Finance leaders set out investment potential in the North

There are twelve $1 billion tech businesses in the North and investment in Northern tech companies is at a 10-year high. However in order to capitalise on the opportunities around high-potential small businesses in the North – particularly the fast-growing tech sector – visibility of capital needs to improve.
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The day after Britain officially began its Brexit breakup with the European Union, representatives from 100 tech companies with a combined revenue that topped $2 billion gathered at The Boiler Shop, an old railway building reborn as an event’s space in the northern city of Newcastle. There, the Northern Tech Awards, organised by tech-focused investment advisory
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Top tech firms in the North hit £1.9bn revenue

The top 100 fastest growing technology companies in the North generated £1.9bn in revenue last year, according to data compiled by tech investment bank GP Bullhound. Hugh Campbell, managing partner of GP Bullhound, said: “After years of huge potential, Northern tech companies now command the valuations and deals worthy of international recognition.
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REVEALED: THE NORTHERN TECH AWARDS WINNERS IN FULL

The 100 fastest growing tech firms in the North were honoured in the prestigious Northern Tech Awards ceremony in Newcastle last night. Data compiled by GP Bullhound and Tech North revealed that between them the 100 fastest growing tech firms in the north generated over £1.9bn in revenue in 2016.
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