Dedicated to supporting North East businesses to start up and grow the North East BIC has recently collaborated with regional fund managers, Rivers Capital Partners to provide one to one sessions for businesses interested in accessing finance.
A bustling business community, the BIC has helped emerging and established entrepreneurs to succeed since 1994. Rivers are proud supporters of the region’s start-ups and small businesses, managing two Funds from the Finance for Business North East Programme and complementing the incredible work the BIC does in building and growing North East enterprises.
The one-to-one sessions will be run on a fortnightly basis by a Business Support Advisor from the BIC alongside a member of the investment team from Rivers. The sessions aim to break down the barriers to finance for micro and small businesses. Local companies can make an appointment or simply drop-in to speak to the team about any issues relating to funding.
Both the BIC and Rivers are committed to promoting accessible and available finance to ambitious businesses, here to help local enterprises achieve their aspirations, guided by professionals every step of the way.
Jonathan Gold, Managing Director at Rivers commented on the new partnership, “We know that it can be frustrating trying to find funding to accelerate your ambitions and the ‘next big thing’ can have the smallest beginnings.
“We bring a unique perspective to our investment decisions and we want to assist as many ambitious businesses as we can to access the funding they need to thrive. Working closely with the BIC will help more regional businesses achieve their vision.”
Paul McEldon, Chief Executive at the BIC said, “I am delighted that we have been able to turn a very successful working relationship into a partnership that will benefit businesses at whatever stage.
“For over 20 years the BIC has supported business growth and access to finance is a big part of that. These sessions will help businesses to consider the best way to raise finance and fund their business growth.”