Pairing up with a partner – whether in your own field, in another sector, or in research or academia – can offer lots of mutual advantages.
In the current economic climate, collaboration is often a highly practical way to grow business. You may have a great idea, but lack some of the critical skills or capacity to make it happen.
A formal collaboration could provide the missing link, whether it be expertise in research, marketing, production or procurement.
Great benefits can also be realised by collaborating with others for activities such as joint marketing/ selling, collective purchasing, sharing premises or other resources. It can be especially useful to collaborate with a partner outside the UK. This could provide extra insight to help you reach new markets abroad.
Finding a partner
If you have a strong business case that relies on seeking a partner, we’ll put our networks to work on your behalf.
Our experts at Enterprise Europe Scotland can:
- work with you to define what type of partner you need
- carry out a search
- help you assess potential partners
- facilitate negotiations with a likely match.
We’ll scour the international business scene to pinpoint your perfect partner.
Partners already identified?
Should you wish to collaborate with others to achieve scale (eg joint selling/ buying, sharing premises etc), and have already identified partners, a consortium co-operative structure may provide the perfect platform. This low risk, non beurocratic approach preserves the independence of members, and decisions are make on an equal basis.
Co-operative Development Scotland offers support and advice to help establish a consortium co-operative.