Scaleups in the communities
Scaleups are UK wide growth champions, who generate a total turnover of £1.1trn and have an average turnover of £32.6m per scaleup. In addition they employ 3.2 million people, with an average of 96 employees per scaleup and an average turnover per employee of £338k.
With 78% outside of London these scaleups are highly productive, innovative and international – generating 50% of the SME economy. We are pleased to see the following cities with growing scaleup numbers: Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester.
The scaling pipeline also remains fairly constant with 16,830 scaling businesses employing 1.7 million people, generating £474bn.
Find out more about scaleups in the communities, their key challenges to scale and the National and Local support that is emerging from around the country.
Also read our Social Scaleups in the UK, Scaleup Green Economy Index insights.
