An initiative that helps new businesses find their feet has picked up a top title.
North Tyneside’s Business Factory won this year’s top prize for ‘promoting entrepreneurial spirit’ in the Enterprising Britain Awards 2015.
The Factory’s ‘outstanding innovation and ambition’ earned the organisation the award, and the team were particularly recognised for their work to promote an entrepreneurial mindset in individuals.
The project provides a comprehensive and holistic service to budding business owners and entrepreneurs, encompassing all aspects of enterprise.
Mayor Norma Redfearn, said: “This prestigious national award is hugely deserved by the Business Factory team.
“Their work has helped hundreds of budding business owners and entrepreneurs turn their ideas into reality and make a valuable contribution to the economic vitality of the borough.”
Small Business Minister Anna Soubry said: “I want to congratulate all the winners of this year’s competition for promoting enterprise across the country.
“We have a record number of small businesses in the UK and the government will continue to back entrepreneurs by giving out more start up loans and making sure they can find the right kind of advice and support.
“I want to see more people across the country growing their ideas into real businesses that create jobs and boost our growing economy.”
The Business Factory’s one-stop-shop for advice is located on Howard Street in North Shields or residents can receive advice, support and ideas online via the Business Factory website at www.businessfactorynt.co.uk