Middlesbrough Transporter Bridge

Middlesbrough Transporter Bridge

Enhanced business support for Tees Valley businesses

The Tees Valley Combined Authority comprises the five Tees Valley local authorities (Darlington, Hartlepool, Middlesbrough, Redcar & Cleveland and Stockton-on-Tees) and the Tees Valley Local Enterprise Partnership.

This new body was created April 2016 to drive economic growth and job creation in the area, elevating partnership working between the public and private sector to a new level to create an even more effective approach to building a stronger Tees Valley, and bringing with it new business investment, the creation of more jobs, improved transport links and local skills.

Devolution is about transferring powers from Westminster and Whitehall to Tees Valley so we make decisions for our local people not people 250 miles away sat behind a desk. The Tees Valley Devolution Deal provides for the transfer of specific powers and responsibilities on economic growth, including transport, skills and regeneration. The Deal also includes the establishment of a Tees Valley Investment Fund to drive economic growth in the Tees Valley. An additional £15m per year will be allocated by government.

Tees Valley Business Compass is the local growth hub delivered by BE Group on behalf of Tees Valley Combined Authority. It is an enhanced service and is the point of contact for Tees Valley businesses looking to grow their business, workforce or for support and guidance. It helps ambitious businesses realise their growth potential by offering access to a range of practical services, from local business information, assessing growth options through to unlocking finance and funding streams. The Tees Valley Business Compass is part-funded by the European Regional Development Fund and the department for Business, Energy & Industrial Strategy.

David Budd, Chair of Tees Valley Combined Authority, said, “This is a perfect example of the public and private sector working together for the benefit of Tees Valley. Tees Valley Business Compass is integral to the support available to ambitious local businesses, which are key to growing the region’s economy. “I would recommend that growing companies explore the help and advice on offer and join the increasing number of businesses that have benefitted”

How Tees Valley Business Compass Works - Whatever your business needs we can help you review your options and access the right support specific to you. The service includes specialist business support, in-depth diagnosis to identify opportunities, access to grants via the Tees Valley Business Fund designed to help remove barriers to growth, implement change and become more innovative, more competitive and more profitable.

Businesses can access Tees Valley Business Compass support in several ways:
Call the National Support Helpline on 0300 456 3565 or email us at support@teesbusinesscompass.co.uk
Register your interest by filling out the simple form on our website www.teesbusinesscompass.co.uk or use the online chat service or find us on social media: Twitter - @Tees_Compass or Facebook - www.facebook.com/TeesValleyBusinessCompass