This week, International Trade Secretary Dr Liam Fox MP told the Export and Future of Trade Forum that the UK has a ‘golden opportunity’ to succeed following Brexit by supporting British businesses, SMEs and Start-ups. One of the keys to providing this vital support is a robust community of investors and entrepreneurs working together to take advantage of the chance to grow and scale.
Small and Medium-sized Enterprises (SMEs) are going to be absolutely key to the state of the economy in both the near and distant future, as SMEs account for 98% of all private sector businesses meaning their growth is closely linked to the economy as a whole. These small businesses contribute £1.9trillion annually to the economy of the UK. In other words, the health and wealth of SMEs will directly affect the state of the UK economy.
At a more personal level, SMEs employ around 16 million people around the country, this represents almost half of the employment in the UK. Not only is it already a significant percentage, but the rate at which it is creating jobs as a sector is also three times higher than the rate for big businesses and corporations. With all of this in mind the importance of the workers and firms behind the numbers are coming into focus as the real protagonists in the quest for post-Brexit economic security.
Investing in high-growth companies is a vital part of helping the SME arena to thrive in the future. The UK has some of the best, brightest and most ambitious entrepreneurs and innovators in the world, who offer myriad opportunities to disrupt and challenge a range of sectors. In the last year IW Capital has seen a record amount of deal flow in terms of the number of business looking for investment and a huge appetite from our investor base to support small businesses.
IW Capital is keen to help SMEs that need assistance to plan for the future and find the right kind of investment in order to help them reach the next level.
To find out more about IW Capital, or for more information on investment and non-executive opportunities, please speak to a member of the IW Capital team today on 020 7015 2250, or email info@iwcapital.co.uk
