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Boosting Finance for Engineering & Technology

IET factfile: Boosting Finance for Engineering & Technology

This discussion paper comes at a time when the UK government, under prime minister Theresa May, has committed itself to develop and implement a new industrial strategy.

The document is the result of a new collaboration between the IET and the ICAEW to stimulate discussion about how the government, market participants and the two institutes could together help boost public and private investment in innovative engineering and technology ventures.

Members of the IET and ICAEW are very actively involved – at a senior level – in the vast majority of the UK’s engineering and technology businesses.

Many growing engineering and technology businesses now need to diversify their sources of investment and become even more effective in accessing funding from a variety of investors and lenders – not least given the UK’s impending departure from the European Union.

To illustrate some of the challenges and opportunities faced by those who are shaping a new industrial strategy for Britain, we have interviewed CEOs and profiled seven quite different engineering and technology companies across the country – ranging from long-established, successful global businesses such as Rolls-Royce plc to high-growth, early-stage companies