The Race to Innovation
In 2016, we've seen significant growth in technology startups entering a crowded market. According to the Centre for Entrepreneurs, the total number of new startups launched in the UK alone, has grown by 50% between 2011 and 2016. Whilst the number of startups launching continues to accelerate each year, the survival rates are still low. In the tech sector alone, 92% of start-ups fail before hitting 3 years.