LOCAL AREA SUMARY:

Greater Birmingham and Solihull

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

Corporate Solutions
Corporate Solutions Logistics develops bespoke distribution management software for businesses. 

HCB Solicitors
HCB Solicitors provides legal consultancy services to business and commercial clients.

Homecroft Care Group
Homecroft Care Group operates a network of care facilities and nursing homes.

Lambe Construction
Lambe Construction provides construction services for housing, infrastructure and commercial projects. 

TeacherActive
TeacherActive supplies a variety of teachers, such as cover teachers and teaching assistants, for schools.

Top 5 Visible Scaleups by Turnover Growth

gbpartnerships
gbpartnerships operates a property development and facilities management company, specialising in undergoing projects within the care sector and those involved with the  Local Improvement Finance Trust (LIFT) initiative.

Nurton Developments
Nurton Developments operates a property development and trading company.

Palletline
Palletline operates a distribution company which offers a range of services including next-day delivery, lift assistance and European transport. 

Seven Capital
Seven Capital develops and regenerates properties, specialising in residential apartments.

HCB Solicitors
HCB Solicitors provides legal consultancy services to business and commercial clients.

Local LEP ScaleUp Programmes

Working in partnership with the Aston Centre for Growth, the Growth Hub has now delivered a Scale Up Workshop to five cohorts. Company executives are taken through a process to explore ways to scale their businesses, including product innovation, peer-to-peer group challenges and the use of business development tools such as the Business Model Canvas. Each workshop includes a follow-on clinic to give business leaders direct guidance.

In addition, businesses are offered investment readiness workshops delivered in partnership with VC firm Midven and the NatWest Accelerator. These are focussed on scaling and providing high potential businesses with direct industry insight on how to prepare their business for financial investment and lending opportunities from the financier’s perspective. The LEP has made tackling the local equity funding gap a priority. As a proposed solution, the LEP has provided seed funding to form the Ark Hub Midlands launched in October 2019 to combine business support and funding from angel investors.

Scaleup Views

The key barriers to growth are access to UK markets, access to talent, leadership development and access to infrastructure/premises and broadband. They are looking for support through peer networks, local professional services, growth hubs and banks and other financial suppliers.

Top barriers to growth

  • Access to talent
  • Leadership development
  • Access to UK markets
  • Access to infrastructure/premises and broadband

want TO SEE more of:

  • Peer networks
  • Local professional services e.g. accountants and lawyers
  • Banks and other financial suppliers
  • Growth Hubs and LEPs
  • general business support from government

From October the Growth Hub moved into phase two of growth, increasing its capacity and support for growing businesses. This will include the introduction of new business partnerships wth more than 10 new business account managers and business navigators given the objective of identifying high growth businesses in target sectors.