When thinking of start-ups, the image of tanned Ivy League dropouts developing complicated pieces of software from their unconventional Californian workspaces often springs to mind. But the reality of launching a business – big or small – from scratch can be very different, as is often the case with those starting up manufacturing in the UK. Rita Lobo examines the challenges of taking the first steps in manufacturing.
Britain is a nation of big ideas when it comes to designing and developing new products, but over the past couple of decades manufacturing has dropped from 17% of national GDP in 1995 to just under 10% today (World Bank and OECD National Accounts data). And as the sector contracts, so does the number of…
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