While this is often the reference, most programs of support target the top 5-10% of small business in the hope of getting a single business to employ more, export or purchase substantial equipment. There is also the hope that one of these businesses will become a gazelle, leaping from the pack and suddenly turning over tens of millions.
Let’s challenge that approach. If the top 10% are targeted the best we can hope for is to improve a few in the top 10%. What if instead we grew the pyramid? What if instead of focussing on the top, we focussed on the bottom? What if we sought to attract and support more startups and helped them survive in the formative years?
The result. A bigger pyramid. More in each level. More in the top 10%. More chances of a gazelle. More employment. Substantially MORE employment. More families supported. More jobs for our children. More communities developed. A better Victoria.