Intelligent SME.tech Issue 38 | Page 6

// LATEST UPDATES //

Free government-funded commercial property advice service launched for London SMEs
The new UK government funded Property Advice Service has launched to support SMEs with commercial property related issues across all London boroughs until March 2025 .
The free one-stop-shop service is providing in-person and online advice for small and medium sized enterprises , micro-businesses and solopreneurs who are struggling with issues such as re-negotiating leases , paying rent arrears , the new energy efficiency rating and business rate relief schemes .
For the next 18 months , ventures across Greater London with a turnover of under £ 44 million can register to participate in a range of webinars , advice sessions and workshops . The Property Advice Service also signposts business owners to the resources which are most relevant to them and their situation .
Delivered by London Business Partnership , international property consultants Gerald Eve and the University of Law , the service aims to enable SMEs to grow whilst occupying commercial offices and retail or other workspaces .
InterLnkd secures £ 1 million investment to fuel growth and innovation
InterLnkd , an intelligent shopping mall partner for the travel industry , has announced it has raised £ 1 million in seed funding to accelerate its growth and international expansion .
The funding round was led by Vanneck , with participation from other angel investors . The company says the new funding will be used to launch a series of functionality and design enhancements , as well as to support its expansion into other regional markets .
InterLnkd ’ s intelligent matching engine enables travel sellers to earn a new and free revenue stream by tapping into their customers ’ shopping habits across fashion , beauty and essentials .
Barry Klipp , Chief Executive Officer of InterLnkd , said : “ This new round of investment marks a pivotal moment for InterLnkd . It not only validates our mission to help the travel industry capitalise on a new and free stream of ancillary revenue , but also empowers us to deliver an even more tailored experience to our partners and their customers .”
Harmonic Security launches to help organisations use Generative AI safely
Harmonic Security has launched to help organisations use Generative AI safely – without compromising their data . Some 8,400 Generative AI apps are now available and a Gartner study has found that 55 % of firms are piloting or using Generative AI .
The majority of apps are unregulated with unclear policies on how data will be used , where it will be transmitted to or how it will be kept secure . It puts companies at risk from ‘ shadow AI ’ – employees using these apps either with or without company permission to achieve productivity gains , at the cost of surrendering data and intellectual property .
Harmonic Security addresses these challenges . Jointly headquartered in London and
San Francisco and founded by CEO , Alastair Paterson , and CTO , Bryan Woolgar- O ’ Neil , the company is backed by US $ 7 million in seed funding led by Ten Eleven Ventures , with participation from Storm Ventures and 14 other private investors .
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