A business initiative is celebrating after helping set up it’s 1,000th new business.
North Tyneside Council’s The Business Factory has helped shot blasting business Caggersparts Ltd get established.
North Shields engineer and businessman Simon Caygill set up the shot-blasting company for the automotive industry and car modification market after facing turmoil earlier this year.
Mr Caygill, who previously ran an engineering business, has combined his passion for fixing cars with his engineering and software background.
He said: “The Business Factory has been a tower of strength over the past few months, providing both help and advice but real encouragement. They have helped with my business planning but more importantly have given me the belief that the business idea is a sound and has potential to succeed.”
Mr Caygill has ambitious plans for the business and expects to relocate from Holystone to a bigger workshop within the next 12 months where he will have space for additional machinery and two more members of staff.
Over the past 28 months, at least one new business has been established daily by The Business Factory.
As well as traditional enterprise support, The Business Factory has recently introduced a range of bespoke support for individuals looking to set up high growth businesses across the borough and its impact has been phenomenal, with more than 200 new businesses benefitting from the specialist advice so far.
Coun Frank Lott, North Tyneside Council’s cabinet member with responsibility for business support, said: “We are totally committed to supporting and encouraging enterprise across the borough, and The Business Factory continues to be instrumental in doing this.
“It is quite phenomenal to think we have reached our 1000th milestone – that is an awful lot of new businesses, many of whom are now employers themselves.
“Caggersparts Ltd is a shining example of the quality of the new businesses that are emerging across North Tyneside and I’m delighted that we are able to help such companies succeed.”
For more information on how to start your own business, contact The Business Factory on (0191) 605 3110, text START to 81400 or email firstname.lastname@example.org