William Eichler 06 September 2022

Number of local business incubators double

Number of local business incubators double image
Image: NicoElNino/Shutterstock.com.

Business incubator and accelerator programmes in local areas have nearly doubled in number over the last five years, a new study reveals.

Research by The Centre for Entrepreneurs (CFE) has found that there are now over 750 structured business start-up programmes active across the UK.

In their report, Incubation Nation: The acceleration of UK startup support, the CFE found over 400 incubators, 300 accelerators and 100 other support programmes to help new businesses and SMEs to grow and thrive.

Programmes were identified across the UK and while the largest concentration is in London, there are now incubators in every LEP region in England as well as across Scotland, Northern Ireland and Wales.

CFE CEO, Timothy Barnes, said: ‘Incubators and accelerators are critical parts of the support infrastructure for new businesses, particularly those with the potential to scale and create jobs and economic growth for the whole country.

‘The rapid growth in the number and ambition of these programmes is a strong indicator of the health of the UK’s entrepreneurial ecosystem. As we emerge from the economic difficulties of the last few years and look ahead to more turbulent times good quality business support should matter to everyone.’

SIGN UP
For your free daily news bulletin
Highways jobs

Team Leader - Financial Services

Westmorland and Furness Council
£33,366 - £34,314
You will be joining a friendly, welcoming and supportive Finance team. Cumbria / Various
Recuriter: Westmorland and Furness Council

Library and Customer Assistant - WMF3038e

Westmorland and Furness Council
£25,183 (pro rata)
Are you looking for a role where you can make a real difference? Penrith, Cumbria
Recuriter: Westmorland and Furness Council

Lead Compliance Officer - WMF2113e

Westmorland and Furness Council
£55,119 - £57,362
Predominantly a rural county world famous for its stunning scenery Cumbria / Various
Recuriter: Westmorland and Furness Council

Assistant Chef

NHS Orkney
Band 3 (£28,011 - £30,230)
As Scotland’s smallest health board, NHS Orkney is driven by a bold vision Orkney and Shetland
Recuriter: NHS Orkney

Standards, Compliance and Development Manager - Children’s residential provisions

Oxfordshire County Council
£57187.00 - £60485.00
This role will lead on Quality Assurance, Standards development, and Regulatory compliance for Oxfordshire’s residential children’s provision, including the unregulated reforms 2022. The post holder will conduct internal inspections within the registe Countywide
Recuriter: Oxfordshire County Council
Linkedin Banner