Is the West set to become a hotbed for the UK’s scale-up businesses?

Growth | Latest News | South West | Start-up
Engine Shed Scale-up event, December 2017 (Paul Walker, Peter Ball, Irene Graham, Nick Sturge and Briony Phillips)

Business leaders, visionaries and entrepreneurs attended the inaugural ‘scale-up’ event at the Engine Shed in Bristol to discuss how the West of England could become the hotbed for businesses looking to grow.

The event, which was sponsored by Smith & Williamson, was attended by over 80 people who heard from a number of guest speakers who spoke passionately about their own opinions on what the region needs to do to attract and support scale-up businesses.

Peter Ball from Smith & Williamson shares his thoughts on the event.

“It was brilliant to see so many people attend this inaugural event and demonstrates the important role scale up businesses play in generating jobs for the local economy.

“It was both interesting and encouraging to hear what Bristol and West of England needs to do for it to become the best location to scale up a business.

“With two universities, improved infrastructure, access to excellent support network and an attitude to achieve, Bristol and the West of England really has a lot to offer scale up businesses as does the lifestyle.

“There’s a large number of businesses out there all of whom are looking for the right support and guidance across a wide range of areas including access finance, strategy, talent and skills, leadership and property.  We now need better collaboration to ensure the West of England better supports the growth of scale-up businesses.

“We also need to ensure our scale-up ecosystem is one that will meet the challenges faced by fast growing businesses and to support initiatives making it easier for them to scale up effectively.

“To nurture conversation amongst those present and to identify what is needed in order to make our region the focus for scale ups was great to see and we’ll look forward to the next event.”

“The event also saw the launch of two key scale-up focused projects, The angel hub and the eco system map.

“The Angel Hub is designed to bring the early stage investment community in the West of England together, to share good practice, to learn, and to discover new investment activities and opportunities while the Ecosystem Map illustrates the assets that exist across the region that are designed to support scale-up growth and success.

“These are exciting times for Bristol and we plan to be right at the heart of the scale up action.”

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