50% of Britain’s scaleups expect to raise finance this year 25 May 2021
This is despite the £15bn funding gap identified by the Scaleup Institute between what scaleups need for investment and what’s available
Half of the UK’s 30,000 plus scaleups expect to raise finance this year, either through debt or equity.
But 40 per cent of scaleups perceive that there is not enough capital available to meet their growth needs, according to a Scaleup Institute survey.
Last summer the Scaleup Institute identified a £15bn funding gap between what Britain’s fast-growth businesses need and what is actually available. Other countries have much greater pools of institutional finance going into the entrepreneurial economy.
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Research reveals a quarter of students have decided to pursue a tech career since the pandemic
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However, during the UK’s first ScaleUp Week, 46% graduates reveal universities still encourage applications to large over small organisations, and 23% are given no advice at all
Females find it harder (31%) to secure their first tech roles compared to men (21%), survey shows
Manchester, UK; 17th May 2021: Almost a quarter (22%) of 16-17 year olds have decided to pursue a career in tech since the pandemic. That’s according to research from UK scaleup Talent Works, which surveyed UK students and tech professionals in the early stages of their careers on their education and the journey into tech.