[MUSIC PLAYING] It’s really important that SMEs can attract the right type of funding. Because, essentially, that’s going to be the rocket fuel that allows them to grow in the future. From my perspective, and from Santander’s perspective, I think it’s all about the credibility of their plans. And a lot of that will be the culmination of how that SME’s grown in the past to the point that we’re in discussion.
So we can review their track record, assess the capability of the management team. I guess most importantly, look at their plans for the future and, again, assess how credible they are. The whole area of SME growth is one that’s very close to Santander and that’s why we have our breakthrough programme. It’s also why we’re so pleased to be working with The Jones Institute on their CEO growth challenge.
Having witnessed some of the trading that they’re providing the companies that were involved in the SME Growth Challenge, it’s clear to me that these are covering some of the key disciplines, which will culminate in these businesses being able to attract funding in the future is, obviously, really important.
And I think the whole credibility around their business planning, their innovation, their ability to take products to market are all really key and, ultimately, will be the story which allows these businesses to attract funding in the future and, hopefully, grow bigger, attract good talent, and become real success stories.