Banking on help for ideas

Business advisor Gordon Hanna with one of the 'ideas banks'.
Business advisor Gordon Hanna with one of the 'ideas banks'.

A BOROUGH agency is banking on help from News Guardian readers to help local residents get started in business.

The Business Factory, supported by North Tyneside Council, is looking for concepts for its Ideas Bank, which is on tour of the borough.

So far more than 500 relevant business suggestions have been submitted to the bank, which has been designed as an easy access point for people looking to self employed but are stuck for a good idea.

It also provides a platform for people with a very early stage idea, who need help and support to turn their idea into a robust plan.

Gordon Hanna, business opportunities advisor at The Business Factory, said: “The Ideas Bank provides a visual reference for the numerous business opportunities that exist across North Tyneside and is really helping to encourage people to think about the merits of setting up on their own.

“Often people say ‘if only I had a good business plan, I would give it a go’; well the Ideas Bank contains more than 500 good business ideas so provides a wealth of inspiration.

“We want to know what people think is missing in their area.

“However, we are calling on News Guardian readers to submit their ideas – be it a business they would like to set up personally or simply a business that they think is missing from the local area.

“Maybe readers currently have to travel to Newcastle of further afield to access a service or buy a certain product which they would love to access locally.”

He added: “If people are interested in the Ideas Bank, Business Factory advisers will help and support them through all the necessary pre start-up steps.”

Mayor Linda Arkley said: “As a council we are keen to encourage an entrepreneurial culture in North Tyneside which enables people to develop their ideas into real business opportunities.

“The Ideas Bank provides a fantastic platform to stimulate people.”

Readers wanting to submit business ideas should visit

The Ideas Bank will be at the Meadows Community Centre, Chirton, every Wednesday from 10am to 12.30pm; at the Oxford Centre, Longbenton, every Wednesday from 1pm to 3pm; and at Royal Quays from 11am to 1pm.

For more information visit