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British businesses are missing opportunities to secure investment, grow and scale up because of misunderstandings in what investors are looking for, according to a new report published by Innovate UK.
The region's entrepreneurs are in a strong position to help others scale up, and by doing so create jobs.
EIB Vice-President Pim van Ballekom commented: "This InnovFin transaction will enable Every Angle to scale up operations quickly in a highly competitive market, thus also contributing to the creation of highly skilled jobs by supporting the companys expansion plan.
However a lack of new scale up businesses, and current market uncertainty risk the UK under-performing and could now harm growth, according to the Barclays Entrepreneurs Index.