Marketing Director, Rainmaking Expand
The United Kingdom is a global business hotspot, offering a wealth of opportunities for startups and entrepreneurs alike. With its robust infrastructure, highly-skilled talent pool, competitive tax system, and access to the European Union, there is no doubt that it is one of the most attractive business destinations in the world.
Furthermore, companies can gain great benefits by entering the United Kingdom, some of which we have listed below:
The UK — and London in particular — boasts a dynamic entrepreneurial community, supportive policy environment and strong infrastructure created by the UK government. Startups and SMEs are able to take advantage and benefit from robust networks, favourable policy incentives and regular opportunities to meet and cooperate with other ecosystem stakeholders.
As the VC and unicorn capital of Europe, the UK market is the ideal stepping stone for companies that wish to take advantage of opportunities in Europe as well as the UK’s world class capital markets and professional services. In addition to the UK’s large consumer base, companies are able to easily reach the broader European market of over 500 million customers.
Companies can easily establish in the UK, with very few hurdles to clear. Starting or registering a business is easy and is not subject to any visa or residency requirements. Furthermore, the UK makes running a business relatively simple in comparison to other European countries and boasts a diverse and highly educated workforce.
The UK is the leading market in Europe for Venture Capital, and leads in terms of volume of funding provided to startups, with total funding exceeding $19.6 billion in 2022. A variety of UK government policies that incentivise VC investing makes investors eager to explore opportunities to fund companies in the UK.
The UK is home to a variety of different industries and constant infrastructure improvements create new opportunities for companies on a regular basis. Almost every sector has clear opportunities, but startups in energy, transportation, waste management, financial services, tourism and telecommunications can benefit from recent growth and a need for improvements.
The UK government has established a variety of benefits for companies to utilise in the market, and has created dedicated Enterprise Zones which provide extra support around business expansion and investment. Companies can access incentives and grants related to their industry to subsidise their investments and can also benefit from tax relief.
Interested in scaling your business to new markets?
Rainmaking Expand is for growth stage startups & SMEs looking to accelerate market entry into multiple locations, focusing on business development and leveraging genuine commercial opportunities. Our Rainmaking Expand framework aims to accelerate companies’ speed to market while de-risking market expansion.
Our programs are accepting applications on a rolling basis. Explore our current markets available and apply now: