LOCAL AREA SUMARY:
Cornwall and Isles of Scilly
Total number of scaleups
No. by employee growth
No. by turnover growth
No. by employee and turnover growth
Total employees
Total turnover
Top 5 Visible Scaleups by Employee Growth
Happy Days Nurseries
Happy Days Nurseries operates day nurseries in the Southwest of England.
Seasalt
Seasalt designs and manufactures clothing that it sells in its stores.
Merlin Cinemas
Merlin Cinemas operates a range of cinemas.
Teagle
Teagle manufactures and sells agricultural machinery.
Fred Champion
Fred Champion operates a groundworks contracting business.
Top 5 Visible Scaleups by Turnover Growth
Fred Champion
Fred Champion operates a groundworks contracting business.
Castle Air Group
Castle Air Group operates a group of companies that charter and sell helicopters and private jets.
Teagle
Teagle manufactures and sells agricultural machinery.
Trewithen Dairy
Trewithen Dairy operates a dairy farm and produces a variety of dairy products.
Seasalt
Seasalt designs and manufactures clothing that it sells in its stores.
Local LEP ScaleUp Programmes
High-growth companies are referred to programmes such as the Future Focus Programme run by Unlocking Potential in partnership with the University of Exeter. As part of this programme companies take part in expert peer-to-peer workshops called Labs during which they develop an action plan and are offered access to innovation coaching, academic research and expertise and funding for equipment. A special element of the programme is the Knowledge Exchange which supports business to test whether there is a likely market for their business ideas or innovation.
Businesses can also be referred to the CIOS Investment Fund – a collaboration between the LEP and the British Business Bank which provides commercially-focused finance through a £40 million Debt and Equity Fund. Companies can access funding from £25,000 to £2 million to help them grow.
In addition, CIOS Operates a Skills Hub alongside the Growth Hub to enable growth businesses access training for their workforce in order to grow and respond to the reported skills gap in region.
Scaleup Views
The key barriers to growth are access to talent, access to UK markets, access to bank finance and access to tax breaks. They are looking for a range of support, including peer networks, local universities / business schools and general business support from the public sector.
Top barriers to growth
- Access to talent
- Access to UK markets
- Access to bank finance
- Access to tax breaks
want TO SEE more of:
- Local universities/business schools
- Peer networks
- Local professional services e.g. accountants and lawyers
- Banks and other financial suppliers
- general business support from government
