Providing UK businesses with a platform to grow
File type: pdf
File size: 27.98Mb
case_studies
Providing UK businesses with a platform to grow
Supporting UK businesses to grow through the provision of networking, collaborations, and introductions
Connected Places Catapult’s provision of networking, collaborations, and introductions has allowed Small and Medium-sized Enterprises (SMEs) to make connections and to find pathways to growth in several ways. The Catapult’s convening role has supported access to markets and customers, increased credibility, created partnership opportunities, accelerated product development, increased turnover, and created jobs.
Connected Places Catapult impacts on business growth
For beneficiaries of networking, events and accelerator programmes.
● SMEs anticipate benefitting from an estimated £20.1 million turnover uplift by 2026/27.
● SMEs have created 105 new jobs to date.
● SMEs will benefit from an estimated £3.5 million of Gross Value Added (GVA) between 2025-2028.
Challenges
Barriers to growth experienced by SMEs show that there is a demand for neutral meaningful convening, particularly between and amongst pioneering startups, innovative SMEs, industry, and government.
01
SME innovators require opportunities to access and work with industry to develop solutions for real world problems.
02
Multi stakeholder ecosystems are
essential to create innovation, but
they often have complex commercial partnerships for sharing data, acquiring
datasets and services.
03
Innovators face difficulty in identifying and raising investment to commercialise solutions.
Find out more about how we're unlocking growth for innovative SMEs.
Providing UK businesses with a platform to grow
File type: pdf
File size: 27.98Mb
Further Reading
