Northstar Ventures has partnered with the Business Doctors to develop a new kind of solution that’s good for businesses.

Working in collaboration, Northstar and Business Doctors piloted a new initiative called The Breakthrough Growth Masterclass, aimed at supporting new and growing businesses to be able to plan a sustainable future.

The initiative comprises of a full day’s workshop, bringing together businesses from various backgrounds, followed up with a one to one session with one of the mentors from Business Doctors.

The successful pilot brought together a group ofbusiness owners, from different sectors, providing them with an opportunity to take some time out and focus on the issues that are holding back their business growth such as cash flow, lack of sales or profit, strategic planning, knowing your market, making your people profitable and what funding is available.

Jane Reynolds, Northstar Ventures Business Development Manager, said, “As a leading early stage investor, at Northstar we support businesses and entrepreneurs in many different ways. We were delighted to work with the Business Doctors to develop this offer, the combination of a very comprehensive, practical group workshop followed by the focused one to one session gives the chance for business to share knowledge and experience with their peers as well as experts, and then really drill down into their own particular issues.”

Graham Robson, Regional Director of Business Doctors North East, said, “Our new partnership with Northstar on this initiative is really exciting. Like Northstar, we love to work with businesses and entrepreneurs to help and support their ambitions to maximise growth potential and value. As a ‘consultant free zone’ our business advisors have the wealth of experience needed to help transform entrepreneurial led businesses into significant enterprises, and we can’t wait to get on the pitch with this project.”

Feedback from participants has been overwhelming positive, including:

‘I would like to thank the Business Doctors for their help in getting my company off the ground and making me aware of some of the pitfalls and the strategic plans needed for me to succeed in my business venture’ Dennis Thynne of Capricorn Consultancy

‘In a busy industry it is hard to take a step back from working so hard, and assess exactly where you are, reflect, make changes, and simply nurture your business. The class was not only highly beneficial, but the interactive side of the session kept our focus and the energy in the room just perfect. Thank you for your valuable time and insights.’ Gemma Young, Morgan Douglas.

Following the success of the pilot, local business will have the opportunity to take part in a future Breakthrough Growth Masterclass.

For more information contact: jane.reynolds@northstarventures.co.uk