LOCAL AREA SUMARY:
Total number of scaleups
No. by employee growth
No. by turnover growth
No. by employee and turnover growth
Top 5 Visible Scaleups by Employee Growth
Exemplas provide financial advisory services to SME business clients.
Soul Foods Group
Soul Foods Groups operates a network of restaurants and cafes.
Oakbridge Homes operates a residential property development company, specialising in high-end homes.
Antal International provides global recruitment and management services for a large range of industries from energy to law.
Medivet provides a wide range of veterinary services, as well as complementary services such as pet insurance.
Top 5 Visible Scaleups by Turnover Growth
Advanced Personnel provides health and social care staffing services to elderly residential homes and nursing homes, among others.
Rye Street Group
Rye Street Group operates a vehicle accident and repair company.
Astute manufactures a range of electrical devices, including semiconductors and amplifiers.
Wheatley operates a property construction company, specialising in new build developments for the residential and commercial sectors.
ReachActive provides engineering and planning services to businesses in the construction and power sectors.
Local LEP ScaleUp Programmes
At the end of 2018 Hertfordshire LEP strengthened its local Growth Hub by awarding a two-year contract to a consortium led by business support services provider Exemplas together with the University of Hertfordshire and Hertfordshire Chamber of Commerce. Growth Hub is working on extending its reach by co-ordinating business support providers and connecting ambitious businesses to targeted support.
As well as up to two hours of advice with a growth expert, businesses can access a number of programmes. Examples are Innovate 2 Succeed – a mentoring service to help them enhance their innovative capabilities and exploit their ideas commercially – Get Exporting 2 – a tailored programme of advice and assistance, both financial and 1-2-1, to enable them to begin selling overseas or to expand internationally.
The key barriers to growth are access to talent, leadership development and access to UK markets. They are looking for support through peer networks, local professional services and general business support from government, including procurement contracts.
Top barriers to growth
- Access to talent
- Leadership development
- Access to UK markets
want TO SEE more of:
- Peer networks
- Local professional services e.g. accountants and lawyers
- Banks and other financial suppliers
- General business support from government
- Procurement contracts