Identifying the scale-up potential of SMEs in your area


Area


Lancashire Cheshire Cumbria


Total SMEs Visible High Growth SMEs Scale-up potential SMEs 56,223 38,625 17,934


1,873 1,423 646


Greater Manchester 169,459 Liverpool City Region 64,324


Analysis provided by the SME Growth Observatory, May 2023 SME Productivity & Innovation Centre in numbers 239 SMEs supported 29% Average growth achieved 119


New products/services or technologies launched


523


Jobs created


“The support has been incredible working on the Innovation Sprint Programme at Edge Hill University. Taking time to work on the business, has allowed us to focus on areas of technical innovation and business development. As part of this process, we identified opportunities to introduce a digital service management software to maximise our customer base with more flexibility and scalability. As a result of the programme, we have successfully launched a new Equipment Service Division.” Marc Fitzpatrick – Managing Director


28-45%


Average profitability increase


4,781 1,818


3% 4% 4% 3% 3%


9,071 6,579 3,589


23,635 9,843


16% 17% 20% 14% 15%


£1:£13.30 Public ROI


198% INCREASE IN TURNOVER OVER 3 YEARS


10 NEW JOBS CREATED


LAUNCHED A NEW SERVICE DIVISION


ADOPTED NEW SERVICE MANAGEMENT SOFTWARE


LANCASHIREBUSINES SV IEW.CO.UK


13


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