Businesses still have 12 months to benefit from a fully-funded support programme delivering new jobs and economic growth in the county.
The Business Northumberland High Growth Programme is being delivered by specialist coaching company Oxford Innovation, helping businesses reach their full potential.
At the half way stage of the £1.3m programme, 55 companies have been supported, recording a £5.3m increase in turnover between them and creating or protecting more than 60 jobs.
Oxford Innovation’s programme manager, Mike Jobson, said: “We were always very ambitious about what could be achieved but the progress so far is really quite startling.
“To see a combined increase in turnover almost four times the original investment is a clear signal of the effectiveness of the programme.”
He added: “For most clients, this has been their first experience of coaching.
“Some have required very specific, practical support on business planning, sales forecasting or marketing while for others, we have provided mentoring for individuals or teams.
“I’ve been hugely impressed by the ingenuity and dedication of the businesses participating in the programme and by the receptive manner in which they have embraced the concept of coaching.”
Wansbeck MP Ian Lavery is especially appreciative of the programme given the closure of the Rio Tinto Alcan plant in March 2012.
“There are some incredibly talented people in the Northumberland business community and this programme is all about helping them to realise their full growth potential,” he said.
For more on the Business Northumberland High Growth Programme call (01670) 528403, email email@example.com or visit www.businessnorthumberland.co.uk