Wednesday's Autumn Statement was heavy on innovation and productivity but fairly light on the detail. So, while Fast Growth companies will welcome the government's commitment to supporting innovation through an additional investment of £2bn per year, we still need to see the detail of how companies can access this - the report hinted at grants and changes to the R&D regime, but whether this will benefit start-ups or larger companies undertaking R&D is yet to be explained.
There was also the welcome announcement of an additional £400m investment in Venture Capital to unlock sources of funds to help business scale, with the suggestion that this will help businesses to avoid an early exit via a sale to a bigger company.
Overall, this all looks like good news for Fast Growth tech, but at such a crucial time for economic growth, the devil, as always, will be in the detail.
The buzzword of today's speech was Innovation, with the government putting the emphasis on the productivity challenge and recognizing that supporting innovation is key to the UK maintaining its growth and job creation.