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

The secrets to growth: Why Britain’s SME community is no different to Germany’s ‘Mittelstand’

There’s a movement sweeping the Germany economy. A powerhouse of SME growth that makes up 99% of Germany’s overall business economy. Over 3m of Germany’s businesses, making up the majority of the business landscape, are SME businesses – and are known as The Mittelstand. They, typically, have fewer than 500 employees and see annual revenues of up to 50 million Euros. However, it’s not the pure statistical categorisation that defines these businesses as being the Mittelstand. It’s something much stronger, and much more important. It’s a complete business mindset. A business culture so unique that the results of all those [...]

2018-04-12T09:48:52+00:00 April 12th, 2018|Corporate Venturing, News, SME Growth|Comments Off on The secrets to growth: Why Britain’s SME community is no different to Germany’s ‘Mittelstand’