Besides this measure, the mid-term program for the period 2018-2020 sets forth four other measures, too, some of which concern the so-called gazelle companies
and offer help of 30 percent for introducing new standards and quality, 5 million denars for new tools in the information technology sector as well as help for innovation projects and workforce training.
How do we help more Medium-Sized Businesses known as MSBs become tomorrow's gazelle companies
? Well the first job is to raise awareness of the great work they are already doing and the jobs that they are creating, to make sure that the Government and policy makers don't just focus on the 'S' in SME.
The criteria set for Gazelle companies
for 2012 were:
These technological advances would produce thousands of new millionaires in gazelle companies
that would quickly attain a global scale and capitalize on a highly integrated financial market.
Finally, this paper recommends strategies policymakers could follow to facilitate the creation and growth of more gazelle companies
: (1) Remove barriers that potentially block the emergence of high-growth companies; (2) Focus on taxation, regulation, immigration, access to capital, and academic commercialization; and (3) Target immigrant entrepreneurs and universities, which may be likely sources for high-growth firms.
The Plus-quoted company's HiQ Index, designed to map the percentage of high growth businesses in each of the UK's local authority areas, has revealed that gazelle companies
make up 6% of Cheshire's small and medium-sized enterprises (SMEs).
His Upper Darby, Pennsylvania-based USA Environmental Management Inc.--a $6 million environmental remediation' compliance, and industrial hygiene firm--is one of the few gazelle companies
in that region.
While many Government initiatives have been aimed at the so-called gazelle companies
(companies capable of 20% compound growth over the next three years) it's important not to lose sight of the other 95% of SMEs.
Stockholm, Sweden, December 01, 2010 --(PR.com)-- Dagens Industri concluded, "The challenges for this year's Gazelle companies
could hardly be larger given the past years' global financial crises and its effects on the economy.