Forming a key part of the LEP’s Strategic Economic Plan, which aims to deliver 100,000 more and better jobs by 2024, the programme will operate from 1 January 2018 until 31 December 2020.
Working with NRG, both the LEP and RTC North are looking to fill key positions with strong leaders who have the appropriate skills and experience to unlock the potential of the North East’s most progressive businesses.
The Programme Director’s role will be to manage the multi million pound programme aimed at businesses with a turnover in excess of £500k in the last year. The Scaleup Partners will be change agents who can drive productivity and expansion.
Colin Bell, Business Growth Director at the North East LEP, explained: “Scaleup North East is a really exciting programme aimed at helping entrepreneurs to scale their businesses, become more profitable and employ more people.
“The benefits of this are widespread; more money and jobs are created, which supports the local economy and creates competitive advantage.
“While the programme aims to engage with businesses that have the potential to grow turnover and/or profits at a rate of 20% per year over a three year period, there are also opportunities for companies with a turnover of greater than £250k with strong growth potential.”
Andrew Buckley, Chief Executive at RTC North, said: “Scaleup North East is a ground-breaking programme for the region and we are proud to deliver this as a key contribution to the delivery of the region’s Strategic Economic Plan.
“Scaleup North East will create an ecosystem that increases the density of scaleup businesses in the North East by 50% by 2024, creating 6,000 additional jobs. We’re now looking for highly competent and equally ambitious leaders who can deliver these ambitious targets. We can’t wait to get started.”
Therese Liddle, CEO of NRG, the Newcastle headquartered recruitment business, added: “We see this as an influential programme helping to drive the North East economy and are pleased to be working with the North East LEP and RTC North as the recruitment partner for such strategic, influential positions.”