Originally written by Small Business Team on Small Business
When it comes to building and construction, safety is paramount. The slightest misstep or lapse of concentration can cause injury or even death. Just imagine the damage a crane operator can cause if they have a momentary lapse or close their eyes for just one second.
That’s the problem that Mathew Norbury and his team at FC Laboratories have been working on. FC Labs has been developing wearable brain imaging technology which can be worn on its own, with other headgear or implanted in a hardhat. This wearable technology tells the user if their attention is dropping or if they need to take a break.
And this kind of wearable brain imaging technology has lots of other applications as well, from NHS hospital staff being told that it’s time for them to rest through to currency traders in the City being alerted that their split-second judgement is below par.
FC Labs founder and CEO Mathew Norbury talks about why he felt it worthwhile entering the Start-Up Series competition even though his wearable technology was only at an early proof of concept stage, key milestones over the coming year, and why having mentorship is so
Tag Archive for Construction
Hot Business News Today
Winning the Start-Up Series – Mathew Norbury, FC Labs
by Small Business Team • • 0 Comments
Originally written by Small Business Team on Small Business
When it comes to building and construction, safety is paramount. The slightest misstep or lapse of concentration can cause injury or even death. Just imagine the damage a crane operator can cause if they have a momentary lapse or close their eyes for just one second.
That’s the problem that Mathew Norbury and his team at FC Laboratories have been working on. FC Labs has been developing wearable brain imaging technology which can be worn on its own, with other headgear or implanted in a hardhat. This wearable technology tells the user if their attention is dropping or if they need to take a break.
And this kind of wearable brain imaging technology has lots of other applications as well, from NHS hospital staff being told that it’s time for them to rest through to currency traders in the City being alerted that their split-second judgement is below par.
FC Labs founder and CEO Mathew Norbury talks about why he felt it worthwhile entering the Start-Up Series competition even though his wearable technology was only at an early proof of concept stage, key milestones over the coming year, and why having mentorship is so
Hot Business News Today
Government launches scheme to help fund small builders
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
Small builders are set for a boost as the government launches a scheme to fund home building developments.
The state-owned British Business Bank will make up to £1bn of guarantees available to banks that that lend to small builders. This will reduce the amount of capital these banks are required to hold against such small builder finance, encouraging additional lending to smaller developers.
The chancellor pledges to help small and medium-sized builders in last autumn’s budget in an effort to hit the 300,000 new homes every year.
The BBB has struck deals with specialist lenders to help with small builder finance, but this is the first time a dedicated scheme has been set up for the industry.
ENABLE Build is a new variant of the BBB’s existing ENABLE guarantee programme, which takes on a portion of the lender’s risk on a portfolio of loans to smaller businesses, in return for a fee.
The scheme is open to applications from banks where at least 80pc of the loans are to developments in England. (Housing policy in Scotland, Wales and Northern Ireland is developed to their governments.)
The proportion of homes put up by small builders has halved since the late
Hot Business News Today
Closing the gender gap: more women are showing interest in male-dominated courses
by Anna Jordan • • 0 Comments
More women are looking into courses which are typically male-dominated, according to new research. A study from online training course provider, findcourses.co.uk, shows the traditional industry gender splits, which indicated more employees of one sex than the other in certain roles, are significantly changing. By analysing the number of men and women researching its training
The post Closing the gender gap: more women are showing interest in male-dominated courses appeared first on Small Business.
Hot Business News Today
Construction sector urged to create more apprenticeships
by Ben Lobel • • 0 Comments
For one in six people (16 per cent), it took more than three weeks to find a suitable tradesperson, while 13 per cent say it took up to two weeks. Almost a quarter (24 per cent) had to search for a week to get someone on board, according to a study by IronmongeryDirect. Two thirds of respondents noticed a
The post Construction sector urged to create more apprenticeships appeared first on Small Business.
Hot Business News Today
Why late payment hits the construction sector hardest
by Ben Lobel • • 0 Comments
The Asset Based Finance Association (ABFA) says UK businesses now face an average wait of 61 days; just a 2 per cent increase from 60 days last year, putting into perspective the problems facing construction in regard to late payment. But the organisation points out that the construction sector has a particularly long supply chain which includes many small and medium-sized
The post Why late payment hits the construction sector hardest by Ben Lobel appeared first on Small Business.