Introducing the Becon Economy
by Startacus Admin
Heard about the Becon Economy? Beconomists? Spark Ups?....Nope? Well, read on to find out more...
The Becon Economy is an emerging, dynamic and flourishing new sector of the economy and is a term used by Andrew Scott, Professor of Economics and Deputy Dean at London Business School, to describe a new period of economic behaviour which is being pioneered by 18-34 year olds worldwide.
Having spent 12 months exploring this space, and by launching the Matchbox, an online platform for all things related to the Becon economy, Andrew is
determined to act as the bridge between the traditional economy and to protect the emerging fledgling Becons and their best interests.
With new terminology aplenty there’s lots to get your head around and learn about the Becon Economy, however the basics are:
Becons are the entrepreneurs of the Becon Economy - those leading lights whose lifestyles, careers and future prospects are closely entwined with this flourishing new sector of the economy.
Spark*Ups are the Becon Economy’s equivalent of Startups. Unlike startups, which are intended for growth and ascent into the traditional economy, Spark*Ups are much more experimental, agile and iterative organisations.
The Matchbox Collective is the cohort of leading Becons that have been assessed by Andrew Scott as being the leading lights of the Becon Economy and deemed to be ready for matches. As a part of the Matchbox Collective, these Becons make a commitment to nurture and ignite the Becon Economy by supporting future Spark*Ups.
Beconomists are the people that understand both the Becon Economy and the traditional economy, and make matches between these. They are committed to sourcing, creating and matching enough resources from the traditional economy to help the Becon Economy flourish and grow.
So...glossary of terms complete - if you’d like to find out more, then perhaps attending Becono.meets would help. This is a new bi-monthly event hosted by Professor Andrew Scott that aims to bring key stakeholders from the Traditional Economy and the emerging Becon Economy together. And we’re chuffed to announce that here at Startacus, we’ve got 3 tickets to give away to the first ever Becono.meets event - even more so because these are invitation only events!
So when is it happening?
The Becono.meet takes place at the London Business School on the 28th January 2014 from 6.30pm - 8pm and with its theme of ‘'Introducing the Becon Economy' it’d be the perfect place to properly get to grips with what it’s all about.
It’d also be the perfect place to meet our very own Alastair Cameron, Co-Founder of Startacus as he’ll be one of the speakers taking part in the panel discussion on the day. With other self starters such as Enternships’ Will Bentinck and Mike Salter from We Are Pop Up in attendance, we reckon this is set to be a great event - one not to be missed!
If you’d like to come along and fancy nabbing one of the 3 free tickets we’ve got up for grabs, simply email iam@Startacus.net as soon as you can. We’ll be selecting the 3 lucky winners on Friday afternoon at 3 pm.
One more thing - you’ve gotta be a registered Startacus member to be eligible - so get joining if you haven’t already!
Join Startacus - the Self Start Society!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...
Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.
Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.
SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.
Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future
A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated
Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 22nd January 2014
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.