Success Stories

Press on Vinyl received a £350,000 investment from the Northern Powerhouse Investment Fund, through fund manager FW Capital, which will enable it to grow and to create as many as 46 new jobs in the region over the next three years

Based in the heart of Newcastle, this clothing retailer turned to the Bounce Back Loan Scheme (BBLS) as the city locked down and trading stopped.

As a self-employed, one-woman band whose company was still new, chemistry teacher Lisa Hogg didn’t qualify for any grants that would help her weather the coronavirus pandemic. Seeing her sales decline, and needing to sustain the business, she applied to the <a href='https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-schemes/bounce-back-loans/'>Bounce Back Loan Scheme (BBLS) </a>for support.

One Utility Bill is a utility bills management service based in Ouseburn, Newcastle upon Tyne that allows customers to bundle all their bills for energy, water, broadband and TV into one fixed monthly payment.

Alexander Technologies Europe Limited designs and manufactures custom lithium-ion battery packs and proprietary chargers for powered air-purifying respirators, portable medical devices and other applications.

Businesses that rely on face-to-face interaction with customers have truly felt the impact of the COVID-19 lockdown. With its revenue falling to zero overnight, weight loss therapy provider Silverlink Clinics had to stop all of its treatment and furlough its employees to stay afloat.

A business with a client portfolio of mainly office-based organisations, ART Health Solutions was severely affected when those corporate premises closed suddenly as a result of COVID-19.

A Teesside business which has developed a new way to generate fuel and chemicals from waste biomass  secured a further £2.3million investment to commercialise its technology.

Billingham-based water and wastewater treatment specialist Biochemica received a six figure investment from NPIF – FW Capital Debt Finance, managed by FW Capital and part of the Northern Powerhouse Investment Fund (NPIF).

A £125,000 investment made by NPIF – FW Capital Debt Finance is helping Darlington-based craft supplier and manufacturer Debbi Moore Designs Ltd on its industry-leading position to break into the lucrative US market and create four jobs in Tees Valley.

Tees Valley-based coffee company, Beanies Flavour Coffee,  secured investment from NPIF – FW Capital Debt Finance, managed by FW Capital and part of the Northern Powerhouse Investment Fund, to continue its fast growth following initial support from Tees Valley Combined Authority.

Specialist hydraulic engineering firm Industrial and Marine Hydraulics Ltd (IMH)  secured major investment from FW Capital.

Bearing and engineering solutions firm BS&P Limited has created seven jobs with a £100,000 investment from NPIF – FW Capital Debt Finance, managed by FW Capital and part of the Northern Powerhouse Investment Fund (NPIF).

Sale-based 24-7 Electrical Group has announced a £1m increase in turnover this year to £7m.

Absolute Antibody is a Tees Valley based business which has benefited from a six figure investment.  From its headquarters in Wilton, the business specialises in the sequencing, engineering and recombinant production of antibodies and offers related protein engineering services.

Designer watch brand Ellington Timepiece secured a £35,000 loan from NPIF – BEF & FFE Microfinance which is managed by Business Enterprise Fund (BEF) and Finance for Enterprise (FFE) and part of the Northern Powerhouse Investment Fund.

Teesside-based haulage firm Halcyon Tankers Ltd  secured a £250,000 loan from NPIF – FW Capital Debt Finance, managed by FW Capital and part of the Northern Powerhouse Investment Fund.

Teesside-based engineering information management firm Phusion  secured a significant six figure investment from NPIF – FW Capital Debt Finance, part of the Northern Powerhouse Investment Fund (NPIF) and managed by FW Capital.