1、United Kingdom2024/2025 National ReportEntrepreneurial Insights in a Turbulent World Authors Mark Hart,Karen Bonner,Neha Prashar,Anastasia Ri,Samuel Mwaura,Sreevas Sahasranamam and Ines Alvarez BoultonUnited Kingdom 2024/2025 National ReportACKNOWLEDGEMENTSWe are pleased once again to have NatWest s

2、ponsor the 2024 Global Entrepreneurship Monitor UK Report.As the UKs biggest supporter of small businesses,they understand the important role that start-ups,scale-ups and high-growth businesses play in a strong and prosperous UK economy.Participation in the GEM Global project in 2024 by the UK conso

3、rtium was again made possible by funding from the Department for Business and Trade(DBT)Business Innovation Directorate,Hunter Centre for Entrepreneurship at the University of Strathclyde,the Welsh Government,Department for the Economy(NI)and NatWest.These funders have supported the GEM UK project f

4、or almost all of the last 26 years and we owe them an enormous debt.The vendor for the Adult Population Survey(APS)was BMG Research Ltd and we would like to thank Dawn Hands,Roger Sant and Sharon Gowland for their role in the timely execution of the survey and the creation of the UK dataset.In parti

5、cular,we would like to thank Roger Sant for his ongoing invaluable contribution to the weighting protocols designed to address the dual method used to obtain responses to the GEM APS survey that is,CATI and CAWI(i.e.online).Design and production:www.mortonward.co.uk1United Kingdom 2024/2025 National

6、 ReportForewordDARREN PIRIE,HEAD OF NATWEST ACCELERATORAt NatWest,we are proud to once again sponsor the UK edition of the Global Entrepreneurship Monitor(GEM)report.As the UKs biggest supporter of small businesses,we believe that entrepreneurship is not only a driver of innovation and growth,but a