UK cleantech entrepreneurs predict green growth

15.04.11

Research released by Carbon Trust today has shown that the UK’s cleantech companies are optimistic about their future, despite wider economic uncertainty.

The cleantech companies see healthy growth ahead thanks in part to government green legislation and policies.

Amongst the findings were these statistics:

• 77% of companies are planning to recruit in the next 12 months
• 37% plan to move into new export markets in the next two years
• When asked to rate their confidence levels on a scale of 1 - 10 for today and a year ago, median confidence has increased from 6 last year to 8 today

Benj Sykes, director of innovations at the Carbon Trust, said:

“A thriving UK cleantech sector is essential for green growth in the UK. Our research shows that cleantech innovators are feeling optimistic about their prospects and have ambitious plans for the future. However, access to finance, along with a stable policy environment, will make or break these growth prospects. The sector offers significant growth opportunity and investors should now seize the opportunity to be part of this new industry.”

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