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KPMG Acceleris announced the launch of Wired for Growth, a new task force aiming to support the growth of startups in the North West.
The task force brings together investors, advisors, trade bodies, banks, governing bodies, universities, founders and business leaders.
The group will focus on helping the region’s founders to navigate barriers and identify the opportunities that exist for start-ups.
The playbook takes founders through the three phases of venture scale growth and financing: starting up, raising first equity and scaling your business.
To mark the launch of the taskforce, the group has released a report and playbook to guide founders through the stages of business growth and venture funding.
The report also includes recommendations for how the region’s ecosystem can better support founders.
KPMG Acceleris led the report, with sponsorship from HSBC UK, Manchester Digital, North West Business Leadership Team, YFM Equity Partners and London Stock Exchange.
Patrick Molyneux, partner head of products and partnerships at KPMG Acceleris, said: “Wired for Growth is the North West’s call to arms to scale the innovative companies of the future. Our region has long had all of the ingredients needed to help our start-ups truly stand out on the world stage and thrive.
“This task force brings together key players in the start-up ecosystem to improve the experience of founders in the region and help them to achieve their full potential. Our aims and recommendations have been informed by speaking to founders who have experienced challenges, and want to improve the experience for future innovative companies forming in the North West.”
He added: “Wired for Growth presents a unique opportunity to take a holistic view of the ecosystem to help close the funding gap for founders. Listening to real experiences and taking that onboard with the expertise of business, academia, investors, governing bodies and advisors offers a proposition in the North West that has not yet been seen, and it sets an example for other regions to follow.”
