LOCAL AREA SUMARY:
Total number of scaleups
No. by employee growth
No. by turnover growth
No. by employee and turnover growth
Top 5 Visible Scaleups by Employee Growth
Lanchester Wines imports and sells wine.
Cussins develops homes in the North East.
END sells high-end streetwear of its own creation alongside other fashion labels.
Crafter’s Companion sells a range of craft supplies via an online store and other retail outlets.
ABCA Systems provides, installs and services a variety of electrical systems.
Top 5 Visible Scaleups by Turnover Growth
Oil Consultants operates a recruitment agency and supplies personnel on a contractural basis to the oil sector.
Atom develops a digital-only retail banking service.
Hathaway designs and manufactures roofing and cladding systems for large scale industrial sites.
The Tharsus Group partners with companies that have developed robot related IP in order to help them design and manufacture robots and autonomous systems.
Groundwork Services provides civil engineering and earthwork services, with projects including the constructing sports fields via the construction of natural and synthetic surfaces.
Local LEP ScaleUp Programmes
Businesses on the ScaleUp North East programme works with their Partner on an action plan that directly reflects the nature of their business needs and the major challenges that they must overcome to grow. The programme also offers a series of peer-to-peer events to strengthen the scaleup community by sharing knowledge and experience based around specific themes.
The LEP has also established Supply chain North East, designed to empower North East businesses particularly in manufacturing, automotive, energy, health and life sciences, process, chemical and pharma sectors to diversify their offer, expand their customer base and unlock untapped opportunities in new markets. Proven market specialists provide companies with tailored advice and sector-specific insights into operational improvements to help them achieve this.
The High Potential Startups programme was launched in July to increase the number of start-ups reaching £1m turnover in three years. Support is provided facilitated through peer-learning plus coaching, mentoring and investor relation activities.
The key barriers to growth are leadership development, access to talent, access to UK markets and access to infrastructure/premises and broadband. They are looking for support through peer networks, Growth Hubs and local professional services.
Top barriers to growth
- Access to talent
- Leadership development
- Access to UK markets
- Access to infrastructure/premises and broadband
want TO SEE more of:
- Growth Hubs
- Peer networks
- Local professional services e.g. accountants and lawyers
- general business support from government
- public sector funding for innovation and R&D