Starting a high-growth business

Pre-start technology businesses with high-growth potential may be eligible for support from the High Growth Start-up team at Scottish Enterprise. You can get help with finding funding, building your team and business planning.


2 min read

1. Overview

If you're starting a technology business with high-growth potential, you may have the option of receiving support from the High Growth Start-up team at Scottish Enterprise.

The High Growth Start-up team works with pre-start businesses across Scotland. They have very strict eligibility criteria, but if you qualify you will receive intensive hands-on support.

2. About the High Growth Start-up team

The High Growth Start-up team works with pre-start technology businesses that have the potential for accelerated growth. They typically take on 10-14 new businesses a year and can continue to work with them for up to two years, or longer in exceptional cases.

If you're eligible for assistance, the High Growth Start-up team will work with you to help you develop a fully-funded new business. During this process, they will provide support to you to create a business proposition that you can present to investors.

The High Growth Start-up team does not invest in or provide seed funding for start-up businesses.

The High Growth Start-up team offer assistance in a number of key areas, including:

  • advising on an appropriate business model
  • identifying potential funding sources
  • finalising your staff hiring plan

They may also provide matched financial contributions towards key business development costs.

If you feel that you are yet to reach a stage of high growth, you can still access start-up support from Business Gateway. You can call Business Gateway on 0300 013 4753.

3. Eligibility criteria for High Growth Start-up support

To qualify for assistance from the High Growth Start-up team, you should be starting a Scottish business that will achieve a minimum £5 million valuation within 3 years or have revenues of £5 million within 5 years.

When assessing your project, the team will consider:

  • competitive advantage
  • market size, growth rate and barriers to entry
  • channels to market
  • sales cycles
  • funding and investment needs
  • experience, expertise and ambition of founders and management team
  • intellectual asset ownership and protection
  • technology readiness level and proximity to revenues
  • market segment and export potential
  • business model and scaleability
  • key milestones
  • profit margins and overall viability

Applicants will also be invited to attend a panel interview.

If you think you meet the criteria, you can speak to your local Business Gateway office

If you're not eligible for high-growth assistance, you can still access start-up support from Business Gateway. You can call the Business Gateway Helpline on 0300 013 4753.

Read our guide Use innovation to start or grow your business.

Get the support you need right now

You can connect with us through the contact form, call us or contact your local Business Gateway office.

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