Acturis has been announced as one of the first 25 high growth companies to be invited onto the Government’s Future Fifty programme, and the only insurance related business so far to be invited.
The programme, unveiled in April 2013 by Chancellor George Osborne and Tech City CEO, Joanna Shields, is designed to help 50 high-growth businesses accelerate growth. The government supported concierge-style service will support the selected member companies with help from experts from various disciplines with aspects such as promotional support and trade advice for issues ranging from immigration to exports and international trade. The other 25 companies invited to the programme come from industries ranging from fashion, to leisure, consumer goods to property and services, including companies such as Hailo, Zoopla, MADE.com, Skyscanner, One Fine Stay, and Just Eat.
Tech City’s CEO Joanna Shields said: “There is a rising tide of successful, high-growth businesses in this country. But if we want to enable them to achieve their true potential, transform the markets in which they operate and generate significant economic benefit, we must do everything we can to help them grow. The Future Fifty programme will ensure that this remains the best place in Europe to imagine, start and grow a business.”
High-growth businesses are the engines of economic growth, with research from NESTA suggesting that a minority – just 6 per cent – generate more than half of all new, high-value jobs.
Acturis Co-CEO, Theo Duchen said: “We are delighted to have been selected as one of the first companies to participate in this programme. The Government needs to do more to encourage growth from the UK’s tech sector and this programme is a great way of starting to do something concrete. As we embark on our next growth stage and international expansion, this kind of support is invaluable and we are extremely grateful to have been invited onto the programme.”