Concierge service for business launched as part of mission to bring about the UK’s first trillion-dollar firm.
- Bespoke concierge service to help companies of the future in quest to nurture the UK’s first trillion-dollar firm
- Government launching new service to help scale-ups grow and stay in the UK
- New visa reimbursement scheme to help high potential firms hire the best
The Business Secretary will unveil a bespoke concierge service for the businesses of the future to start, scale, and stay in the UK.
The new concierge service, offering tiered support, will accelerate the most promising scale-ups, and build a strong pipeline of high-growth firms ready to break through. It will ensure that the current support for business is joined up and delivering targeted support to tackle issues facing promising firms in the country.
Whether the challenge is regulation, access to finance, procurement, another barrier to growth or access to global talent – its role will be to ensure government acts quickly and decisively to back the highest potential firms and, where necessary and appropriate, get out of their way.
It will develop and be built as it progresses with input from entrepreneurs and investors.
Business & Trade Secretary, Peter Kyle, said:
If we want the next generation of world-changing firms to be built in Britain, we must make Britain the best place in the world not only to start a company but, crucially, to scale one.
Britain has the ideas, talent, and ambition to lead the world – and this government is backing the businesses that will define our future.
We are partnering directly with high-growth firms to give them the support, finance, talent, and connections they need to scale here in the UK and create jobs right across the country.
The new offer will strengthen government support for scale-ups, building on action in the Industrial Strategy, including British Business Bank’s direct equity investments, InnovateUK’s new Velocity programme, and the launch of the Sovereign AI Unit.
Source: HM Treasury
