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Scale up report presentation

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I am pleased to share with you this report that shows if we take action now to focus on ‘scale-ups’, we will secure significant growth in jobs, taxes and wealth, and the
competitive advantage of Britain for generations to come.
This report explains how a boost of just one per cent to our scale-up population should drive an additional 238,000 jobs and £38 billion to GVA within three years. In the
medium-term, assuming we address the skills-gap, we stand to benefit by £96 billion per annum and in the long-run, if we close the scale-up gap, then we stand to gain 150,000
net jobs and £225 billion additional GVA by 2034. This report sets out a clear plan of action to close the scale-up gap. The plan centres on using data already collected
by government to provide a platform that enables both public and private sector organisations to work together to improve the community of which they are a part.
Britain is a GREA T place to start a business.
With the supportive government policies, industry structure, geographic placement and talent supply we enjoy in the UK , we are in the position to create unrivalled national
competitive advantage by increasing the proportion of companies that ‘scale-up’.
A ‘scale-up’ is an enterprise with average annualised growth in employees or turnover greater than 20 per cent per annum over a three year period, and with more than 10 employees at the beginning of the observation period.
This competitive advantage will be rewarded by economic growth per capita. The responsibility to become ‘a scale-up nation’ – to create an environment (ecosystem) where a greater number of companies reach global scale – rests with all of us who have an interest in supporting economic growth. Rather than look only to the US for inspiration, this report examines successful collaborations between business and government that have taken place over the past 20 years in 20 other countries and recommends actions that we can take now. Individually and collectively, businesses, educators and policymakers can co-create a future that is bright for our children and their children: a place where both scale-ups and start-ups flourish, with plenty of jobs and growing GVA per capita.

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Scale up report presentation

  1. 1. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu CBE #scaleup http://www.scaleupreport.com TCi An independent report to the government NOVEMBER 2014
  2. 2. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Thank-you’s An independent report to the government NOVEMBER 2014
  3. 3. “We want nothing less than to make the UK the technology centre of Europe. This is the path we need to take to create new jobs, new growth and new prosperity in every corner of our country.” George Osborne, Chancellor of the Exchequer THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry #scaleup Coutu CBE
  4. 4. “First mover advantage doesn’t go to the first company that launches, it goes to the first company that scales.” Reid Hoffman, co-founder of Linkedin THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry #scaleup Coutu CBE
  5. 5. “Competitive advantage doesn’t go to the nations that focus on creating companies, it goes to nations that focus on scaling companies.” THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry #scaleup Coutu CBE
  6. 6. JOHN CRIDLAND, DIRECTOR-GENERAL CBI “This report makes a compelling case for getting behind the UK’s high growth ‘scale-ups’ and I hope all political parties seriously consider its recommendations. These firms are already having a transformational impact, we just need more of them to grow. Helping them access the talent they need, develop their leadership and access new markets are the priorities.” THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE An independent report to the government | www.scaleupreport.org | @scaleup | #scaleup
  7. 7. CHUKA UMUNNA CHUKA UMUNNA MP SHADOW SECRETARY FOR BUSINESS, INNOVATIONS AND SKILLS "This excellent report from Sherry Coutu makes clear that to secure the high-wage, high-skill economy that means people in Britain can succeed, we need to fix the broken rungs on the ladder that make it harder for ambitious businesses in Britain to step onto the global stage. Whether making better use of the information out there about which are our most promising firms, or coordinating support at a local level, the report is packed full of straightforward recommendations that point not only to how Britain can pay its way in the world but how it can do so in a way that enables far more people than now can build the life they want – that is why Sherry’s insightful report is so important and a real clarion call for policy makers to act." THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE An independent report to the government | www.scaleupreport.org | @scaleup | #scaleup
  8. 8. LESZEK BORYSIEWICZ, VICE CHANCELLOR OF CAMBRIDGE UNIVERSITY “This report clearly demonstrates the significant benefits that can be achieved through Government, business and universities working together to help close the scale-up gap. World leading universities such as Cambridge play a crucial role in creating business through the generation of innovation, entrepreneurship, and funding opportunities, but it is the talent and expertise of our students and academics that will help these businesses grow.” THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE An independent report to the government | www.scaleupreport.org | @scaleup | #scaleup
  9. 9. PETER TUFANO, DEAN SAID BUSINESS SCHOOL, OXFORD "In all fields, getting started is essential, but not enough. Races need to be finished, plays need final acts, and for enterprises, starting-up must be followed by scaling-up. The Scale-Up Report focuses our attention on this less-well studied, but critical, element of the process of business formation and job growth. By changing the public and private dialogue to celebrate not just start ups, but scale ups, this Scale-Up report will hopefully boost the UK economy." THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE An independent report to the government | www.scaleupreport.org | @scaleup | #scaleup
  10. 10. ANYA HINDMARCH FOUNDER & CEO “I wholeheartedly support the Scale-Up Report. Whilst start-ups are so important for this country, it is the scale ups that deliver the economic reward. It is also really hard to scale up and so if experience and support can be lent to the scale-up candidates, then they will have an even greater chance of success. Support can also quite simply be about unblocking the way and freeing them up to just get on with it. I think a focus on scale-ups could deliver real economic benefit.” THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE An independent report to the government | www.scaleupreport.org | @scaleup | #scaleup
  11. 11. MIKE BLACKBURN CHAIR OF GREATER MANCHESTER LEP “Many thanks for sharing the scale up report with colleagues across Greater Manchester and giving us the opportunity to input. As chair of the Greater Manchester Local Enterprise Partnership, I believe that this provides a powerful argument for more focused business support services on firms with high growth potential in a local area. It is a welcome contribution in the context of Greater Manchester’s recent devolution deal with Government and will support us as we look to deliver targeted business support to our local high growth firms.” THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE An independent report to the government | www.scaleupreport.org | @scaleup | #scaleup
  12. 12. WILL HUTTON, PRINCIPAL OF HERTFORD COLLEGE OXFORD AND CHAIR OF THE BIG INNOVATION CENTRE “Britain confronts a Scale-up crisis, and Sherry Coutu is to be warmly congratulated on opening up an issue that has for too long gone unexplored and unremedied. If the country is to capitalise on its strengths and emergent entrepreneurial culture then it is vital that we construct the ecosystem in which more start-ups and young firms grow to maturity. We need the debate which I hope this report will trigger: but we also need radical action”. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE An independent report to the government | www.scaleupreport.org | @scaleup | #scaleup
  13. 13. TONY CLAYTON, CHIEF ECONOMIST IPO "Not only does this report pull together the evidence on economic gains from effective scaling up of knowledge based business based in the UK in a comprehensive way, it also sets out the ways in which resources can be mobilised, skills improved and successes identified. It's not about 'picking winners' but about making sure firms that win early can go on to use their IP and innovative ideas to win internationally. It's another chapter in turning UK ideas into growth on a global scale” THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE An independent report to the government | www.scaleupreport.org | @scaleup | #scaleup
  14. 14. ANDREW MILLER, CEO GUARDIAN MEDIA GROUP At the Guardian we have used the many advantages technology gives us to scale up and transform our organisation into one of the world's leading quality news brands. Sherry Coutu's comprehensive and insightful report identifies the many challenges we all face if we are to unlock, harness and sustain the extraordinary opportunities that now confront us. I hope that it encourages political, business and technology leaders to come together and deliver the strategies, skills and structures that British businesses of all shapes and sizes need if they are to continue succeeding on the world stage. An independent report to the government | www.scaleupreport.org | @scaleup | #scaleup THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE
  15. 15. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Background #scaleup An independent report to the government NOVEMBER 2014
  16. 16. 1987 Became a Computer Programmer ENTREPRENEURSHIP Sherry Coutu CBE < 2000 1986 Came to the UK to attend the London School of Economics 2000 Floated second Start-up 1991 Studied Business at Harvard 1994 Joined my first ‘start-up’ 1995 Founded second Start-up 1997 first ‘startup’ sold THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  17. 17. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry #scaleup Coutu CBE
  18. 18. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Definition An independent report to the government NOVEMBER 2014
  19. 19. A ‘scale-up’ is an enterprise with average annual growth in employees or turnover greater than 20 per cent per annum over a three year period, and with more than 10 employees at the beginning of the period THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry #scaleup Coutu CBE
  20. 20. Methodology 8,923 THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry #scaleup Coutu CBE
  21. 21. SCALE-UPS ARE THROUGHOUT THE COUNTRY Scale-ups are found in each of the 39 LEP areas in England and 6,659 (75 per cent) of the total 8,923 scale-ups are located outside of London. On average a LEP will have approximately 228 scale-ups in their area. These in turn can be grouped into the Number of scale-ups companies that employ between • 10 and 49 employees, • 50 and 250 employees, • >250 employees THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  22. 22. http://www.scaleupreport.com |SCALE-UPS ARE MORE THAN DIGITAL SCIENCE ONES GREW 92% LAST YEAR….. “The Science 50” Royal Society’s list Illustrates the extent to which science-based scale-ups are a nationwide phenomenon. 36 (72 per cent) of the top 50 fastest growing science-based companies are located outside of London. These 50 science-based companies increased their revenues by an average of 92 % between 2012 and 2013, achieving a combined annual turnover of more than £1.3 billion. Adding more than £600 million to national output last year. http://www.svc2uk.com/the-royal-society-science-50-index/ THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu CBE
  23. 23. https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/254552/13-92-business-population-estimates-2013-stats-release-4.pdf THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  24. 24. JOB CREATION IS LINKED TO COMPANIES THAT ARE HIGH GROWTH (2014) 1% 36 % THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  25. 25. STARTUPS DO NOT CONTRIBUTE TO NATIONAL OUTPUT Research by the academic David Storey has found that the median annual sales of a six-year-old firm in the UK are less than £23,000 This research also found that only a small group of start-ups achieve significant growth in revenues – just one per cent have sales of more than £1 million six years after they star 1 % It also found that the average new firm, despite the hype that surrounds startups, made a negligible contribution to British productivity growth. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  26. 26. STARTUPS DO NOT CONTRIBUTE TO NATIONAL OUTPUT Related to this is the fact that larger businesses tend to be more productive than smaller businesses. BIS data show that in the UK average turnover per employee is: • £170,000 for firms with 250 plus employees • £164,000 for firms with 50 to 249 employees • £134,000 for firms with between 10 and 49 employees39 The average new firm, despite the hype that surrounds startups, made a negligible contribution to British productivity growth. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE
  27. 27. SCALE-UPS HAVE HIGH QUALITY JOBS http://www.scaleupreport.com Of the employees surveyed in these high-growth companies who had joined the company from another employer, 80 per cent stated that they were ‘satisfied’ or ‘very satisfied’ with their current job compared to 46 per cent when asked about their previous job THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu CBE THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  28. 28. Scale-ups are not start-ups CONCLUSION And we should focus our attention and policies on scale-ups THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  29. 29. http://www.scaleupreport.com “to nurture and raise a single child into a successful human being takes much longer and is a more complex and arduous process for society than to introduce an additional child into the world”
  30. 30. THERE IS A SCALE-UP GAP The UK has a lower share of large businesses than the US. Large firms with more than 250 employees account for 0.5 per cent of firms in the UK but 0.7 per cent in the US. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  31. 31. THERE IS A SCALE-UP GAP  Many European economies, including UK are as effective as US in creating new businesses  Not enough of them grow – displacing older firms  This lack of ‘scale up’ means the economy as a whole loses on productivity and growth. Nesta (2011). A Look at Business Growth and Contraction in Europe http://www.scaleupreport.com THE SCALE-UP REPORT ON UK ECONOMIC GROWTH # s c a l e u p Sherry Coutu |CBE
  32. 32. http://www.scaleupreport.com The 3 year gross impact of moving 1% of businesses to HGF mode (244% over 3 years) As a simple illustration of the potential impact of high-growth firms, RBS undertook an analysis to determine the economy wide impact of one per cent of all businesses with over 10 employees shifting from a stable growth state into high-growth mode. This would see the total population of HGFs in the UK increase from 10,200 (4.6 per cent of total business population with 10 or more employees) to 12,440 (5.6 per cent of total business population with 10 or more employees). At the end of year three this would result in 2,240 businesses making this shift and the creation of 238,000 jobs and almost £39 billion in additional turnover. 39 * 20 years = 780 billion before you take into account productivity effects Source: RBS Working Paper: Oct 2014 High Growth Firms and the Economy £ 780 billion + £ 768 billion THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE
  33. 33. We know how to help companies scale-up…. http://www.scaleupreport.com The Endeavor Programme, which assists companies around the world to grow, has helped companies to achieve 5.4 times the rate of growth in employment of comparable firms in their own countries. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu CBE THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  34. 34. Highly effective programmes in 20 other countries THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE
  35. 35. AND ARE BEING TRACKED LOCALLY… http://www.scaleupreport.com THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE
  36. 36. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE
  37. 37. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE
  38. 38. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE
  39. 39. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE
  40. 40. Key Messages What makes any portfolio of initiatives work in this context is the joint efforts of a mixed group of stakeholders: Successful entrepreneurs, government, large corporates, investors and educators (universities and schools). Joint initiatives, joint leadership, joint funding, joint accountability. This mixed representation and cross-stakeholder working is what creates a true entrepreneurial ecosystem. http://issuu.com/endeavorglobal1/docs/what_do_the_best_entrepreneurs_want http://www.scaleupreport.com THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE
  41. 41. Collaboration is key The Endeavor programme has cost an average of £405 for every job created in emerging conomies, and this has been financed largely without public funding (see case study below). Furthermore, the Endeavor programme is financed in most cases without any public support, relying on private sector donations of funding and time, with a volunteer network of more than 1,000 global and local business leaders. Similarly, Mass Challenge and VentureFest have created more than 4,000 jobs between April 2010 and September 2013 at a cost of £1,285 per job, with just four per cent of funding coming from the public sector. http://issuu.com/endeavorglobal1/docs/what_do_the_best_entrepreneurs_want THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  42. 42. Collaboration is key THE SCALE-UP REPORT ON UK ECONOMIC GROWTH # s c a l e u p Sherry Coutu |CBE
  43. 43. Key Findings Achieving additional economic growth does not require significant additional funds If coordinated by local leaders who Collaborate with business and universities http://issuu.com/endeavorglobal1/docs/what_do_the_best_entrepreneurs_want http://www.scaleupreport.com THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE
  44. 44. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Recommendations #scaleup An independent report to the government NOVEMBER 2014 http://www.scaleupreport.com
  45. 45. KEY RECOMMENDATIONS http://www.scaleupreport.com THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu |CBE #scaleup
  46. 46. KEY RECOMMENDATIONS http://www.scaleupreport.com Recommendation 1: RELEASE the names of scale-ups  you already hold the information so that local public and private organisations can identify, target and evaluate their support to scale-up companies, and evaluate their impact on UK economic growth. Case Study: Cambridge Cluster Map THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  47. 47. KEY RECOMMENDATIONS http://www.scaleupreport.com Recommendation 2 Publicly funded organisations such as Local Enterprise Partnerships and cities seeking public funding should review and report on the extent to which the top 50 scale-ups in their areas are increasing their turnover and job growth from year to year with the objective of increasing the proportion of scale-ups with more than 250 employees by three per cent by 2025. Case Studies: Future Fifty and National Cluster Alliance Programme THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  48. 48. SCALE-UPS ARE THROUGHOUT THE COUNTRY Scale-ups are found in each of the 39 LEP areas in England and 6,659 (75 per cent) of the total 8,923 scale-ups are located outside of London. On average a LEP will have approximately 228 scale-ups in their area. These in turn can be grouped into the Number of scale-ups companies that employ between • 10 and 49 employees, • 50 and 250 employees, • >250 employees THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  49. 49. KEY RECOMMENDATIONS http://www.scaleupreport.com Recommendation 3 50 % of public funding and promotion currently reserved for ‘entrepreneurship’ should be directed towards collaborative initiatives based on track-record Case Studies: VentureFest Network & SVC2UK THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  50. 50. KEY RECOMMENDATIONS http://www.scaleupreport.com Recommendation 4 A Minister should be made responsible for reversing the scale-up gap by 2025 with cross-departmental resources allocated independent bodies named (to monitor) and a task-force appointed to deliver a scale-up report to the Prime Minister every November for the next five years. Case Studies: Manziales-Mas, Columbia, Scale-up Milwaukee, Endeavor, Singapore THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  51. 51. KEY RECOMMENDATIONS Draw attention to scale-up companies and their leaders so that it is easier for them to act as role models to others and to find customers, partners and investors, both at home and overseas. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE Case Studies: Elite, Mentorsme, Venturefest, SVC2UK
  52. 52. Closing The Scale-Up Gap: Local Government • Celebrate scale-up growth events in your city with the media • Invite scale-up leaders to share their experience with students • Celebrate new customer wins and help create new ones • Encourage local universities to offer courses to scale-up leaders • Meet with a selection of scale-up leaders every month (3 hours) • Persuade real-estate leaders to offer scale-up friendly terms THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  53. 53. Closing The Scale-Up Gap: Media Shine a light on our most successful scale-up leaders and their companies rather than only start-ups. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  54. 54. Closing The Scale-Up Gap: Media Profiling successful scale-up entrepreneurs at key mile-stones to inspire others (especially the next generation) THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  55. 55. Closing The Scale-Up Gap: Media Reviewing and holding to account initiatives and policies in entrepreneurship: • Are they about starting or growing businesses? • Are they actually providing evidence to support their claims? • What is the cost per job created? • Are they collaborative? THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  56. 56. Closing The Scale-Up Gap: Human Capital - Schools • Entrepreneurship in curriculum? • Entrepreneurs on board of Governors? • Local Scale-up leaders in the class-room as role-models? • Proportion of Local Scale-up companies featured in careers fairs? • Proportion of work experience features local scale-up companies? • Extra-curricular student entrepreneurship activities / clubs? • Proportion of students visiting scale-ups on ‘open days’? THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  57. 57. Closing The Scale-Up Gap: Human Capital - Universities • Include entrepreneurship in curriculum? • Entrepreneurs on board of Governors? • Business Schools offering local courses to scale-up leaders? • Local Scale-up leaders in the class-room as role-models? • Local Scale-up companies featured in careers fairs? • What proportion of work experience features scale-up companies? • Ecosystem coordinators trained in what works and what doesn’t? • Extra-curricular activities around entrepreneurship encouraged? THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  58. 58. Closing The Scale-Up Gap: Supports: • Identify mentors with experience and find effective ways to share their knowledge • Publish the the amount you procure from scale-ups • Offer infrastructure / co-working spaces: THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  59. 59. Closing The Scale-Up Gap: Large Corporates Long-term: • Support existing initiatives that help teachers and schools develop future entrepreneurial talent THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  60. 60. Closing The Scale-Up Gap: Large Corporates Med-term • Identify & Sponsor infrastructure for product dev’t and testing • Support formal skill-building programmes for local scale-up leaders • Support informal skill-building programmes for local scale-ups THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  61. 61. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Impact An independent report to the government NOVEMBER 2014 http://www.scaleupreport.com
  62. 62. Key Findings Achieving additional economic growth should not require significant additional funds from central government, if data is released as a platform from which local leaders can draw upon collaborate with business and universities. http://issuu.com/endeavorglobal1/docs/what_do_the_best_entrepreneurs_want THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  63. 63. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Making it happen…. An independent report to the government NOVEMBER 2014 http://www.scaleupreport.com
  64. 64. Let us start today: We can Reverse The Scale-up Gap 2014 2020 2034 THE SCALE-UP REPORT ON UK ECONOMIC GROWTH #scaleup Sherry Coutu |CBE
  65. 65. THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Let’s do it together! An independent report to the government | www.scaleupreport.org | @scaleupUK | #scaleup NOVEMBER 2014

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