Enterprise and skills review phase two report: supporting papers

Footnotes

1. MIT REAP (Regional Entrepreneurship Acceleration Programme), Increasing Innovation-driven Entrepreneurship in Scotland through Collective Impact, 2014, http://www.hie.co.uk/business-support/entrepreneurship/mit-reap/.

2. Sherry Coutu, The Scale Up Report on Economic Growth, November 2014, http://www.scaleupreport.org/scaleup-report.pdf,

3. Barclays Entrepreneurs Index 2016/17 vol 8

4. The OECD defines Scale-ups as enterprises with average annualised growth in employees (or in turnover) greater than 20 per cent a year over a three-year period, and with 10 or more employees at the beginning of the observation period. However, conditions across certain areas of Scotland, in particular the Highlands and Islands, mean that for practical support purposes a definition of scale could extend to employing one or more people and average annualised growth greater than 20% per annum over a 3-year period.