Explore the ScaleUp Annual Review 2022

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


Across the East Midland and East of England there are 5,250 scaleups with key clusters in Manufacturing, Wholesale/Retail, Health/Social Work, Admin & Support Services, Professional, Scientific & Tech. There are 2,720 businesses in the scaling pipeline growing between 15-19.99%.

As we assess the development across 2020 in local scaleup dynamics we see an overall slow down in scaleup growth in many localities and continuing regional disparities.

There are 6 LEPs within the East Midland and East of England and over the seven year trend since monitoring began we see on a regional level:

  • The average of the region showed a significant increase from 40.4 in 2013 to 48.2 in 2020 in scaleup density (up 7.8 scaleups per 100k population). By comparison the national average increased by 8.5 scaleups per 100k population during this time period.

More locally we observe:

  • Greater Cambridge and Greater Peterborough and Leicester and Leicestershire are the two LEPs in the region that track above the national average in 2020.
  • 4 out of 6 LEPs in the region have increased scaleup density in 2020

Scaleups are seeking locally focused scaleup support with connectivity to national and international programmes and stakeholders as they grow. 

In the following pages we look deeper into two exemplar areas, Greater Cambridge and Greater Peterborough, New Anglia and South East Midland, within the East Midland and East of England highlighting the local dynamics and strategies that have been developed alongside the scaleup support that is available and what impact has been delivered for local scaling businesses.

Further insights on each LEP in the East Midland and East of England can be found in the Annex and a range of public and private programmes supporting scaling businesses operating in  the East Midland [here] and in the East of England [here].

Previous Location, location, location
Next Cambridgeshire and Peterborough