The SME powerhouse: The industries driving the British economy

In a recent blog post, we discuss the phenomenon that is the Brittelstand: a name-sake to Germany's Mittelstand: A powerhouse of SMEs driving the Germany economy through innovation, agility and long-term growth focus. And in the UK, the same trend is fast developing. Delving into industry-specific characteristics of this growth, in Germany, Mittelstand firms often manufacture and sell niche products, and as a result, the growth of construction and manufacturing businesses surpasses that of  IT start-ups for example, as they "have less venture capital", according to Winfred Weber, professor of management at Mannheim University of Applied Sciences. But things in [...]

2018-04-12T10:15:49+00:00April 12th, 2018|News, SME Growth|Comments Off on The SME powerhouse: The industries driving the British economy