The government and trade associations already work together to identify opportunities to promote UK businesses overseas and create the right incentives domestically to develop capability in those areas. In the same way that these institutions act as a platform for UK business, UK corporates that build relationships with early stage, ambitious businesses will be able to act as a platform to promote their complementary capabilities abroad, going to market together.

The benefits of working with corporates acknowledged by our scaleup community included access to funding and commercial expertise, all of which are highly valuable for scaleups who want to grow quickly and sustainably.

 “Often growing tech businesses do not have the assets that banks and other traditional lenders would lend against. There is a dilemma about how to lend against the unrealized potential of tech intellectual property, rather than tangible assets. Cracking this conundrum is critical to unlocking the growth and innovation in these high potential businesses. Alternative Lenders could be the answer…” Fenton Burgin, Head of UK Debt Advisory, Deloitte