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Inspiring Capital is the leading hotbed for UK's Entrepreneurs

3rd August 2006

A new report has revealed that Scotland is the UK’s most entrepreneurial region.  The report has revealed that the country has more companies backed by venture capital per head of population than London. 

The results are based on the number of venture-backed companies per 1 million of the population.  Scotland has 54 venture-backed companies to London’s 53 - leading to Scotland earning the title of the UK’s most entrepreneurial region. 

Doug Richard of Library House, the private research group commissioned by UBS Wealth Management to carry out the research said:

“We have long known that Scotland is a hotbed of innovation, generating world-class companies.   However, with the hard evidence, we can now confirm that Scotland is the UK’s most entrepreneurial region.”

The study shows that Edinburgh ranks alongside Cambridge, Oxford and London as the country’s leading centres of business innovation.

To view the entire report visit the Library House website.

© Edinburgh Brand 2012