Joint Report Finds that Scotland Starts Businesses but Fails to Grow Them

More ways of filling the investment gap between early-stage angel funding and largescale funding are needed for emerging Scottish companies. This is one of the key findings in a new report by the RSE, Scottish Financial Enterprise (SFE) and the Institute of Chartered Accountants of Scotland (ICAS).

The three institutions came together during the past year to examine the challenges facing emerging companies in sourcing growth capital. Their report finds that the health and dynamism of the Scottish economy would be enhanced if more young businesses could be grown to a nationally and internationally significant scale.

The report notes that the Scottish investment infrastructure is relatively good at supporting promising businesses in the start-up and early stages. However, such businesses can find it difficult to attract the funding they need to progress and convert their early successes into substantial growth.

Read the full press release here: Joint Report Finds that Scotland Starts Businesses but Fails to Grow Them