Beauhurst data finds a positive outlook for businesses in the region
What is the future for high-growth businesses in the North East?
Last week Beauhurst launched their new report looking at equity investment in startups and high-growth companies across the North East since 2011. The research shows that there are positive signs for young businesses in the region.
Overview of research findings
- The region is in recovery from the nationwide equity investment slump, with deal numbers for the incomplete third quarter of the year already surpassing those from the previous quarter.
- Tech is slightly less dominant in the North East than it is across the UK, but it’s onwards and upwards for tech in the region.
- Government backed investors still dominate the funding scene, and were involved in 45% of fundraisings from 2011 on.
Read the report in full here.