A ‘scale-up’ is an enterprise that is experiencing significant growth rates in employees and turnover, over a number of years. By examining scale-ups, the taskforce’s aim is to increase the number of businesses maximising opportunities available to achieve their full growth potential, which will in turn feed into the government’s Industrial Strategy.
Small Business Minister Margot James said:
This government is committed to ensuring the UK remains the best place in the world to start and grow a business. That means identifying and then helping those high-growth businesses to scale-up, go global and invest in their future.
I want to thank all the entrepreneurs and investors for coming along to the first Scale-Up Taskforce armed with ideas and enthusiasm, which I know will play an important role in building a modern Industrial Strategy.
read the full article here: www.gov.uk/government/news/margot-james-launches-scale-up-taskforce-to-identify-barriers-to-small-business-growth