Management Science and Innovation

A report produced by UCL and four other leading academic institutions examining the Goldman Sachs 10,000 Small Businesses programme reveals how small businesses could be the key to getting the UK economy back on its feet - if the country’s high growth small businesses can realize their full potential and catch up with their international counterparts.

The report, entitled Stimulating Small Business Growth, charts the rise of the first 250 businesses to have completed the intensive four month Goldman Sachs 10,000 Small Businesses UK programme.

The initiative, which is funded by the Goldman Sachs Foundation, is designed for the leaders of established small businesses who have the appetite and potential to grow their enterprises. Participants benefit from a high quality, comprehensive package of support and expertise to help them take their businesses to the next level. UCL’s centre for entrepreneurship, UCL Advances, oversees the programme which is delivered by MSI's Dave Chapman and Gillian Lacey-Solymar.

Data collected independently from programme alumni, and published in the progress report, indicate that the intervention is helping participants grow jobs and turnover.