November's Budget saw the Chancellor launch initiatives that will help growth businesses reach the next level of their development but, writes Tom Hopkins, there is much more to it than that
A technology business was apparently founded every hour in the UK last year but the government now says it wants one every 30 minutes. Last month's Budget boost in the investment for growth businesses should certainly help in that aim, with the government announcing a funding package it believes will help unlock £20bn of investment in Britain over the next 10 years. Measures include a £2.5bn government fund to co-invest with the private sector, a £500m fund of venture funds and an extension of the Enterprise Capital Fund programme. And, of course, the further redirection of Enterprise...
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