Corporate Director at Barclays, David Goodall, talks about the support his company are offering ambitious entrepreneurs in the UK.
High-growth businesses like yours make a huge difference to both the economy as a whole and to our day-to-day lives. From the benefits of creating new jobs and new investment opportunities, to the innovations they bring to technology, medicine, communications and more, fast-moving high-growth companies hold the potential to shape the future.
At Barclays we understand that for the ambitious entrepreneur, growth can sometimes happen so quickly that you have little time to focus on your financial strategy. That’s why it’s so important to have a banking partner who can keep pace with your business – as well as keeping an eye on what’s ahead.
Whether you are an investor or a business owner, Barclays is well positioned to help you to develop a holistic financial approach to reach the goals you have set for your business as well as your personal ambitions. Our approach is built on forging long-lasting relationships and we can connect you to our wide range of services to ensure you are given every opportunity to take advantage of what Barclays has to offer.
Barclays has a strong track record in supporting businesses and is uniquely placed to help and support businesses, their founders and investors at all stages of growth, particularly during scale-up but also at IPO and exit stage.
We can provide access to innovative funding solutions and to a range of services and networks for the most ambitious businesses driving economic growth.
We have a number of proprietary initiatives such as open innovation co-working spaces and platforms to connect early-stage high growth companies with other corporates looking to access new ideas.
The Barclays Accelerator connects FinTech start-ups, corporates and industry experts to co-create the future of financial services. Our regional incubators and maker spaces provides opportunities for high growth companies to work alongside their peers and tap into their local community.
Our global hackathons allow developers, designers and entrepreneurs to work together on tackling new ideas and big picture problems in an open and collaborative environment.
Barclays provides a curated library of insight reports that can shine a light on issues affecting high growth entrepreneurs and investors. For example, we recently launched a report with two of the world’s most prominent research teams in entrepreneurship.
For the first time, the Cambridge Judge Business School and the Saïd Business School have collaborated on a project that aims to contribute to fundamental change in helping UK entrepreneurs and scale-ups.
The Scale-up UK report: Growing Businesses, Growing our Economy led by Professor Stelios Kavadias of the Cambridge Judge Business School, and Professor Thomas Hellmann of Oxford’s Saïd Business School, examines a range of issues impacting the UK entrepreneurial ecosystem, including access to investor capital, debt and equity finance, leadership skills and business mentoring.
We have also strategically partnered with organisations aligned to support high-growth businesses, such as the UK Business Angels Association. We also hold a range of business seminars and clinics to support business growth and were sponsors of the recent LikeMinds event in Bristol.
Thanks to our relationships with a network of universities, business schools, private equity and venture capital companies, professional associations and industry bodies throughout the UK, we can provide high-growth businesses, like yours, with access to a wealth of expertise and experience.
Under the commitment for High Growth & Entrepreneurs, Barclays has also created:
A dedicated team of Barclays High Growth & Entrepreneur Relationship Directors across the UK.
Two new dedicated funds totalling £150million have been set up to specifically help innovative companies under Barclays’ High Growth Venture Debt Fund and Innovation Finance.
As banking partner to some of the most disruptive and innovative businesses in the UK and beyond, we understand entrepreneurs and what it takes to help make a venture successful.