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A new report from the European Scaleup Institute, titled "Cracking the Growth Code: Traits and Strategies of High-Growth Firms in Europe," reveals that only 1 in 10 European companies manages to scale by more than 10% annually over a three-year period. The report identifies trends in high-growth firms (HGFs) across Europe, noting that younger HGFs achieve higher average annual growth rates, and the larger the firm size, the higher the growth rate. Additionally, it finds that only 10% of hypergrowers receive funding, often in the third year of hypergrowth, indicating that hypergrowth can be a catalyst for funding.

Participants

  • Erasmus Centre for Entrepreneurship (ECE)
    Role: General
    Reference type: Referenced

Media Outlets

  • ResponseSource (Online)