LOCAL AREA SUMARY:

Heart of the South West

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

Gregory Group
Gregory Group operates a storage and distribution company, specialising in transporting dairy, industrial waste liquid and palletised items.

Troy
Troy wholesales a catalogue of tools, construction wear and janitorial equipment from a wide range of suppliers.

Pro:Direct Sport
Pro:Direct Sport operates an online sporting goods store.

Silverline Tools
Silverline Tools manufactures and supplies a variety of hand tools, power tools and accessories.

Cavanna Homes
Cavanna Homes operates a housing construction company, specialising in new build residential developments.

Top 5 Visible Scaleups by Turnover Growth

Akkeron Group
Akkeron Group invests in and develops hotels and other leisure outlets including Plymouth Pavilions and Suite Hospitality .

SMC Garage Group
SMC Garage Group operates a number of car dealerships that sell new and used SEAT vehicles and provide servicing.

Touts Budgens
Touts Budgens owns and operates franchises ofpetrol forecourts, pharmacies and other retail outlets.

TQR
TQR provides recrutiment services to a range of sectors such as legal and automotive.

Devonshire Homes
Devonshire Homes provides property development services.

Local LEP ScaleUp Programmes

The Inspire programme offers networking, training and one-to-one advice and mentoring support and refers participants to other programmes including the Goldman Sachs 10,000 Small Businesses UK. It has remained online, delivering both one-to-one meetings and peer-to-peer events and webinars. Further support is available through a Virtual Board in which participants can consult highly experienced, successful non-executive directors (NEDs) through a programme of quarterly one-to-ones.
A new Knowledge Accelerator programme was launched in May to respond to learnings that business leaders were still struggling to define their strategy in writing and that this could be one of the inhibiting factors for low levels of attracting funding. The programme supports entrepreneurs in defining and pinning down their business strategy to resolve this challenge. It consists of workshops and targeted one-to-one support.

Scaleup Views

The key barriers to growth are Talent , Markets and Finance. They are looking for support through Public sector funding for innovation/R&D, Innovate UK and Catapults.

Top barriers to growth

  1. Talent
  2. Markets
  3. Finance

want TO SEE more of:

  • Public sector funding for innovation/R&D
  • Innovate UK
  • Catapults

A Scale up Awards is being launched to recognise those businesses which have innovated in response to the pandemic or pivoted their businesses to take advantage of changed consumer preferences, obstructions to supply chains or have shown innovation in response to the green agenda and the need for progress towards net zero.