HOW GROWTH FLAG WORKS WITH INNOVATION AND FUNDING BODIES

Find high growth potential firms.
Target innovation funding.
Deliver and monitor impact.

Innovation and funding bodies need to ensure that investment delivers real, measurable impact — supporting the right businesses, sectors and places to drive productivity, innovation and long-term economic growth. Growth Flag provides a robust, evidence-led foundation for identifying where that impact can be achieved.

Growth Flag enables you to move beyond eligibility-based funding models to identify where funding is likely to make a real difference. It helps you prioritise high-potential businesses and emerging sectors, while also supporting the identification of priority sectors such as IS-8 and core skills development areas.

How Innovation and Funding Bodies use Growth Flag

Target funding to high-growth potential businesses

Our data allows teams to identify businesses with the strongest likelihood of growth, based on forward-looking indicators rather than historic performance alone. This helps focus funding and innovation support on firms that are most likely to scale and deliver economic impact - a key national priority and role of innovation bodies.

 

Identify emerging sectors and innovation opportunities

With Growth Flag, identify where new and emerging sectors are developing, and where clusters of innovative activity are forming. Use this insight to shape funding priorities, calls and programmes around future growth opportunities.

 

Strengthen programme design and delivery

The latest business data supports teams to design more targeted programmes and align support to business needs. Ongoing monitoring allows for earlier interventions, quicker feedback loops and earlier opportunities to adapt and tailor interventions that reflect real dynamics within the economy.

 

Track impact and evaluate return on investment

Move beyond single end of programme evaluations by using Growth Flag portfolios to continually monitor and report on progress. Our data provides tracking of changes in growth potential, performance and risk, helping teams evaluate what is working — supporting accountability and continuous improvement, as well as the case for future programmes and funding.

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