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Sara Davies MBE celebrates inspirational achievements of North East entrepreneurs

Dragons’ Den star and founder of Crafter’s Companion, Sara Davies MBE, joined 99 North East entrepreneurs at Crowne Plaza Newcastle to celebrate the creation of 99 new jobs and 58 new, high growth businesses in the region. 

Graduates of the High Potential Startups business accelerator programme – delivered by the North East Local Enterprise Partnership (North East LEP) – the ‘North East 90’ joined Sara Davies MBE at a celebratory event with members of the wider North East business and startup community.  

Of the pre-start entrepreneurs that joined the programme in the thick of the pandemic, 25 have already begun trading and a further 33 have incorporated new businesses. To date, the new businesses have generated £2.7 million in turnover and created 99 new jobs across the region. 

Colin Bell, Business and Sector Growth Director at the North East LEP, said: “Having a great business idea, and then turning that idea into a reality, are two very different things. 

“High Potential Startups was created to help entrepreneurs in our region really focus their ideas, and then with the help of industry experts, take their business to market. 

“Starting a business can be an intimidating prospect, especially in the middle of one of the most disruptive times in modern history, but through High Potential Startups we were able to support participants to build robust and resilient business models, understand their customers, fill skills gaps, truly understand their business finance needs, and build the confidence required to step over the line and start their own business. 

“The result has been the creation of 58 new, ambitious, and high growth North East startup businesses, and 99 new jobs.”  

Some of the businesses that took part in High Potential Startups include South Shields-based OGEL, which has created the only patented building system in the world that uses recycled plastic. OGEL founder, Gary Giles, went on to appear on BBC’s Dragons’ Den, securing investment offers from two of the Dragons, including Sara Davies MBE. Since taking part in High Potential Startups, OGEL has created new jobs, secured new premises, invested in new equipment, and is focused on growing the business further. 

bcausam, which has offices in Northumberland and Leeds, helps charities maximise their impact and fundraising potential using newly developed technology. The company is aiming to employ more staff at its Newcastle and Leeds offices before expanding into the US.  

And clothing brand Saint Belle, created by Northumbria University graduate Isabella Dryden, is now stocked in Fenwick and will launch a new children’s wear collection in 2022. 

Isabella Dryden, Founder of Saint Belle, said: “I’m so grateful that I experienced High Potential Startups. It changed my life. I got so much out of being given the encouragement, support and having someone to listen to your idea.” 

Sara Davies MBE, Dragons’ Den star and founder of Crafter’s Companion, said: “As someone who has started and grown a business from scratch, I know how long and difficult the journey can be. 

“It’s been so inspiring to meet the High Potential Startups entrepreneurs and hear how the programme has helped them build their own high growth businesses. 

“Encouraging and nurturing business startups is vital for a growing economy, so it’s great to see my home region flying the flag for entrepreneurship. I wish every single business all the success for the future.” 

North East entrepreneurs interested in starting a new high growth business in the region are encouraged to visit the North East Growth Hub and book an appointment with a North East Growth Hub Connector, or visit the Business Startup toolkit for support and advice. 

Home / High Potential Startups

Entrepreneurs with big ideas invited to join new business support programme

Budding entrepreneurs in the region are being given the chance to turn their notepad doodle into the next Google with support from the North East Growth Hub’s new High Potential Startups programme.

Giving would be entrepreneurs access to expert advice and support to help them create the high growth businesses of tomorrow, High Potential Startups provides the introductions and the business support needed to bring business ideas to life, bigger and better than people can alone.

Colin Bell, Business Growth Director at the North East LEP said: “High Potential Startups is all about finding new, ambitious businesses with the potential to grow fast and make a real impact on the economy.

“Scaleup business generate one third of new economic and job growth, which is why it’s so important we help North East entrepreneurs turn their ideas into viable businesses that create more and better jobs.

“In the Strategic Economic Plan we set a target to increase the density of scaleup businesses in the North East by 50% by 2024. We currently have 17% more scaleups in the region than we did in 2017 and High Potential Startups will help us deliver more of these important, fast growing growing businesses.”

As well as targeting entrepreneurs, High Potential Startups will educate businesses on the benefits that come from supporting existing staff members to launch new ventures.

Intrapreneurship allows staff to develop new business ideas that often add value to their current place of work. Organisations can use staff spin offs to improve productivity, reach new markets and adapt faster to changes in the economy.

Investing in intrepreneurship has been to shown to improve staff motivation and morale, as well as drive business growth.

Colin continued: “Speaking as someone who has launched a business, I know what a scary prospect it can be. We want people with a great business idea to know support is on hand to turn that idea into reality.

“It doesn’t matter if you’re working full time for another business or working on your idea at home in your spare time, if it has the potential to create jobs and generate £1m or more by its third year, High Potential Startups can help you test market ideas, fill knowledge and skills gaps, and find cofounders to take your business to market.”

To find out more about High Potential Startups and to apply, visit www.highpotentialstartups.co.uk.