Risk is part and parcel of being an entrepreneur, and the best among Britain’s startup community are those who can successfully manage and exploit uncertainty.
In our inaugural annual Risk Readiness Report, published with the international law firm Mishcon de Reya, we set out to better understand entrepreneurs’ attitudes to various questions of risk.
In 2019, we published research showing that half of the 100 fastest growing companies in the UK had a foreign-born founder. In Job Creators 2023, we have repeated our research — and find that the figure has shrunk to 39%.
While the headline statistic might have fallen, we believe the takeaway message remains the same — immigrants play a disproportionate role in setting up lucrative and innovative companies. As such, the UK should do more to welcome international talent to its shores, and we make a series of recommendations for how to do that.
