As our new analysis shows, our ScaleUp economy of now 34,180 businesses, remains vital to the UK in every sector and locality, representing half of all SME turnover output despite making up less than 0.6% of the SME population. This reinforces the resilience of our scaleups both in traditional sectors such as wholesale and retail and the strength of our evolving science and tech base which continues to grow.
The ScaleUp Institute continues to focus on working closely with local areas across the UK to put a spotlight on scaleups and address scaling challenges. Over the past 10 years much more is being undertaken at national and local level to focus in upon our high growth scaleup business and scaling pipeline but we need to make sure the initiatives at hand really cut through and connect up.
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