Access to appropriate Growth Capital is the fuel to maintain a vibrant, innovative economy. It is one of the key foundations to building world beating global companies and a dynamic economy that in every locality seizes opportunities and fosters jobs and sustainable growth for the longterm. It is a key enabler of making the UK the best place to start and scale a business.
We accept that there is no silver bullet. No single policy or regulatory change that can resolve what was already a complex, long-running issue, now compounded by the extraordinary hit the economy has taken due to Coronavirus. That is why in this report we make five connected, though distinct recommendations that aim to close the gap for the long-term assessed through a lens of Accelerate, Expand, Align and Create.
- Create a National Blueprint for Growth
- Accelerate the unlocking of institutional and corporate funding
- Expand the scale and reach of our National Development Banks
- Expand the role and scale of Innovative UK
- Create a future Opportunity fund
Read more here.