High-growth firms matter to the economy. No matter what the economic conditions, they provide more new jobs than any other business type. Research has shown consistently that growth companies provide the core of every strong economy, and therefore remain a priority for local and national governments.
LESL is a major contractor to the public sector, developing business support services to many SMEs. We have a highly-developed understanding of government policy in this area, and how best to implement it.
As an example, we deliver the flagship Business Gateway programme in Lanarkshire. Business Gateway is the portal for all inquiries into the network in Scotland, and Business Gateway Lanarkshire is the highest performing gateway in terms of identifying growth prospects and supporting them.
We engage with more than 1 350 businesses in Lanarkshire every year, making sure they benefit from our knowledge of the business support landscape and provision from other agencies. The nature and intensity of that engagement is based on a formal initial assessment of their ambition, and real opportunity for growth. LESL has provided the "business growth" element of Business Gateway services in Lanarkshire since 2001, assisting more than 1 000 companies forecasting growth of more than £800 million, with increased sales and employment.