Puma Investments Backs Growth Accelerator's Hyper Growth Campaign (Angel News)
Puma Investments today announces its support for GrowthAccelerator's ‘Hyper Growth’ campaign, which has identified a group of businesses demonstrating exceptional growth in the last year.
'High growth' is usually defined as a 20 per cent rise in turnover or headcount for three consecutive years – GrowthAccelerator, a government-backed support service for ambitious businesses, has identified a group of 'Hyper Growth' businesses which have achieved the same level of growth in just one year.
Hyper Growth businesses:
- are GrowthAccelerator clients
- achieved 65% + increase in Gross Value Added (GVA) and / or employment growth in year one of GrowthAccelerator (FY12/3)
- achieved GVA growth of >£500,000 or employment growth of >10 people
Eliot Kaye, Investment Director at Puma Investments, commented: “Investing in growing businesses isn’t just about giving them money, it’s also about offering guidance and support in helping them to achieve their ambitions. GrowthAccelerator offers exactly this. As an investor, to see that a business has worked with a GrowthAccelerator Coach to iron out any issues demonstrates a high level of commitment to growth, and offers a potentially valuable investment opportunity. We're particularly excited to be involved with the Hyper Growth campaign, which offers some fascinating insights into the managerial approaches and culture of high performing businesses."
Read the full article on the Angel News website.