Making Your Business Ready For Investment from new £120m North East Fund
April 26, 2018
Digital business support agency Generator has signed up RMT Accountants & Business Advisors to its panel of firms providing free development advice to North East start-up and early stage tech businesses.
The Gosforth-based practice is now making its financial knowledge available to selected participants in Generator’s Digital Futures coaching programme, which aims to match ambitious businesses with mentors whose expertise will help them grow.
A roster of coaches has been assembled by Generator for the Digital Futures panel, with their areas of expertise including start-up operations & strategy, marketing/sales, growth/scale up, and business development.
Firms looking to address specific business needs can apply directly to be part of the initiative, and can also be put forward by members of the panel for support.
Generator works to pair each one with the most appropriate advisors for addressing their primary business need, and will look to identify other operational areas with which panel members might be able to assist.
Generator is aiming to work with around 100 North East businesses every year through the Digital Futures programme.
Emma Whitenstall, head of business support at Generator, says: “When businesses are in their earliest stages, it’s can be hard for them just to cover their basic day-to-day expenses, let alone bring outside financial, marketing or technology advice.
“Digital Future was developed as a way of tackling this issue, and of giving North East start-ups the chance to access the sort of business expertise that would ordinarily be out of their reach.
“The impact our panel members’ involvement can have on the firms with which they’re working can be transformational, and we’ve got a growing number of practical examples of how this approach has delivered real results.
“RMT Accountants’ financial expertise and experience of working in the tech industries will be invaluable to the growing firms that they’ll be working with, and we’re very pleased to be further broadening the skillset of an already-strong panel of advisors.”
Stephen Slater, director at RMT Accountants, adds: “The knowledge economy has become increasingly important to the North East in the last decade, and there are many examples of businesses originating in the regional that have gone on to national and international success.
“Great ideas can come from anywhere, and it’s absolutely vital that start-ups have early access to the sort of support and advice that can help them quickly turn potential into viable products and services from which then follow commercial success and new employment opportunities.
“This is an excellent initiative that is providing direct benefits to the North East economy, and we’re excited at the opportunities that it offers to both growing regional firms and ourselves.”
For more information on the Digital Future programme, contact Generator on 0191 231 0416.
April 3, 2018