Monument of Adam Smith on The Royal Mile, Edinburgh
With a strong track record of creating successful entrepreneurs, Scotland continues to punch above its weight when it comes to start-ups in the UK.
Scotland may be a small nation of just over 5 million people, but the creation of new companies has grown more strongly than the rest of the UK, at a rate of over 7%.
Official figures show there were 366,000 private businesses in Scotland at the end of last year, a figure that’s increased by more than half when compared to the year 2000.
Scotland’s thriving start-up community can be put down to several reasons, including proximity to other founders, access to talent, and a network of active investors.
Ceri Rogers, event director of the New Start Scotland Exhibition, explained: “More Scots than ever are looking to start or grow their own business, and why shouldn’t they be, as the hotbed of talent up here shines as brightly as anywhere else in the UK if not the world.”
“This is very much our message in the build-up to New Start Scotland and the Scottish Business Exhibition this year; budding entrepreneurs need to be brave and go for it as they have all the support, networks, and talent at their disposal to make a real success out of it.
“The Scottish business sector is jammed full of recent success stories, such as Skyscanner or Brewdog, so people do not have to look far to feel inspired.”
New Start Scotland has helped tens of thousands of people turn their dream business into a reality over the last 17 years.
It enables like-minded entrepreneurs to network with thousands of other business owners from around Scotland and get access to advice from experts in a diverse range of seminars and workshops on everything from sales and marketing to raising finance.
The Scottish Business Exhibition will be taking place alongside New Start Scotland at the SEC this November, the country's leading event for Scottish corporate, mid-market and large SMEs.
Rogers added: “As Scotland’s leading business exhibition there are obviously lots of good reasons to come along, the main one being it gives people the opportunity to develop key new business skills and grow their network by talking to peers, getting advice and even finding new clients.
“And of course you could win £5000.”
New Start Scotland and the Scottish Business Exhibition takes place on the 21st & 22nd November 2018 at the SEC in Glasgow, from 10 am - 4 pm daily.
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