Next month’s election will be no different. The economy will be a key factor in how we all vote. And the future of Britain’s best and brightest small and medium sized businesses will in turn determine that economic health.
There are 4 million British SMEs that have an overwhelmingly positive effect on the health of the UK economy, job creation and the nation’s ability to innovate. We all need to care about what happens to these saviours of our future.
Many of the initiatives introduced by the last Government to support entrepreneurs and small businesses have been transformative. These initiatives have provided better access to finance, nurtured seedling enterprises and have helped to deliver economic growth.
Big business has a key role to play alongside government in helping to build on the success of the past few years: This week, the London Stock Exchange Group launches its next cohort of “Elite” companies. Elite offers businesses a full programme to help them grow, including education and direct contact with Europe’s financial and advisory community. Managements are guided on how best to fast-track their development and capital raising processes, how to access the most suitable funding, and given advice on building their profile and reach.
This election is important for these stars of tomorrow. As much as they need partners in the business world, they need a strong partner in government – a government that wants to support them and see them prosper.