NorthInvest Announces New Scaling Senate
16th April 2021
In these extraordinary times many businesses are facing uncertainty and require intellectual and strategic support from experienced leaders to navigate 2021 and beyond. One significant challenge for start-ups in particular is moving from the initial period of funding to steady revenue generation towards break even or to that next significant funding round.
Leeds based investment not-for-profit NorthInvest is therefore proudly launching a new initiative for 2021, its Scaling Senate. The initiative will see an impressive panel of industry leaders meeting a selected group of scaling business founders every three months, to help them in their next phase of growth. This panel has agreed to give its time for free and provide help, guidance and support to businesses wishing to get invaluable insights into their growth journey.
Nick Frankland, MD Fintech at Legal and General and board member of NorthInvest said “NorthInvest has created a legacy of delivery for start-up businesses seeking supportive funders and galvanised key influencers to promote enterprising businesses in the north. Now, more than ever before, is the time for these businesses to extend their contact list, gain valuable connections and be “supported” by those fortunate enough to have succeeded”
Founded in 2016 by serial entrepreneur Professor Adam Beaumont, NorthInvest is a not-for-profit investment organisation dedicated to building a stronger and more connected tech investor and start-up community across the North of England. Last year NorthInvest helped businesses raise over £9m in funding across 12 companies.
This new initiative from NorthInvest is thus a natural evolution of the company’s core mission in driving growth in the North of England through facilitating investment into Northern businesses.