The East of England’s heritage of fostering entrepreneurial businesses continues, as it bucks the national trend and enjoys increasing investment. The region is home to the third-highest number of high-growth companies in the country, with 360 – almost 9% of all UK high-growth companies. London has 1,529 and the South East has 572.
The number of companies with venture capital funding has increased from 19 in last year’s research to 25, while the number receiving expansion funding has decreased slightly, from eight in last year’s research to six. In terms of number of companies receiving funding, East of England ranks mid-table against other regions, with London (89), the South East (54), Wales (32) and Scotland (25) seeing greater or equal numbers of companies securing venture capital funding.