Tuesday, May 11, 2021

Start-ups sought to share challenges in region-wide survey

A new region-wide survey has launched to discover the challenges start-ups across Yorkshire are facing at present.

Launched by Nexus, the University of Leeds’ innovation hub, the Nexus Business Barometer will survey start-ups and early-stage businesses in order to understand the biggest challenges they face.

The findings will be used to produce an in-depth report, designed to help businesses avoid pitfalls and seize opportunities to innovate and grow.

“We want to understand the future of business in our region and we’ll be exploring the hurdles faced by start-ups and early-stage businesses across Yorkshire,” said Dr Martin Stow, Nexus Director.

“We’ll use our extensive network of industry experts and partners to address the challenges identified in the survey and our Business Barometer report will help entrepreneurs to tackle them head-on.

“Our region has the potential to be a global centre for innovation-driven enterprises. We know from our own Nexus member businesses that there is huge potential to scale fast, create jobs and generate vital products and services to drive the economy forward.

“We’ll be working with our network of connections across Government, local authorities, business, academia and professional services to address the needs of business start-ups and we will listen very carefully to what business owners have to say in order to inform our support and guidance.

“There are a whole new set challenges in the current economic climate, but we know that Yorkshire’s brightest entrepreneurial and academic minds can work together to create truly innovative and ground-breaking results.

“We hope as many businesses as possible will respond to this survey, which will provide us with a vital template for our ongoing support programme.”

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