Is my Business Eligible?
To be eligible to apply for the Scaleup North East programme companies will meet the following criteria:
- Be based in the NELEP area
- An annual turnover of less than £50m
- Operate in an ERDF eligible sector (not insurance or banking)
- Have less than 250 employees
Is my Business Suitable?
We’re seeking to identify and recruit businesses to the community with scale-up potential based on three broad criteria:
- Growth mind-set of the leader/leadership team - In short, we’re looking for companies with the mindset, drive and ambition to scale.
- Existing financial/corporate performance data (ideally year on year growth)
- Scalability of the business model
- Number of years trading (ideally 3+ years)
- Number of employees (ideally five or more)