Post by Sister
4,325 followers
What makes the biggest difference when scaling a startup? Our new report, ‘Innovation Nation: The Regional Engines For National Growth,’ tackles the barriers holding scale-ups back across the UK – arguing that the key to national economic renewal lies in unlocking and connecting powerful regional innovation ecosystems beyond the Golden Triangle. You can read the full report via the link in comments – but here’s a snapshot of some of the key insights from experts who contributed their perspective: 🔒 1. Protect your IP early - "The key is to find problems early. You want to know as soon as possible whether something is viable before significant resources are committed." Julie Myint, Director & Patent Attorney at Gateley IP 📍 2. Choosing your location to extend your runway - ‘’Founders are making rational decisions. They’re choosing places where they can build teams sustainably, not just survive.’’ Denise Kelly, Investment Advisor at Seventure 🧠 3. Dedicated hubs can connect founders with specialist expertise and mentorship - “I’m a great believer in having entrepreneurs in residence,” Professor Nicholas Barnes PhD, FBPhS, Principal Founder and CEO at Celentyx Ltd 💰 4. Deep tech start-ups require long-term investment - “What we really need is patient capital… Evergreen funds that aren’t constrained by a ten-year horizon and can support companies over longer periods.” Rupert Lyle, Fund Principal at West Midlands Co-Investment Fund 📊 We’re curious to hear directly from the founders and entrepreneurs: What is the single biggest factor in successfully scaling a startup? - Early IP Protection Strategy - Smart Location - On-Hand Mentorship - Securing 'Patient Capital' Is there anything missing from this list? Tell us your thoughts in the comments below ⬇️ #Sister #InnovationNation #Manchester #NorthernPowerhouse #StartUps #UKTech