A Year of Business Impact

Our work has delivered meaningful, measurable results.

Over the past year, we:

• Worked with 910 businesses, providing tailored advice and hands-on support to help them scale and adapt.
• Supported the creation of 609 new jobs and helped safeguard 1,244 roles, reinforcing economic stability.
• Secured £24 million in funding for businesses, delivering an 8.8:1 return on investment.
• Provided over 400 targeted growth and innovation support packages to ensure businesses had the tools they needed to compete in evolving markets.
• Facilitated 20 strategic partnerships and delivered knowledge transfer initiatives to 670 businesses, equipping them with the expertise needed to embrace innovation and change.

These achievements reflect our core mission: Enable success for ambitious organisations through an ethos of collaboration, sustainable innovation, and tenacity.

What This Means for the Businesses We Support

At BIC Innovation, we don’t just advise – we work alongside businesses to tackle their biggest challenges and unlock their potential. Our support has been particularly impactful in key sectors such as manufacturing, technology, food and drink, and sustainability, where businesses are navigating increasing pressures and rapid industry shifts.

Alun Thomas, Chairperson at BIC Innovation, commented:
“Behind every number in this report is a business that has worked hard to overcome challenges, adapt, and grow. Our role is to make sure they have the right support – whether that’s securing investment, building resilience, or finding new ways to compete in an evolving market. The results from 2024 highlight just how critical it is for businesses to have access to tailored guidance and financial backing, helping them make informed decisions that drive sustainable growth, not just for today, but for the future.”

Beyond securing investment, our focus in 2024 has been on practical, hands-on support, ensuring businesses have access to the skills, expertise, and connections they need. Whether it’s through targeted growth programmes, strategic partnerships, or innovation-led initiatives, we are committed to helping businesses turn challenges into opportunities.

Looking Ahead: The Future of Business Growth at BIC Innovation

As we look ahead to 2025 and beyond, we remain committed to:

• Helping businesses secure investment and funding to fuel their growth.
• Driving innovation and resilience, ensuring businesses have the right strategies to adapt and compete.
• Expanding our impact, working with even more businesses to create jobs, build strong industries, and contribute to a thriving economy.

Linda Grant, Managing Director at BIC Innovation, added:
“We know that running and growing a business is tough, and that’s why we focus on real, practical support that makes a difference. Whether it’s helping a company secure investment, refine their strategy, or connect with the right people, our goal is always to give them the tools to succeed. The resilience and innovation we’ve seen from the companies we support have been inspiring, and it’s a privilege to play a role in their success.

2024 was a milestone year for BIC Innovation, but we are not standing still. We have ambitious plans that will not only strengthen our organisation but will also create new opportunities for the businesses and communities we serve. At the heart of everything we do is a commitment to people – our team, our clients, and our partners. That will always remain our focus as we continue to evolve, grow, and deliver impact for years to come.”