Case studies of companies which have invested in Middlesbrough, successfully grown their businesses, received funding from local business support agencies, and been supported by Middlesbrough Council.
The Council’s far-sighted decision to provide a £5.8m loan towards the overall cost of the project ensured it got off the ground, and underpins the success story we see today.
The Holiday Inn Express has performed well since opening – which led to us extending it with further support from the Council, and it in turn is acting as a catalyst for investment in the town centre.
– Mark Ashall
Managing Director, Ashall Projects Ltd.
Barratt David Wilson Homes
We have delivered 100 much needed, new, high-end homes at Grey Towers alongside a commitment to build at least a further 300, with Middlesbrough Council partnering us throughout, offering invaluable support and encouraging first class design.
Thanks to that relationship we’re committed to an investment programme in the town worth some £80 million over the next six to eight years, with an impact on the wider economy estimated at nearly a quarter of a billion pounds – to put it into context that’s a staggering 4% of the annual GDP of the Tees Valley as a whole.
Why Middlesbrough? Because it’s the town that can.
– Scott Martin
Managing Director, Barratt David Wilson Homes
The Middlesbrough-based aerial video production and film equipment hire company received help with its high-tech growth plans thanks to a grant arranged through Tees Valley Business Compass.
Egg Air was awarded £2,805 towards the development of two new websites to advertise the company’s services, which range from drone photographs and videos of events such as weddings, to more specialist projects including production of aerial footage of crime scenes for use in Crown Court.
Middlesbrough is fast becoming a hotbed for digital tech innovation, having been named as one of the UK’s fastest-growing digital clusters, and Boho Five is gaining a reputation as the place to be for thriving digital and creative businesses.
Many of the building’s existing tenants are already working with prestigious national and international clients, and businesses based in the building can also benefit from support through Teesside University’s DigitalCity programme.