Defence: Procurement
The question
To ask the Secretary of State for Defence, how many UK defence scale-ups are being tracked by his Department.
Answered by Luke Pollard
UK Defence Innovation track relevant UK defence scale-ups. The Defence and Security Accelerator (DASA) Business Growth and Finance team tracks approximately 300 high-growth SMEs in real time using the Beauhurst platform. Around 70% of these companies are demonstrating scale-up potential, evidenced through annualised growth rates, revenue, equity investment and other signals.
The Business Growth and Finance team focuses on supporting SMEs with scale-up potential.
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