The good news is that two thirds of scale-ups are already involved in international trade and are looking to pursue more overseas opportunities, and even for those who are not currently trading internationally, 21 per cent plan to start doing so, 18 per cent plan to start exporting and 6 per cent to start importing.
If Welsh scale-ups are to benefit from the PS5bn of public expenditure on goods and services annually, the Welsh Government must simplify procedures.
Mr Smith said technology startups and scale-ups have the potential to transform the economic prospects of Newcastle and the North East, but without informed and meaningful representation, creating a sustainable environment that encourages and nurtures these businesses is a challenge.
Amo Kalar, Deputy Trade and Investment Commissioner and the driving force behind this world-beating initiative said: "As we exit the EU, the UK will become an even stronger proposition for India's brightest tech scale-ups and entrepreneurs.
While scale-ups are also more likely to have a younger owner, be family-owned and be more profitable, what really differentiates them from other SMEs is their higher propensity to be innovative, international and strategically-oriented.
As compared to other SMEs, scale-ups are more likely to be younger businesses (i.
These people know what scale-ups need, because they have scaled up themselves.
We believe that backing startups and scale-ups now will help produce a mature and sustainable private sector in the near and medium term.
While each company's approach is unique, the lessons learned from the first wave of bio-based materials and chemicals scale-ups and product launches provide valuable insights and lessons," said Julia Allen, Lux Research analyst and lead author of the report titled, "Synthetic Biology: Applications and Lessons Learned in the Field of Bio-based Materials and Chemicals.
Once programmes finish (after a year), sometimes we go to scale-ups to attract donors, but sometimes we don't -- we're not going to keep scaling, scaling, scaling.
The Digital Dozen programme, now in its third year, has undergone significant changes to become a fullscale six-month accelerator programme - and is open to start-ups and scale-ups looking to raise investment over the next six to eight months.
Engineer packaging with pre-serialized 2D and RFID solutions and launch structured pilot programs and production scale-ups