{"id":38353,"date":"2018-07-19T15:52:25","date_gmt":"2018-07-19T14:52:25","guid":{"rendered":"http:\/\/www.enterpriseresearch.ac.uk\/?p=38353"},"modified":"2022-05-12T12:23:23","modified_gmt":"2022-05-12T11:23:23","slug":"38353-2","status":"publish","type":"post","link":"https:\/\/www.enterpriseresearch.ac.uk\/38353-2\/","title":{"rendered":"Supporting start-ups and local business"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><h4><strong>Start-ups are crucial to the growth of the UK economy, with nearly 600,000 companies established last year \u2013 but support is needed to sustain local businesses beyond the start-up phase.<\/strong><\/h4>\n<p>Growth of small business is an important part of driving economic progress and rebalancing the UK economy. The UK now has a larger number of start-ups than ever before, but we know much less about how many survive and reach at least \u00a31 million in revenue after an initial three years. Getting to the &#8216;first million&#8217; is a milestone ambition for many entrepreneurs striving to sustain and expand their businesses.<\/p>\n<p>Research shows that almost half of all start-ups do not make it to their third year. The\u00a0<em>UK Local Growth Dashboard 2018<\/em>\u00a0report, published by the Enterprise Research Centre, presents a set of growth metrics for start-ups and existing firms across the UK, particularly focusing on the 38 English Local Enterprise Partnership areas.<\/p>\n<p>The ESRC published a briefing based on the UK Local Growth Dashboard.<\/p>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-0  avia-builder-el-no-sibling ' ><a href='https:\/\/esrc.ukri.org\/news-events-and-publications\/evidence-briefings\/supporting-start-ups-and-local-business\/' class='avia-button av-leslch-ec66f88d74e774a6d78f856cc267c85b avia-icon_select-no avia-size-medium avia-position-left avia-color-orange' target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Read the briefing here <\/span><\/a><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Start-ups are crucial to the growth of the UK economy, with nearly 600,000 companies established last year \u2013 but support is needed to sustain local businesses beyond the start-up phase. Growth of small business is an important part of driving economic progress and rebalancing the UK economy. The UK now has a larger number of&#8230; <a class=\"moretag\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/38353-2\/\"><strong>Read more<\/strong><\/a><\/p>\n","protected":false},"author":15,"featured_media":38354,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/posts\/38353"}],"collection":[{"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/comments?post=38353"}],"version-history":[{"count":6,"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/posts\/38353\/revisions"}],"predecessor-version":[{"id":45240,"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/posts\/38353\/revisions\/45240"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/media\/38354"}],"wp:attachment":[{"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/media?parent=38353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/categories?post=38353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/tags?post=38353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}