Free business advice on offer for local firms
Innovative SME across the North East are to be offered free business support packages to help them launch new products or services and adapt to the post-covid world.
The scheme, which targets companies with high growth potential, aims to boost growth and innovation and help reboot the post-lockdown economy.
It is funded by the Government agency Innovate UK and run by RTC North, a business support provider which is based in Sunderland.
The scheme - part of the Chancellor’s £1.3bn support package announced in April - will offer businesses up to 12 days’ free coaching.
It is ideal for those which have, or are developing, products and need help to progress them or enter new markets, or those facing a decline in sales due to market trends or new technologies and which need help to change and adapt.
The Innovation and Growth Services scheme aims to address areas such as identifying and securing new clients, accessing new markets and funding opportunities.
It also offers advice on building resilience, R& D, planning for growth and developing supply chains.
Thierry Delange, business development manager at RTC North, said: “In this current climate, companies need now more than ever, a friendly face to turn to for practical advice and support.
"Our advisors provide an external perspective and structured approach to help management successfully navigate the disruptive environment and achieve growth and scaling.
For more information on Innovation and Growth services visit the RTC North website.