Northern Powerhouse-centric investment platform Northinvest and Yorkshire law firm Gordons have come together in a strategy partnership.
The three-year partnership will see Gordons work closely with NorthInvest’s senior management team to identify, connect and develop early stage tech start-ups throughout the North of England.
Launched by digital entrepreneur and founder of telecoms operator aql, Professor Adam Beaumont, the not-for-profit platform has helped 73 companies by providing advice and investment in the past eight months.
NorthInvest founding board director Helen Oldham, said: “Demand for our platform, and the number of angels in our network, continues to grow at pace, so being able to augment our offer with Gordons’ range of skills and expertise will further enable our success. NorthInvest is about enabling start-ups and innovators across the North to access funding, gain recognition and realise their potential to change the world for the better.
“Gordons’ straightforward, practical approach, inclusive culture and excellent connections throughout the region makes for an ideal partnership for us and our ventures, mentors and investors. We look forward to working closely with Gordons to achieve our objective of fulfilling the North’s potential as a national and international technology leader.”
Managing Partner at Gordons, which has offices in Leeds and Bradford, is Paul Ayre. He said: “NorthInvest’s platform is redefining angel investment for tech businesses in the North. It’s an exciting time to be partnering with the company as it continues to accelerate.
“Working together to find, connect and enable tech businesses to succeed will enable us to play to our strengths as a law firm. We have a distinct approach and attitude which is ideally suited to entrepreneurs and their businesses whilst also understanding the needs of investors.”
NorthInvest founder Prof Adam Beaumont said: “We thank all of our sponsors and supporters. What we’re doing is pushing water uphill – helping drive growth by backing our entrepreneurs of tomorrow. This is not without risk.
“What would be a mark of success is that if a handful of the businesses which NorthInvest – and Gordons through their kind support – help along the way, achieve success. Then we’ve done something which supports the region and the North and built trust with those businesses and founders to accompany them on their journey.”
Gordons employs 200 people in total, split evenly between its Leeds and Bradford offices. The firm’s clients include retailers AO World, B&M, Iceland and Wren Kitchens; construction and high performance materials manufacturer Saint Gobain; and international brewers Molson Coors.