Recession strategy, recycling startups boom, better board meetings – TechCrunch

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10 tips for running an effective board meeting

Lots of hands raised and giving a thumbs up

Image credits: Alvarez (Opens in a new window) / fake images

Board meetings are a great opportunity to solicit information and recommendations from investors, but unless each session has a consistent format that presents relevant data, they won’t create much value, says Yousuf Khan, a partner at Ridge Ventures.

In a TC+ post, he shares several tips for running more effective board meetings, including a tip many founders overlook: spotlight your top contributors.

“Many employees who don’t have regular opportunities to interact with the board of directors find it a great career boost to receive direct, face-to-face credit for a major accomplishment,” writes Khan.

“Bring in the person who is best equipped to talk about the success story and make room for them on the agenda.”

Black founders are seeing a decline in funding amid economic downturn

Image of three stacks of coins with blocks on top with arrows pointing down

Image credits: patpitchaya (Opens in a new window) / fake images

As business volume continues to contract, underrepresented founders are disproportionately affected.

In the second quarter of 2022, Crunchbase reports that venture capital funds directed $324 million to Black startups, compared to $1.2 billion in the first quarter, “and substantially down from the $866 million that the cohort of founders raised in the second quarter of last year,” reports Dominic-Madori Davis.

“It’s not surprising that when the company tightens its belt we are the first to get pinched,” said Marceau Michel, founder of Black Founders Matter and 25 by 25 Pledge.

Founders of recycling startups say the pandemic changed the investment game

The founders discuss their recycling startups at TC Sessions: Climate 2022.

Image credits: TechCrunch

Have supply chain disruptions from the pandemic changed the state of the game for cleantech companies?

Last week at TC Sessions: Climate 2022 in Berkeley, three founders of recycling-related startups spoke with Tim De Chant about the factors driving new investor interest after several lean years.

  • Megan O’Connor, Co-Founder and CEO, Nth Cycle
  • Matanya Horowitz, Founder and CEO of AMP Robotics
  • Miranda Wang, Co-Founder and CEO of Novoloop

UK sprawls should test their business plans to HMRC ahead of a slow, hot summer

poodle made from a balloon and a cactus;  preparation of business plan for HMRC

Image credits: ThomasVogel (Opens in a new window) / fake images

In the UK, HM Revenue & Customs operates multiple venture capital programs that support investment in early stage start-ups.

Some businesses may qualify for up to £150,000 under the Seed Business Investment and Business Investment Schemes (SEIS and EIS), but applying is “not a simple business”, writes Anthony Rose, co-founder and CEO of SeedLegals.

To help entrepreneurs prepare for the rigorous application process, he shares several tips that will help “test your business plan to the HMRC test” by showing the tax authority that you have “a strategy for success”.

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