Brand agency B7 is poised for significant growth following its recent funding success from the Northern Powerhouse Investment Fund II.
The agency, based in the Cobalt Business Exchange, plans to expand its operations by harnessing the opportunities provided by this initial investment.
North Tyneside’s B7 has successfully obtained funding from the Northern Powerhouse Investment Fund II, managed by NEL Fund Managers. This investment is the first of its kind in the region since the fund’s launch earlier this year. B7 was established four years ago by David Broom, initially as a consultancy focused on business growth and management. It has since expanded its service offerings to include in-house marketing solutions, providing a comprehensive suite of services to a diverse client base.
The emphasis on recruitment underscores B7’s commitment to growth and its vision for the future. By investing in talent, the agency is positioning itself to capitalise on emerging opportunities, both domestically and internationally.
David Broom, CEO of B7, expressed optimism about the agency’s trajectory, stating that the funding is pivotal for achieving rapid expansion. He highlighted the potential for adapting their services to cater to new sectors, which signifies a forward-looking approach.
Susan Snowdon, an investment executive at NEL Fund Managers, acknowledged B7’s robust growth strategy and expressed excitement about its implementation. She noted that the Northern Powerhouse Investment Fund II offers substantial opportunities for businesses in the North East to innovate and expand.
The investment in B7 is emblematic of the fund’s role in supporting ambitious business leaders and enhancing regional economic vitality.
B7’s approach involves a careful balance between enhancing current operations and exploring innovative solutions to stay ahead in the competitive landscape.
The investment from the Northern Powerhouse Investment Fund II is set to catalyse B7’s growth, enabling it to expand its workforce and market reach. This strategic move highlights the potential for regional businesses to leverage funding for sustainable development.
B7’s collaboration with NEL and the Northern Powerhouse Investment Fund II paves the way for enhanced capabilities and market presence.
The company’s growth strategy, backed by substantial investment, positions it well for future success and expansion into new markets.
