The analysis is based on conversations with 73 SMEs in the South East. These SMEs are innovative: they are developing a new product, process or service, and the majority have received grant funding from Innovate UK or are likely to apply for Innovate UK support in future.
Most SMEs have stabilised and reduced their outgoings to match income. They are now focused on rebuilding their order books although this will be easier in some sectors than others.
Oxford Innovation Advice offers Insights into SME needs and policy effectiveness for policy makers, funders and business support commissioners. It draws on our 30 years’ experience of delivering positive economic growth by enabling scale-ups to achieve their full potential. Each edition concludes with an ‘Implications for funders and Policy makers’ section.
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Update – Wednesday 15th December 2021
