As demonstrated with our 2024 Impact Report, Plexal has a proven track record. Through collaboration with government, industry and startups, we’ve supported growth of over 1,200 businesses, contributing £731m to the UK economy and generating 9,400 jobs. To enhance this further we’ve opened a new division, Growth Partnership, to directly empower the country’s SMEs, which account for 99.8% of companies nationwide.
The UK Government has outlined its number one mission is economic growth. Interventions such as grant funding and accelerators are powerful steps to get startups, scaleups and SMEs going but Plexal recognises more can be done to ensure always-on growth support. Understanding that the journey of a growing business is incredibly complex, Plexal is focused on getting these companies to their peak potential with Growth Partnership.
Growth Partnership comprises an experienced team of business consultants, technologists, product managers and investment specialists, with more hires to follow, who are geared up to deliver one-to-one support for UK startups, scaleups and SMEs.
Our process begins with a free consultation to measure where the business is on their scaling journey, learn the key milestones and explore priorities ahead, such as fundraising, customer acquisition and product development. Once this is complete, a unique growth plan will be created, key focus areas will be agreed and the relationship will commence – acting as an extension of the company’s team.
Growth Partnership enables companies to proactively register independently at an affordable rate. In addition to Plexal experts, Growth Partnership will also bring like-minded collaborators together for events, learning and development and networking.
Andrew Roughan, CEO at Plexal, says: “The UK Government has made it clear economic growth is essential to maintain and improve our standards of living. We understand this mission at Plexal, having collaborated with government departments in different business sectors, on various technologies and across regions.
“Building out a dedicated Growth Partnership as an always-on support system takes us further, helping businesses overcome challenges and reach their peak potential. We don’t believe there’s a proven, high-quality, results-oriented organisation available to support the growth of individual companies, which is why Plexal is closing this gap.
“We’ll draw on our extensive expertise of supporting startups, scaleups and SMEs across government and industry-backed programmes, helping them to accomplish their goals. This has seen our alumni generate over £1bn in revenue and secure £898m of investment. We’re incredibly passionate about Growth Partnership and ready to roll up our sleeves to remove barriers faced by SMEs, standing shoulder-to-shoulder to bring their future into focus.”
Watch on below for a full Growth Partnership walk-through from Andrew.
