Revealed: Britain’s 25 startup equity investment hotspots The British Business Bank produced a league table of city councils and local authorities to demonstrate which sectors and regions were pulling in the most private investment. __________________________________________________________________________________ Often, founders focus on building a great product, but lack the business acumen to understand taking on strategic investment that will see the business blossom. This isnt their fault. The investment waters are muddied what is available and from who isnt obvious. There exists meagre advice for early-stage businesses with ambitions of scaling up, from both the public and private sectors. According to last year’s’scaleup Institute’s Annual Scaleup Review, half of the firms surveyed identified a lack of support as an impediment, while a third of scaling companies say they lack the appropriate funding to achieve their growth plans. The answer, as ever, is education. There needs to be a groundswell of information to, not just SMEs, but the investment communities that will foster their growth. Were attempting to attack this educational dearth face on. Our latest project, 100 Stories of Growth Capital at Workaims to tell the real life stories the human narrative of high-growth firms. Investment is about more than just money, and capital isnt limited to finance. The people who work with you, the way they feel about the company, the skills you need going forward, are just as, if not more, important. With the right sort of equity investment and investment partner comes the benefits of capital in all its forms – be it financial, human, intellectual, or emotional capital. By having authentic, honest accounts of the successes and failures along the path to scaling-up, those thinking about the next step can transpose these learned experiences to their own. By improving their understanding of when and how to deploy capital effectively, the decisions businesses make are better informed that’s why were encouraging all ambitious businesses to visit?100stories.co.ukto engage with the campaign. Im hoping this new platform will give hundreds of businesses the inspiration, insight and signposts to unlock their potential, and succeed. Scaling up is a big step, but with the right tools and support, it doesnt need to be frightening. Guy Tolhurst is an entrepreneur, business mentor and founder of Intelligent Partnership
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