YOUNG businesses across North Tyneside are being given the chance to enter a national competition backed by the News Guardian.
As the local newspaper industry launches its highly acclaimed Local Business Accelerators (LBA) campaign led by Deborah Meaden of Dragon’s Den, new research shows that Britain’s young businesses are positive about prospects for growth despite tough economic times but they still need advice and support.
The campaign, supported by the government and private sector’s Business in You campaign, has now launched.
More than 500 newspapers across the UK are joining forces to deliver a £15m boost to promising young businesses through free advertising and mentoring.
Businesses aged between one and five-years-old can enter LBA for the chance to win a free ad campaign in the News Guardian, plus mentoring from local business leaders.
The most promising businesses will go forward to the national stage of the competition to win a year’s mentoring from Deborah Meaden and a local advertising campaign devised by a top London creative ad agency.
Deborah Meaden said: “With last year’s LBA having demonstrated the unique power of local and regional press to provide a meaningful boost to promising young businesses, I am delighted to be supporting the initiative once again.
“The campaign provided tangible examples of the real contribution that local newspapers can provide to young businesses across many different sectors, accelerating their development.”
Eligible businesses can enter the north east England / south of Scotland competition via the LBA hub – www.accelerateme.co.uk – before the closing date of November 16.