New EU VAT Regs on Digital Products are Madder than a UKIP Eurovision Party

ultimateweb 2014The EU are trying to stop multinational companies like Amazon and Google avoiding VAT by locating in low-VAT countries like Luxembourg. New regulations which take effect on 1st Jan 2015 require firms selling digital products to charge VAT in the country of sale rather than their own local country but the sting in this policy is that it applies not only to the massive firms but also to the microcompanies, sole traders and startups which often drive innovation.

Bank of TMC Growth Grants

Details of The Bank of TMC’s new grant programme for existing businesses that deliver products or services for young people…


Grants for Established Businesses


The aim of the fund is to provide financial assistance to help to grow your business. Growth grants from £500 – £1,500 are available to improve your businesses performance.


Who can apply?

For the purposes of the project we are keen to hear from small businesses that currently deliver or are seeking to develop products and/or services to young people aged 0 -25.


Your business will be eligible for an existing business grant if it meets the criteria set out below. In order to be considered for support under this programme, you must be able to demonstrate that:


  • Your business is located or delivering products and / or services in the city of Leicester
  • You have been trading for a minimum for six months
  • You are providing or developing a product or service to children and young people aged 0 – 25 at the time of your application for support
  • Committed to increasing turnover
  • Able to contribute a minimum of 45% private investment towards the total project costs requested


More information on the Bank of TMC can be found on our website


If you have any queries or need help with the form please contact Rob Aitken, the Bank of TMC Manager on 01162616834 or


About the Bank of TMC


The Bank of TMC is a business start-up and business growth initiative that provides individuals and businesses with tailored advice and support.


The Bank of TMC offer is part funded by the European Regional Development Fund and is currently offered to young people in Leicester City and now open to all businesses providing a product or service to children and young people in the city.


The priority programme objectives are:

  1. To increase business turnover and/or business performance
  2. To create new jobs
  3. To improve environmental impact and sustainability – Web Developer Leicester Job

To complement its rapid growth, a rare opportunity is available for an experienced Web Developer to join a market leader in cloud based feedback solutions. Based in Leicester City Centre, the successful Web Developer will earn £35,000 – £50,000 depending on experience and a will receive a full benefits package.

Start Up Cafe at University of Leicester, Tues 9 Dec

University_of_Leicester_Logo_ShieldThere will be entrepreneurs, including local business leaders, academics and graduates running a business, to network with. Whether you are a university student or are from the local business community it would be great if you could join us, so please book your place.

BCS Leicester: Digital Forensics and the Way Forward, Oct 15th


Andrew Jones, Visiting Professor to Cyber Security Centre at De Montfort University will look at the way in which digital forensics is currently undertaken and the changes that will have to be made to meet the demands of the future. The increasing pace of change and the advent of mobile technologies, Cloud computing, the Android operating system, solid state technologies and the increased size of random access memory and storage media all place requirements on the methods and tools that are used in digital forensic investigations.

Code Club’s First Ever Leicester Meetup

News of another great opportunity to get kids interested in coding…

Code Club is a national not-for-profit organisation that runs and supports after-school coding clubs for children aged 9 – 11. Our unique approach is to take volunteers with programming backgrounds and put them in touch with local primary schools, so that they can use free materials from Code Club to inspire the next generation to get into coding.

We currently have Code Clubs running in 17 schools in the Leicester area and are holding a meetup to bring these schools together and also welcome new schools who are interested in running a Code Club, or potential volunteers who are would like to find out more about what is involved.

The event takes place on Thursday 27th November from 7 – 8.30pm at the Phoenix Centre in Leicester, and is completely free, with refreshments provided. More information is available here: and there’s a lot more information about Code Club at

Volunteering with Code Club is a rewarding and challenging experience. Why not come along and hear for yourself? If you have any questions, please get in touch with me at

Katharine Childs
East Midlands Regional Co-Ordinator

See Inside DMU Innovation Centre’s New Co-Working Space

A substantial part of the ground floor of DMU’s Innovation Centre has been converted into an exciting new co-working space for startups with room for events and a communal kitchen.

Attendees of tomorrow’s Open Coffee (10am, Weds 19th Nov) will be the first people to use the space which will be open from 9am to 5pm weekdays starting tomorrow.

For more details about the co-working space, contact Simon Baines at

One end of the room has been configured for tomorrow’s presentation:-
DMU innovation cafe 1

Innovation Centre Manager Simon Baines shows off the main co-working area:-
DMU innovation cafe 2

The communal kitchen/cafe area:-
DMU innovation cafe 3

Open Coffee Opens DMU’s New Co-Working Space

This week’s Open Coffee, Wednesday 19th Nov at 10am, will be the inaugural event at De Montfort University Innovation Centre’s new Co-Working space. Come and have a look around the new venue and hear Sarah Cochrane share her experience of the TechStars Accelerator programme.

The Innovation Centre at De Monfort University is a beacon for innovative thinking; sharing, championing and showcasing entrepreneurial creativity from a community encompassing De Montfort University’s students, staff and graduates together with innovative local start-up businesses.

Built around an inspiring, supportive community, the Innovation Centre provides a single point of access to a broad range of specialist contacts and resources that enable enterprising people to develop, launch and grow exciting new ideas into successful commercial ventures.

Next year, The Innovation Centre at De Montfort University will officially launch its new Co-Working cafe space, which has been designed as a fully flexible space in which students, graduates, academics, staff, Innovation Centre tenants and the local start-up community can work side-by-side, free of charge.

Whilst the space won’t be officially finished and opened until 2015, it will be available for use from Wednesday, 19th November between the hours of 9am and 5pm. For more details contact Simon Baines at

Open Coffee: Techstars Accelerator, Weds 19th Nov at DMU

Sarah Cochrane: Techstars Accelerator Programme

Sarah Cochrane is a Techstars acceperator programme alumna now living in the Midlands, who co-founded vetinary healthcare startup VetCloud which was part of the Techstars London class of 2013. Sarah will describe what she learnt from the Techstars programme, and how it’s helping her in her current job.