The Advanced Services Group is proud to have been recognised as a high-growth company and invited to join the InnovateUK EDGE Scaleup Programme. The programme supports a select group of companies on a journey to exponential growth. Admission to the programme follows a rigorous three-stage screening process.
The high-growth status recognises the industry’s rising interest in servitization and the challenges that come with it. Since the Advanced Services Group was founded, we have supported more than 450 businesses, and the Scaleup Programme incentivises us to make our expertise available more widely.
Over the next year, we will be supported by a team of high-calibre scaleup directors who will help us scale our most valuable offerings in those industries and regions where servitization is gaining traction. More and more companies are looking for insights and cutting-edge tools and frameworks to overcome the hurdles of this transformation journey. This initiative will help us to expand the reach of our world-leading services and support even more firms globally with their business model innovation.
Ian Machan, Managing Director of the Advanced Services Group, says, ‘We are thrilled to have been recognised as a high-growth company and selected for the Scaleup Programme. Servitization is a key trend globally, and we are excited to support more businesses in adopting this approach. Companies can improve their profitability, differentiation and resilience through servitization but the path the achieve this can be challenging and confusing. We look forward to helping firms choose the right path and navigate it to success.’
Maxine Adam, Head of Business Growth at InnovateUK, says, ‘Our work with the Advanced Services Group team is a great example of just how much value this programme can add to the endeavours of the business leaders we support. The inputs are varied and blend strategic thinking with invaluable hands-on tactical guidance, to create outcomes that deliver real commercial advantage. It’s a pleasure working with the Advanced Services Group Directors at this pivotal time for their business.’
Speaking about the programme, she adds, ‘The Advanced Services Group is a perfect candidate and we are looking forward to helping it scale up, drive growth, and realise its potential as a high-performing and world-leading business’.
About The Advanced Services Group
The Advanced Services Group are specialists in Servitization and Advanced Services. We support global industrial firms and technology innovators to grow and succeed through the development of services-led strategies, outcome-based services and business model innovation by providing advice, training, research and a community of like-minded practitioners.
About InnovateUK EDGE
InnovateUK EDGE is Innovate UK’s national business growth and scaling service. It empowers ambitious innovation-focused SMEs in every sector and from seed to scaling stage, to succeed and become highly investable.
The specialists are embedded in all nations and regions and help leadership teams from client businesses hone the commercial strategy around their innovations. This extends to support, in the form of advice, access to resources and introductions to partners, across priority areas such as effective innovation management, internationalisation and investment readiness.
The most dynamic scaling businesses may be eligible for the InnovateUK EDGE Scaleup Programme. This offers enhanced support via an expert Scaleup Board and its extended connections, that prepares clients for serious fundraising and international expansion.
www.innovateukedge.ukri.org