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
LAF Holdings operates a holding company, specialising in agricultural products and services.
Dodd Group designs and installs mechanical and electrical systems for buildings in a range of sectors, such as education and leisure, with relevant repair and maintenance services also provided.
Reconomy provides a range of outsourced recycling and waste management services for businesses.
Entatech operates an online retailer of a range of electronics, including both hardware and software.
Northwood operates a number of companies that manufacture and supply a number of paper-based products such as toilet roll and tissue paper, mostly from recycled office waste-paper.
Top 5 Visible Scaleups by Turnover Growth
Wyevale Nurseries sells a range of products to gardening and landscaping wholesale companies.
Otter-Barry Books publishes a range of children’s books.
Charlton & Jenrick
Charlton & Jenrick operates a number of showrooms selling a range of gas and electric fireplaces and stoves.
AutoScan provides quality inspection services for automotive manufacturers.
Besblock offers a range of construction services.
Local LEP ScaleUp Programmes
The LEP is a major partner in the Midlands Engine whose Investment Fund offers a suite of business loans to growing companies across the Marches and the Agri Tech West Partnership which it set up to support scaleups in the food processing, packaging and manufacturing sectors. The AGRI project delivered by Aston and Harper Adams Universities has worked with 98 companies helping to develop new products and services with 24 moving on to longer term innovation development and support. The Business Growth Programme Phase 2 offers grants of £2,500 – £1,000,000 to strengthen supply chains, stimulate innovation and help businesses grow. while the Manufacturing Growth Programme helps businesses make improvements by identifying, understanding and removing their barriers to growth. Support is tailored to the manufacturing business and includes a dedicated, experienced manufacturing growth manager giving on-going support and advice on opportunities as well as access to a diagnostic tool.
Region-specific, the Centre for Research into Environmental Science and Technology (CREST) based at University Centre Shrewsbury focuses on innovation and research support to local environmental science and technology businesses. The project helps them to develop and test new products, processes or services and includes research collaborations and bringing products to market. Businesses are offered lab facilities on site, masterclasses and workshops. In total 42 SMEs have received the standard package of support.
The key barriers to growth are Infrastructure, Talent, Equity finance/Growth capital and Bank/debt finance. They are looking for support through procurement contracts, Innovate UK, LEPs/Growth Hubs, public sector funding for innovation/R&D and UKEF.
Top barriers to growth
- Equity finance/Growth capital
- Bank/debt finance
want TO SEE more of:
- Procurement contracts
- Innovate UK
- LEPs/Growth Hubs
- Public sector funding for innovation/R&D