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Compliance Team
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Compliance Team
Angels Den
cl@angelsden.com

Why Workplace Learning and Development Is Important for Startups

Why Workplace Learning and Development Is Important for Startups

In nowadays ultra-competitive recruitment environment, businesses are seeking solutions for attracting and retaining talent. Learning and Development (L&D) continues to be one of the most important factors the employee takes into consideration when evaluating a job.


Gallup's latest report, How Millennials Want to Work and Live, reveals that 59% of millennials say opportunities to learn and grow are extremely important to them when applying for a job. Companies should regard this as an opportunity. Rather than telling employees what to do, organizations need to teach employees how to think. This will lead to having proactive teams with problem-solving skills.


What is Learning and Development?


Learning and development aims to improve group and individual performance by increasing and improving skills and knowledge. Learning and development, often called training and development, focuses on employee growth and future performance, which is designed to align with the organisation’s overall vision and goals.


Why is L&D important for startups?


LinkedIn Learning’s 3rd annual Workplace Learning Report reveals that in 2019 the number one focus for talent developers is to identify, assess, and close skills gaps with the help of digital transformation. There are many benefits to adding a technology-enabled learning and development program to any organization, including:

  • - Employees are better prepared to face the challenges in the workplace and the market
  • - Greater success with attracting Generation X and Millennial high-performance candidates
  • - Creating a pool of skills and talents ready to move into management positions when the startup grows
  • - Increased motivation and engagement levels at work 

How can startups implement and benefit from L&D?


According to 2019 L&D trends presented in LinkedIn’s report, budgets continue to shift from instructor-led training (ILT) to online learning solutions such as LinkedIn Learning. While online learning will never fully replace in-person training, it’s important to enable modern learners to upskill when and where they need to. Compared to three years ago, 59% of talent developers spend more of their budget on online learning and 39% spend less on instructor-led training.


In the age of increased automation and smart tools which can perform job-related tasks, soft skills have become the center of attention. We live in a digital world now, and everyone owns a mobile device where information and education can take place on demand. Therefore, it’s essential for startups to use these simple, cost-effective L&D resources.


Workplace learning for startups Angels Den

Source: LinkedIn Learning’s Workplace Learning Report


1. E-learning platforms


This year’s data shows that talent developers believe that closing skills gaps is the best way to demonstrate the value of learning programs. Encourage your employees to identify the skills they are missing or want to improve. Explore learning platforms that are mobile friendly so that employees can learn on-the-go. Solutions such as LinkedIn Learning, Udemy, Udacity or Coursera offer a wide range of online courses which cover different industries, while others focus on a specific sector. Take Codecademy, for example – this interactive platform offers free coding classes in 12 different programming languages.


Workplace learning for startups Angels Den


2. Stretch assignments 


Helping employees learn by offering access to online platforms is not enough. Your company needs to contribute to their growth. Employees should be empowered by trusting them with tasks that are beyond their current knowledge or skills level. A stretch assignment will take the employee out of his comfort zone or regular routine, thus meeting new mental challenges, increasing their knowledge, skills, and abilities. Think of stretch assignments as a playground for your employees to use in order to apply the theory they have learned. Startups will always benefit from attracting and retaining people who want to push their limits and get out of their comfort zone.


3. Rotational projects


Rotational programs can be just as effective in smaller organizations or startups as in large companies. These programs have the same positive impact on the employees who participate. The way it works is simple. People get the opportunity to do others’ activities, thus offering them the chance to gain a broader understanding of how each team operates. It also provides insight into how different team members depend on and interact with each other. Getting this kind of exposure to other skills and jobs leads to a deeper understanding of how different departments should be aligned.


Make learning a priority 


According to LinkedIn Learning’s Workplace Learning Report, employees who spend over five hours per week learning are more likely to know where they want to go in their careers, find greater purpose, and feel less stressed. Since it is not easy for employees to find time for learning, companies should take steps to encourage this behaviour. By combining L&D strategies that meet the learning styles of every generation and making them a priority, the business, along with every employee, can grow.


Workplace learning startups Angels Den

Source: LinkedIn Learning’s Workplace Learning Report