New VCTA Research Finds Scale-ups Held Back by Growth Funding Gap
The research - gathered from a survey of 119 fast-growing firms - highlights that scale-ups identify insufficient capital as the most significant barrier to growth, with over a third (36%) identifying it above all other factors.
- The research - gathered from a survey of 119 fast-growing firms - highlights that scale-ups identify insufficient capital as the most significant barrier to growth, with over a third (36%) identifying it above all other factors.
- The latest figures from the VCTA show that VCT investment grew in 2022 to £664m from £613m in 2021, unlike the wider market downturn.
- Close to two fifths (17%) of respondents identified a lack of tech talent as their biggest barrier to growth.
- This is particularly important during economic downturns, when funding is even harder to come by, and VCTs may be the only source of capital.