The Start-Up Britain Tour started in Canary Wharf yesterday as the government seeks to draw national attention to entrepreneurship and boost the number of businesses started across 25 locations throughout the country.
The number of businesses starting up hit record levels in 2014 with 581,000 new companies being created; this figure is expected to rise to 600,000 in 2015.
Start-Up Britain director, Matt Smith said: “Since Start-Up Britain launched in 2011 we have seen record breaking numbers of people each year starting businesses, showing that the entrepreneurial spirit within Britain continues to grow”.
This is good news for the government who are committed to driving an “enterprise led” recovery and creating economic growth and employment through small businesses.
Whether you are interested in starting a business or scaling up your existing organisation, the Start-Up Britain Tour aims to support enterprises with mentoring and workshops on common business issues including funding and investment, sales and marketing and exporting.
The tour also highlights the government’s commitment to extend its focus beyond the capital and into the regions. Business survivability beyond the crucial first three years varies from region to region so it is vital that funding and services to support business innovate to take into account the specific local entrepreneurial needs and business conditions. It is only by creating sustainable businesses that the positive trend in employment and economic growth will continue.