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Our Executive Chairman, Douglas Hansen-Luke, was honoured to be invited to give evidence earlier this month to the UK HM Treasury Select Committee for its investigation into the UK venture capital market.
It was a fascinating and wide-ranging discussion on how to support our domestic entrepreneurs as they grow their companies.
Douglas was asked what he would want the British government to do to support funding for entrepreneurs across the UK and through their growth journeys. His response was threefold:
Encourage the biggest pension and local government funds to invest in this space
Finance skills-based exchange programmes for young innovators
Make data available on how our industries and companies rank globally
There is global competition for capital, and making clear what the government is investing in R&D and in the country’s various regions to help a range of start-ups will encourage more investment. We think Britain has the potential to have dozens, if not hundreds, of unicorns.
You can listen to the full discussion through the link below.
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