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What can SMEs do to accelerate their journey to Net Zero?

On the eve of COP26, attention is firmly focused on the climate challenge and the need for action by governments, big business, and households. Yet there will be no transition to net zero without small and medium sized enterprises (SMEs). Why would small business leaders adopt net zero practices? Many SMEs are still reluctant to… Read more

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COVID hammers UK firms – but sparks digital ‘pivot’ for some

Over 40% of UK’s small and medium-sized firms report COVID-related hit to turnover, while 3 in 10 forced to cut jobs Around 200,000 firms could be close to collapse based on analysis of those trading insolvently or running out of cash But a fifth of firms report positive impacts from the pandemic, with many embracing… Read more

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Could Covid-19 give SMEs strategic space to improve productivity?

For a long time, the UK has produced many firms that perform poorly yet manage to survive. Various descriptions of these firms have been used. In recent debates about productivity for example they have been referred to as ‘the long tail’ of underperforming businesses. Shortening the long tail has been identified as a policy priority… Read more

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New report reveals immigrants eye for business

New report reveals immigrants eye for business Immigrants are more likely to start their own business than people born and brought up in the UK, according to new figures. The Global Entrepreneurship Monitor (GEM) UK Report, published [12th May], analysed early-stage start-up activity as part of an in-depth study into entrepreneurial trends, attitudes and aspirations… Read more

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Why do some firms survive a crisis and others don’t? Europe-wide study launched to find out

• Europe-wide study by the Enterprise Research Centre (ERC) to find out what makes small and medium-sized businesses good in a crisis • Researchers from Aston and Warwick business schools to lead the study, supported by the JPMorgan Chase Foundation 5 February 2018 | Birmingham, UK. An international study of small and medium-sized firms has been launched… Read more

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Three more years of enterprise research announced

• The Enterprise Research Centre has secured funding for three further years of rigorous research into SME growth and entrepreneurship The Enterprise Research Centre has secured funding for three further years of research on the state of entrepreneurship and SME growth in the UK. The ERC, a network of researchers with a core team based at Aston… Read more

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Minorities and immigrants ‘twice as entrepreneurial as white Britons’

• People from ethnic minority backgrounds and immigrants to UK are twice as likely to be early-stage entrepreneurs  • New Global Entrepreneurship Monitor (GEM) findings show gap has widened sharply since financial crisis of 2008 • Women, younger people, ethnic minority groups and migrants more likely to be motivated by ‘creating meaning’ as well as making money when… Read more

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Europe-wide study on ‘shock-proof’ firms ahead of Brexit

 Two-year project will learn lessons from 3,000 of Europe’s most resilient firms to spread best practice  Focus on under-represented groups will seek to understand how entrepreneurs overcome barriers With 70% of European jobs in SMEs, study is seen as vital pre-Brexit to cushion economic fallout A new study on business resilience in five European countries will draw up… Read more