Tees Business Issue 39 | Page 78

How Tees Valley Labs is supercharging the growth of innovative businesses
GROWTH
Opportunities – Tees Valley Labs offers an exciting opportunity for local startups and scale-up businesses across the region .

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WORDS : JULIE BURNISTON PICTURES : TOM BANKS growth

How Tees Valley Labs is supercharging the growth of innovative businesses

The Tees Valley mayor and Combined Authority has partnered with Alt Labs to launch Tees Valley Labs , a new initiative aimed at accelerating business growth in the region , funded by the UK government through the UK Shared Prosperity Fund .

Historically , the specialist innovation work delivered by Alt Labs efforts has been concentrated outside the area , but all that ’ s changing .
The creation of Tees Valley Labs signals a significant shift , as the new venture brings both the TVCA and Alt Labs ’ wealth of experience and expertise closer to home , highlighting a joint commitment to driving innovation and fostering economic development in the region .
Tees Valley Labs offers an exciting opportunity for local start-ups and scale-up businesses across the region .
The Stable and the Forge , their incubator and accelerator programmes respectively , are now well underway , but there are still many ways to benefit from the initiative with free , in-person workshops for ambitious businesses being made available over the next six months .
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Designed to foster innovation and growth , these workshops will cover a range of key topics crucial for business success , such as business fundamentals , digital transformation , marketing strategies and leadership development , which aims to empower entrepreneurs and businesses in the area by providing access to valuable resources , expert advice and networking opportunities .
By partnering with industry leaders , Tees Valley Labs is committed to helping businesses overcome challenges , unlock new growth potential and navigate the complexities of scaling operations .
The workshops will take place in various locations across the region , ensuring accessibility for all local businesses .
Participants can expect hands-on sessions tailored to their specific needs , providing practical skills and knowledge to accelerate their business journey .
Tees Valley Labs ’ initiative is part of a broader effort to drive economic development within the Tees Valley , contributing to a thriving entrepreneurial ecosystem .
Funded by the UK government , this investment in local talent and businesses
Workshops – designed to foster innovation and growth , Tees Valley Labs sessions will cover a range of key topics crucial for business across a variety of sectors .