Tag: scaleups

ScaleUp Institute Annual Review 2021

As ever, it’s been exhilarating and fascinating to contribute to the ScaleUp Institute’s authoritative and respected Annual Review. It puts the spotlight firmly on the 33,000-odd companies which account for 50% of all the turnover generated by the UK’s small and medium sized enterprises (SMEs) despite making up less than 0.6% of their population. There’s a wealth of data, including the findings of its annual survey of more than 500 scaleups; a wide range of policy recommendations; reviews of all the support programmes endorsed by the ScaleUp Institute; summaries of the scaleup landscape in every local area in the UK; along with ten insight articles and 15 new scaleup stories. If you want to learn about entrepreneurial Britain, this is a vital reference tool.

Online mental health: a growth business

Tim Barker, CEO, Kooth

Mental health support is firmly on the corporate map and this is reflected in the striking growth in the number of digital mental health businesses. I have talked with several of them recently, such as Tim Barker, CEO of AIM-listed Kooth (pictured during my conversation with him for the ScaleUp Institute), Andrew Bibby of 87% and Nigel Pitchford at IESO Digital Health.

Kooth was the first digital mental health company to float on London Stock Exchange and it was interesting to hear from Tim about the keenness of investors to back a business which has an evident purpose as well as a strong growth story. The same is true for IESO Digital Health, which has raised almost £28m of investment across seven VC funding rounds. And I’m sure that the earlier-stage 87% will also scale up rapidly.

There’s a list of 22 such companies published by data company Beauhurst.

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