiatives in 2020, are Amazon Small Business Accelerator and the Recovery Advice for a Business scheme which aims to support thousands of small firms.

About Avast
Avast (LSE:AVST), a FTSE 100 company, is a global leader in privacy and digital security. Avast offers products under AVG brands and Avast to protect people from threats on the internet and the evolving loT threat landscape. The threat detection network of Avast is one the most advanced in the world, using artificial intelligence technologies to detect and stop threats in real-time and machine learning. Digital security products provided by Avast for Mobile, PC, or Mac are top-ranked and certified by AV-Comparatives, VB100, AV-Test, SE Labs, and others. Avast is also a member of No More Ransom, Coalition Against Stalkerware, and the Internet Watch Foundation.

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Top 20 best small business ideas for beginners in 2017. Start a small business with low cost capital investment in 2017. Also, Subscribe our young entrepreneurs channel for more business ideas in future. Before choosing any business, you need to identify your passion. If you don't find your passion then, these all top 20 small business ideas for beginners are worth less. There are many filed you can choose for starting a small business as beginner.


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TECHNOLOGY

CIO Strategy Council and CyberCatch Launch Comprehensive, Cost-Effective Cybersecurity Solution Designed to Help Small and Medium-Sized Organizations

CyberCatch | March 30, 2022

CIO Strategy Council and CIO Strategy Council Member, CyberCatch, today jointly announced the launch of CAN/CIOSC 104 Compliance Manager, a comprehensive, cost-effective cybersecurity Software-as-a-Service (SaaS) solution for SMOs. CAN/CIOSC 104 is Canada's National Standard for Baseline Cyber Security Controls for SMOs. The Standard was published by the CIO Strategy Council with support from Standards Council of Canada (SCC) to help SMOs in Canada improve their cyber posture. The CIO Strategy Council is accredited by SCC and develops national standards for the digital economy to help propel Canada as a digital-first nation. "The Government of Canada recognizes that cybersecurity plays an integral role in building trust with consumers and keeping Canadian businesses competitive," said the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry. "With cyber attacks on the rise, this new solution will support ISED's CyberSecure Canada program and our commitment to helping smaller businesses across Canada secure their systems and data to succeed in today's digital economy," continued Minister Champagne. "SMOs have limited resources and generally don't know what cybersecurity controls to implement or how to implement in order to be secure from cyber threats," said Keith Jansa, Executive Director, CIO Strategy Council. "We are pleased to have published CAN/CIOSC 104 in collaboration with Standards Council of Canada and Innovation, Science and Economic Development. The national standard is specifically tailored for SMOs and prescribes up to 55 cybersecurity controls to mitigate cyber risk while operating successfully in the digital world," continued Jansa. The CAN/CIOSC 104 Compliance Manager is a state-of-the-art cybersecurity SaaS solution, powered by CyberCatch, for SMOs in Canada to quickly and easily comply with CAN/CIOSC 104 and stay safe from cyber threats. The solution comprises of a tool-set to implement the necessary cybersecurity controls, with the help of a team of industry-leading cybersecurity experts. It also provides training to all employees and automatically and continuously tests controls to make sure there are no security holes for attackers to exploit and break in and steal data or infect ransomware. "The cloud-native platform solution makes it easy and inexpensive for SMOs to comply with CAN/CIOSC 104 and maintain compliance and security. Also, a team of industry-leading cybersecurity experts guide the SMOs to success. SMOs in Canada are definitely vulnerable. For example, the Small and Medium-Sized Businesses Vulnerabilities Report (SMBVR) revealed that 84% of SMOs in Canada are vulnerable to "spoofing" and can easily be attacked digitally. Our mission is to protect SMOs from cyber threats so they can be safe, thrive digitally and grow the economy." Sai Huda, founder, chairman and CEO, CyberCatch "We have been in business since 1912. We are now in a digital world and cyber threats are real. The CAN/CIOSC 104 Compliance Manager is a must-have so we can be safe from cyber threats and continue to be successful. Highly recommend the solution," said John Lake, Owner, Porcupine Advance Printers. "The CAN/CIOSC 104 Compliance Manager is a comprehensive and highly effective cybersecurity solution. Highly recommend it to any business to stay safe from cyber threats," said Arjun Grewal, CEO, Ventus Respiratory. About CIO Strategy Council The CIO Strategy Council is Canada's national forum that brings together the country's most forward-thinking chief information officers and executive technology leaders to collectively mobilize on common digital priorities. Cutting across major sectors of the Canadian economy – public, private and not for profit – the Council harnesses the collective expertise and action of Canada's CIOs to propel Canada as a digital-first nation. The CIO Strategy Council is accredited by the Standards Council of Canada and develops standards that support the data-driven economy. About CyberCatch CyberCatch is a unique cybersecurity Software-as-a-Service (SaaS) company that protects small and medium-sized businesses (SMBs) from cyberattacks by focusing on the root cause why SMBs fall victim: security holes. It provides an innovative cloud-based SaaS platform coupled with deep subject matter expertise to help SMBs implement just the right type and amount of cybersecurity controls. The platform then performs automated testing of controls from three dimensions: outside-in, inside-out and social engineering. It generates the Cyber Breach Score to continuously measure cyber risk, and finds security holes and guides the SMB to fix them promptly, so attackers can't exploit any missing or broken controls to break in and steal data or infect ransomware. CyberCatch's continuous value proposition: Test. Fix. Secure.

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TECHNOLOGY

Tingo Inc. Partners with ITScope to Build a Digital Portal for Small and Medium Enterprises

Tingo Inc. | January 13, 2022

One of the most important advantages of the internet is making the world a global village. This has revolutionized how people learn, work, buy and sell, love, and experience things with others. While businesses of all sizes are already leveraging the many advantages, many are still left out or not exploring it to its full potential. A new online portal, the Integrated Micro, Small & Medium Enterprise (iMSME) ecosystem is being developed to close this gap. iMSME will be a portal open to businesses of all sizes, with a focus on SMEs, designed to facilitate communication among businesses and to build relationships with potential partners, clients and customers. The portal is a product of a partnership endeavor between business solutions company, ITScope Consulting, a technology and communications company, Tingo Inc., the parent company of Tingo Mobile PLC, Africa’s leading agri-fintech company, and the federal government of Nigeria through the Small & Medium Enterprises Development Agency of Nigeria (SMEDAN), an establishment charged with the responsibility of stimulating, monitoring and coordinating the development of the micro, small and medium enterprises sub-sector. "The iMSME portal will foster economic growth and development of all micro small and medium enterprises (MSMEs) in Nigeria when deployed. I urged MSMEs to leverage the portal to grow their businesses. The iMSME portal is a real-time integrated ICT platform designed to provide a digital solution to most of the problems faced by MSMEs in Nigeria." – Dr. Dikko Umaru Radda, Director General SMEDAN This portal is expected to make business processes more intuitive and enable businesses of all sizes to benefit from a growing ecosystem. “The iMSME portal in conjunction with SMEDAN is the sustainable catalyst that will transform the entire hitherto unorganized informal sector in Nigeria, which makes up 50% of our GDP, into a functional ecosystem that opens talented indigenous entrepreneurs to efficient, affordable online business development services, enhance logistics support for small businesses and increase access to markets not just within Nigeria but regionally and across Africa.” – Obinna Amuchienwa, Chairman ITScope ITScope Consulting will be serving as the central clearinghouse for verified businesses operating in Nigeria, which will be registered on the portal, and Tingo, Inc. will serve as a technology partner. “We are delighted to work with SMEDAN and ITScope to deliver this important platform, which will assist in delivering increased and sustainable economic growth in Nigeria and across Africa. “When I started my business over 20 years ago, some of the biggest challenges I faced were identifying and connecting with the best partners to deliver strategic goals and to efficiently engage with these partners and customers on a day-to-day basis. The iMSME portal allows entrepreneurs and business of all sizes to connect, engage and do business. This increase in efficiency will lead to a more prosperous economy for Nigeria and across Africa as the platform grows. This partnership highlights our commitment to fostering a sustainable, digitally led economy that supports entrepreneurs and business across Africa.” – Dozy Mmobuosi, CEO Tingo, Inc. The portal aims to revolutionize many of the processes of businesses of all sizes and across multiple sectors of the economy. A key feature of the portal is MyQ, an appointment scheduling system that allows businesses autonomy to control how partners and clients book appointments, thereby reducing cost while also increasing efficiency. Another feature that will do this is i-Chatbot, which allows businesses to automate the customer contact matrix, at a fraction of the cost of employing support staff, providing fast and business-specific answers to frequently asked questions. There will also be an e-Wallet to serve as escrow to protect both buyers and sellers on the platform. This is in addition to microloans and grants that can be electronically set to allow only pre-approved payments. The vision is to create an effective payment management system for these businesses. This will be delivered by Tingo, which already operates a mobile wallet, Tingo Pay, used by over nine million customers. One use case envisioned by Tingo is to facilitate a connection and communication between a wheat farmer, flour mill and baker, enabling them to easily discover each other, place orders, make payments, insure the transaction and complete logistics, all verified and guaranteed via the central clearing authority. “With iMSME, we intend to use technology in driving economics of scale to reduce costs for our MSME partners, thereby allowing us to achieve key goals of the SMEDAN mandate: Promoting and facilitating development programs, instruments and support services to accelerate the development and modernization of MSME operations. Serving as vanguard for rural industrialization, poverty reduction, job creation and enhanced livelihoods. Linking MSMEs to internal and external sources of finance, appropriate technology, technical skills as well as to large enterprises.” – Ajibola Edwards, Director ITScope Through the portal, businesses can curate targeted advertising of products and services to drive awareness and increase sales. iMSME users will also benefit from several other features – more than connecting with customers, clients and other businesses on the portal, they will also have access to business services like CAC registration, Tax Identification Number registration, Group Insurance, Pension Management, and even access to a digital support suite that can help small businesses scale tech support. iMSME is bringing over 2.5m verified business under a central repository with the potential to fully onboard 41m businesses over the lifetime of the ten-year agreement.

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FINANCE

River City Federal Credit Union Enhances Small Business Lending for Financially Underserved, Supported by Compliance Systems, Hawthorn River and IMM

Compliance Systems | May 11, 2022

Compliance Systems, the financial industry’s leading provider of modern digital and dynamic compliance documentation, announced that River City Federal Credit Union has selected Compliance Systems to automate and streamline its lending processes with embedded compliance. Compliance Systems is working with Hawthorn River and IMM to provide the credit union with a digital-first banking platform at no cost for its employees and members, including local businesses and community organizations.San Antonio, TX-based River City FCU is certified as a Community Development Financial Institution (CDFI) and is a designated Juntos Avanzamos credit union. The organization is committed to providing safe, affordable financial services and products to everyone, including communities that have been historically underserved and are financially vulnerable. During the pandemic, River City FCU identified a gap in small-business lending in financially underserved communities and sought to provide a more inclusive process. “Like many financial institutions in our community, we have passed along small business lending opportunities because we didn’t have the compliance capabilities to process loan transactions, As financial institutions increasingly focus on serving the underserved, they must consider investing in technology to address the needs of small businesses. By partnering with Compliance Systems, Hawthorn River and IMM, we are now able to stand behind our mission of 'people helping people,' providing seamless access to loans to the most vulnerable businesses in our community.” -Jeff Ivey, president and CEO of River City FCU. With help from Compliance Systems, the credit union now has the technology to automate compliance processes for business lending, generating documents faster and boosting turnaround rates for quicker funding. In collaboration with Hawthorn River and IMM the credit union is also able to eliminate disjointed technologies and error-prone spreadsheets, get its bankers a more efficient lending solution that addresses complex operational issues, and provide an enhanced, more modern e-signature experience that reinforces members’ trust in their financial institution. “Enabling community financial institutions like River City FCU to help connect financial services to groups who are often underserved is one of the reasons we built our innovative compliance technology. River City FCU is highlighting a need for credit unions to rethink business lending and community engagement, and we are proud to work with them to make our solution available to them at no cost. Credit unions that continue expanding their digital strategies will be the ones to not only maintain a central role in their communities but also build and maintain relationships with members that otherwise may have been left behind,” -Chris Appie, president of Compliance Systems. About IMM For 25 years, IMM has been the premier provider of eSignature and Digital Transaction solutions designed exclusively for financial institutions. Today, more than 1,500 banks and credit unions use IMM’s eSignature and Digital Transaction Management solutions across the Institution to elevate consumer experiences while streamlining back-office processes in a comprehensive, end-to-end digital processing environment. About Hawthorn River Hawthorn River is community banking software designed by community bankers. From streamlining the end-to-end lending process to automating specific steps along the way, Hawthorn River helps community banks increase productivity, reduce regulatory risk and elevate the borrower experience. For more information, please visit www.hawthornriver.com. About Compliance Systems Compliance Systems is the financial industry’s leading provider of digital and dynamic compliance content. Its technology effectively enables deposit, IRA, and loan transactions with configurable content that supports business flexibility and operational efficiency. With more than 29 years’ experience with financial documentation, Compliance Systems supports more than 1,500 banks and credit unions. For more information, please visit www.compliancesystems.com.

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TECHNOLOGY

Vodafone Business and RingCentral Bring Flexible Cloud Communications Solutions to Organisations

Vodafone Business | February 04, 2022

Vodafone Business and RingCentral Inc., a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact centre solutions, today unveiled ‘Vodafone Business UC with RingCentral,’ a powerful new communications platform that brings together RingCentral’s flagship offering RingCentral Message Video Phone™ (MVP™) with Vodafone’s mobility and 5G capabilities to give customers more choice, flexibility, and simplicity when it comes to workforce collaboration and remote working. Vodafone Business UC with RingCentral will be rolled out in the UK, Germany, Hong Kong, Italy, Portugal, Singapore, Spain, and Sweden. The way people work and collaborate has changed. There is an increased focus on enabling people to work from anywhere. To support hybrid work, companies need a secure, reliable, and flexible cloud communications platform. Bringing together Vodafone Business’ mobile first approach, global brand, reach, and scale with RingCentral’s deep Unified Communications as a Service (UCaaS) and Contact Centre as a Service (CCaaS) expertise, Vodafone Business UC with RingCentral combines all preferred modes of communication including team messaging, video meetings, and cloud phone into a single intuitive app that is accessible on any device, anywhere. “As businesses adapt to a disruptive and changing environment, they need to become more automated and agile in their way of working. Bringing technologies together that work in sync, connecting people, processes and information for faster decision making, will be critical. Vodafone is committed to supporting the digital journeys of companies big and small, so we’re pleased to be working with RingCentral to support this move and help organisations become fit for the future.” Giorgio Migliarina, products and services director at Vodafone Business Providing businesses with an effective way to move their existing legacy infrastructure to the cloud, the platform is highly secure and robust and offers an expanded portfolio of next generation unified communication and collaboration capabilities including team messaging, HD video meetings, and calling. Homayoun Razavi, Chief Business Development Officer at RingCentral said: “Enterprises today have growing global communications needs to meet the ever-evolving demands of their mobile and distributed workforce—from servicing global customers to expanding their global talent pool. Combining RingCentral’s industry-leading cloud communications with Vodafone’s leadership in mobility, 5G, and international connectivity unlocks new ways for companies to grow and run their businesses. Our open platforms and joint innovation are paving new paths to productivity and engagement around the world.” All features can be run standalone or integrated with various business applications, including Microsoft 365, leading Customer Relationship Management (CRM), Enterprise Resource Planning (ERP) and Helpdesk services – ensuring everything works in sync. In addition, Vodafone Business UC with RingCentral includes real-time and historic analytics, extensive call management, and team collaboration and task management capabilities, which will be available to larger businesses. Vodafone Business plans to expand the platform to smaller businesses in the UK and Germany soon. About Vodafone Unique in its scale as the largest pan-European and African technology communications company, Vodafone transforms the way we live and work through its innovation, technology, connectivity, platforms, products, and services. Vodafone operates mobile and fixed networks in 21 countries, and partners with mobile networks in 52 more. As of 31 December 2021, we had over 300m mobile customers, more than 28m fixed broadband customers and over 22m TV customers. Vodafone is a world leader in the Internet of Things (IoT), connecting more than 142m devices and platforms through innovation that aligns with the aspirations of society for cleaner and safer cities, better transport, and improved agriculture. Vodafone’s digital leadership is also changing how governments deliver healthcare and education, and how businesses, particularly Small and Medium Enterprises (SMEs), serve customers. We have revolutionised fintech in Africa through M-Pesa, which celebrates its 15th anniversary in 2022. It is the region’s largest fintech platform, providing access to financial services for more than 51m people in a secure, affordable, and convenient way. Our purpose is to connect for a better future, enabling an inclusive and sustainable digital society. We are taking significant steps to reduce our impact on our planet by becoming net zero by 2040, purchasing 100% of our electricity from renewable sources in Europe and across our entire operations by 2025, and reusing, reselling or recycling 100% of our redundant network equipment. Vodafone proactively works to expand access to connectivity for rural communities, students, and jobseekers. For more than 30 years, Vodafone’s Foundation has supported communities in Europe and Africa in the areas of health, education, and equality. We support diversity and inclusion through our maternity and parental leave policies, empowering women through connectivity and improving access to education and digital skills for women, girls, and society at large. We are respectful of all individuals, irrespective of race, ethnicity, disability, age, sexual orientation, gender identity, belief, culture, or religion. About RingCentral RingCentral, Inc. is a leading provider of cloud Message Video Phone™ (MVP™), customer engagement and contact centre solutions for businesses worldwide. More flexible and cost-effective than legacy on-premise PBX and video conferencing systems that it replaces, RingCentral empowers modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, any device, and any location. RingCentral’s open platform integrates with leading third-party business applications and enables customers to easily customise business workflows. RingCentral is headquartered in Belmont, California, and has offices around the world.

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Spotlight

Top 20 best small business ideas for beginners in 2017. Start a small business with low cost capital investment in 2017. Also, Subscribe our young entrepreneurs channel for more business ideas in future. Before choosing any business, you need to identify your passion. If you don't find your passion then, these all top 20 small business ideas for beginners are worth less. There are many filed you can choose for starting a small business as beginner.

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