Why Britain needs High Growth Small Businesses


In a column for the Huffington Post, programmes director Annabel Denham points out that, more than setting up a company, the ability to scale is where the real value lies.

A new study from our founding supporters Octopus Investments reinforces this analysis. It identifies a group of 22,000 businesses, which have an annual turnover between £1m and £20m, and which achieve more than 20 per cent average turnover growth over a three-year period. Annabel writes:

“The employment figures alone buy ativan overnight delivery should be enough to make the government open its eyes: High Growth Small Businesses last year created one in three new jobs, despite forming less than 1 per cent of the 5.3 million companies in the UK. Almost 20 per cent of economic growth in Britain, measured as an increase in Gross Value Added, was from goods and services produced by HGSBs.”

Read more about the report’s findings here. Read the report in full here.