Explore the ScaleUp Annual Review 2022

Select a section to expand and explore this year's review..

CONTENTS

Introduction 2022

Annual Review Highlights Ministerial Foreword Executive Summary 2022 Recommendations

Chapter 1 2022

The ScaleUp Business Landscape

Scaleup indicators from a national and local perspective The ScaleUp Landscape Sectoral and regional clustering Local Analysis of growth in scaleups Small high-growth businesses: observing the scaling pipeline Local Analysis of growth in the Scaling Pipeline Understanding the relationship between scaleups and the pipeline highlights an opportunity to convert the pipeline Growth rate analysis for scaleup and scaling pipeline businesses Conclusions 2022 Scaleup Leaders’ Views 2022 ScaleUp Survey – at a glance Scaleup Survey 2022 Access to markets Talent and skills Access to finance Leadership Looking forward

Chapter 2 2022

Leading Programmes Breaking Down the Barriers for Scaleups

Leading Programmes Breaking Down the Barriers for Scaleups Access to Talent and skills – Insight: The Scale of Need: Understanding the talent development needs of scaleups – Programmes Endorsed & Ones to Watch Talent & Skills Leadership – Insight: Building up board-level expertise – Insight: Building brand and communications strategies to drive scaleup growth – Insight: Peer Groups – The power behind scaleups – Programmes Endorsed & Ones to Watch Leadership Access to Markets – Insight Collaboration & Procurement Checklist – Programmes Endorsed & Ones to Watch Markets Finance – Insight: Growth capital roundtable – Insight: The Growing Role of Angels in the Scaleup Ecosystem – Programmes Endorsed & Ones to Watch Finance Infrastructure – Insight: Clusters and Hubs – Programmes Endorsed & Ones to Watch Infrastructure

Chapter 3 2022

The Local Scaleup Ecosystem

Location, location, location EAST OF ENGLAND & EAST MIDLANDS Cambridgeshire and Peterborough New Anglia South East Midlands SOUTH EAST ENGLAND Enterprise M3 Oxfordshire South East Thames Valley Berkshire SOUTH WEST Cornwall & Isles of Scilly Heart of the South West West of England WEST MIDLANDS Greater Birmingham and Solihull Worcestershire NORTH WEST Greater Manchester Lancashire Liverpool City Region NORTH EAST Leeds City Region North East South Yorkshire Mayoral Combined Authority UK NATIONS Northern Ireland Scotland

Chapter 4 2022

The Policy Landscape

Scaleup Identification – Data – Insight: Female founders: the opportunities ahead – Insight: Ethnic and minority owned scaleups Markets – Policy Overview – Access to Markets ScaleUp Procurement Index Talent and skills – Policy Overview – Insight: The scale-up visa Access to growth capital – Policy Overview – Insight: Scaling businesses and the use of debt and working capital finance Leadership remains central to scaleup growth – Insight: Scaling the business, keeping the culture Driving growth through the power of clusters and hubs

Chapter 5 2022

Looking forward

Making The UK the Best Place to Scale a Business

Annexes 2022

Local Area Summaries

SCALEUP STORIES 2022

CONCLUSION

It is encouraging that scaleup numbers remained constant despite the unprecedented challenge of the onset of the global pandemic in Q1 2020. However, this is an early snapshot and the full picture of the impact of the pandemic on scaleup numbers will take time to emerge. There are many challenges yet we should recognise how far we have come. The number of UK scaleups is 26% higher than it was in 2013. 

We have identified the place-based drivers of scaleup growth: the sharing and spreading of knowledge, active engagement with and by universities, and strong local ambition with support and goodwill from the wider group of local stakeholders. We know that three main factors drive scaleup growth – access to equity finance, access to skills and sectoral clustering. This understanding is crucial to enable local areas and the whole economy to fully realise the scaleup and scaling pipeline potential and maximise their contribution to the UK economy.

These are difficult times. Fostering and enabling scaleups – locally, regionally and nationally – is vital in helping the UK navigate through these storms. Urgent action is vital at national and local level to help scaleups look through and beyond the current economic and geopolitical crisis – because their survival and growth are at the heart of our future prosperity.

Previous Growth rate analysis for scaleup and scaling pipeline businesses
Next 2022 Scaleup Leaders’ Views
CONTENTS

Introduction 2022

Annual Review Highlights Ministerial Foreword Executive Summary 2022 Recommendations

Chapter 1 2022

The ScaleUp Business Landscape

Scaleup indicators from a national and local perspective The ScaleUp Landscape Sectoral and regional clustering Local Analysis of growth in scaleups Small high-growth businesses: observing the scaling pipeline Local Analysis of growth in the Scaling Pipeline Understanding the relationship between scaleups and the pipeline highlights an opportunity to convert the pipeline Growth rate analysis for scaleup and scaling pipeline businesses Conclusions 2022 Scaleup Leaders’ Views 2022 ScaleUp Survey – at a glance Scaleup Survey 2022 Access to markets Talent and skills Access to finance Leadership Looking forward

Chapter 2 2022

Leading Programmes Breaking Down the Barriers for Scaleups

Leading Programmes Breaking Down the Barriers for Scaleups Access to Talent and skills – Insight: The Scale of Need: Understanding the talent development needs of scaleups – Programmes Endorsed & Ones to Watch Talent & Skills Leadership – Insight: Building up board-level expertise – Insight: Building brand and communications strategies to drive scaleup growth – Insight: Peer Groups – The power behind scaleups – Programmes Endorsed & Ones to Watch Leadership Access to Markets – Insight Collaboration & Procurement Checklist – Programmes Endorsed & Ones to Watch Markets Finance – Insight: Growth capital roundtable – Insight: The Growing Role of Angels in the Scaleup Ecosystem – Programmes Endorsed & Ones to Watch Finance Infrastructure – Insight: Clusters and Hubs – Programmes Endorsed & Ones to Watch Infrastructure

Chapter 3 2022

The Local Scaleup Ecosystem

Location, location, location EAST OF ENGLAND & EAST MIDLANDS Cambridgeshire and Peterborough New Anglia South East Midlands SOUTH EAST ENGLAND Enterprise M3 Oxfordshire South East Thames Valley Berkshire SOUTH WEST Cornwall & Isles of Scilly Heart of the South West West of England WEST MIDLANDS Greater Birmingham and Solihull Worcestershire NORTH WEST Greater Manchester Lancashire Liverpool City Region NORTH EAST Leeds City Region North East South Yorkshire Mayoral Combined Authority UK NATIONS Northern Ireland Scotland

Chapter 4 2022

The Policy Landscape

Scaleup Identification – Data – Insight: Female founders: the opportunities ahead – Insight: Ethnic and minority owned scaleups Markets – Policy Overview – Access to Markets ScaleUp Procurement Index Talent and skills – Policy Overview – Insight: The scale-up visa Access to growth capital – Policy Overview – Insight: Scaling businesses and the use of debt and working capital finance Leadership remains central to scaleup growth – Insight: Scaling the business, keeping the culture Driving growth through the power of clusters and hubs

Chapter 5 2022

Looking forward

Making The UK the Best Place to Scale a Business

Annexes 2022

Local Area Summaries

SCALEUP STORIES 2022