According to the ScaleUp Annual Review 2024, published by the ScaleUp Institute, there are over 34K scale-up companies in the UK. While this equates to only 0.6% of the UK business population, scale-ups contribute a huge 55% of the total SME contribution to the UK economy - £1.4 Trillion of £2.6 Trillion.
With over 3.2 million people employed by scale-ups, often in high quality jobs, and with 9 out of 10 expected to grow further, it's easy to understand how vital scale-up companies are to the economy.
6 out of 10 scale-ups identify easy access to tailored support as being key to further growth for their business, which is why CW Growth Hub provides bespoke support to this vital segment of the business community.
Our experienced Account Managers have worked with scale-ups across every industry and, in addition to tailored advice, CW Growth Hub also work with scale-ups to inform business support strategy and boost professional development through our quarterly CW Peer to Peer Network meetings.
Fill out a few basic details about your business on our short contact form, or drop us an email, including the size of your business, length of trading, your industry sector, and contact details, and we'll get back to you within 2 working days.
Once we have received your enquiry, our highly experienced Account Manager for the area in which your business is based will get in touch to arrange a suitable time for a conversation about your requirements and, if applicable, arrange a visit to your premises, to find out how best we can help you.
Once we know more about your business, our team will recommend the support you need and make referrals into relevant fully-funded business support programmes. Every startup business is different but getting the basics right is key and our team can help guide you through the early stages, and beyond, to give your new business venture the best chance of success.
Find out how CW Growth Hub can help your business
A scale-up business is defined as having average, annualised growth of 20% or more over three years and at least 10 employees. (Source - Beauhurst)
According to the Scaleup Institute's Annual Review 2024, 9 out of 10 Scale-ups in the UK have been involved in innovative activity in the last 3 years. Businesses do not necessarily need to be launching brand new products or services to market to be deemed innovative. Companies may also be classed as innovating if they introduce new ideas that improve or advance their industry, offer a unique value proposition, are actively adapting to market changes, or driving continuous improvement in their offering.
A range of support for innovative, high potential scale-up businesses can be accessed through CW Growth Hub advisors, including support from Innovate UK, and fully-funded investment readiness support.
Leadership skills and management training are available through a number of programmes CW Growth Hub offer or support, including the Made Smarter West Midlands programme, which connects manufacturing SMEs with digital tools and skills, the CW Peer to Peer Network, and other fully-funded programmes.
Part of the Government-supported growth hub network and the CW Growth Hub Group
