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17 September 2024

Underinvestment in UK start-ups sparks high-level roundtable talks

Lord Livermore, Financial Secretary to the Treasury joins 20 other innovation ecosystem leaders to discuss lack of investment in UK start-ups, which is at a three-year low.

Lord Livermore speaking at Investor Roundtable event

The UK ScaleUP Investment Mission Roundtable brought together founders, funders, industry trade bodies and policy organisations to address barriers and opportunities to accessing funding for ‘scale’, amongst ventures across diverse industries.

The event was hosted in collaboration with King's College London, British Business Bank and Beauhurst, bringing together key players such as The Entrepreneurs Network, Innovate UK, UK Business Angels Association, VenturePath, The Fund Incubator Limited, Enterprise Investment Scheme Association (EISA), British Private Equity & Venture Capital Association (BVCA), techUK, Startup Coalition and the Department for Business and Trade

King's Business School academics Professor Ute Stephan (Professor of Entrepreneurship), Dr Robyn Klingler-Vidra (Reader in Entrepreneurship and Sustainability) and Professor Rebecca Riley (Professor of Practice in Economics), were also present, alongside the Entrepreneurship Institute's Head of Ventures & Acceleration, Holly Knower. 

The conversation touched on several key themes:

  • Data - The need to open up public sector data to identify scaling businesses across the country, ensuring companies are supported at all stages of their journey.
  • Referrals - A requirement for greater collaboration across the private and public sector to join up the investment support offering, and improve visibility of scaling companies by life stage, to help VCs find and fund the best high-growth scaling businesses. 
  • Support - The provision of greater investor readiness support and guidance for high-growth founders; irrespective of location/background.
  • Celebrate - The need to celebrate successes, creating a narrative that the UK is the best place to build and grow a business, from startup through to exit. 

King's works hard to support innovative start-ups and spinouts, especially to access investment through the King's Investor Network. We were delighted to host this discussion, supporting Government to hear some practical suggestions to better optimise the investment landscape for innovators in the UK.

Julie Devonshire OBE, Director of the Entrepreneurship Institute (EI)

In this story

Holly Knower

Head of Ventures

Ute  Stephan

Professor of Entrepreneurship

Robyn Klingler-Vidra

Reader in Entrepreneurship & Sustainability

Rebecca Riley

Professor of Practice in Economics