Jonathan Morley discusses the 'huge growth' in Gloucestershire driven by private capital for SoGlos
Beneath the national headlines about economic challenges there is a far more uplifting story to be told, in Gloucestershire at least – a story of ‘huge growth’ being driven by private capital, entrepreneurial spirit and professional expertise.
Jonathan Morley, Partner, provides comment for SoGlos.
"It is easy to focus on increasing prices and the rising cost of debt, but we have to remember there is a huge growth story here – and the whole tech sector especially in Gloucestershire is well-placed to take advantage of that. But the opportunities are across the sectors.
There has been a shift in recent years away from more traditional funding towards a more diverse, flexible range of finance options.
Firms were once forced down a particular route where owners might have had to give up a share of the business; 10 or 15 years ago the only option might have seemed like their bank. Things have moved on.
In terms of the county’s economy, Gloucestershire is a pretty broad church; engineering; manufacturing; leisure; sport; hospitality, but tech is one of our key sectors.
The region is attracting talent that is necessary to develop these businesses and help create the innovation. It is an exciting to be a business owner in the tech sector in Gloucestershire."
Read the full article first published in SoGlos here.