Newcastle based digital brand design agency ‘jumps ahead’ via six-figure funding
A North East digital brand strategy and design agency is looking to build its European presence and its local team after securing a six-figure investment from the North East Growth Capital Fund Supported by the European Regional Development Fund.
JUMP offers creative design, digital solutions and marketing services to a growing roster of regional, national and international clients, including Newcastle’s Business Improvement District company NE1, the NHS, Newcastle University, Peacocks Medical Group and Living North magazine.
The Newcastle headquartered agency has been working with business growth specialists 360 Growth Partners on the development of plans for the next -stage of its evolution and the marketing strategy that will underpin it.
After working with regional fund management firm NEL Fund Managers to bring in the £100k investment, JUMP is now looking to expand both its North East team and overall client base with a view to reaching a £1.2m turnover target by 2025.
The design and marketing teams have seen some consistent growth over recent months and are supported by three new marketing and graphic design positions, with more planned to follow in the coming months.
The business is also targeting new markets in continental Europe, using the experience it has gained with clients in Spain, Holland and Ireland, as well as in China. JUMP works across all industries, with particular expertise in the education, food & beverages and digital technology sectors.
It’s the third time that the agency has worked with NEL Fund Managers to bring in growth capital, with previous investments being made in 2015 and 2020.
Managing director Rob Brown, who co-founded the agency in 2007, commented: “We traded well right through the pandemic and came out of it in a good position to grow the business quickly.
“We’ve taken the time to look at all aspects of the way we work and the potential for doing things even better, and we’re now ready to execute the strategies we’ve developed with 360 Growth Partners which we’re confident will enable us to achieve our objectives.
“The North East offers an impressive talent pool in the digital and design sector and we’re going to be accessing it over the next year to help expand the high-quality team that we already have in place.”
By Matthew Neville – Senior Correspondent, Bdaily
- Add me on LinkedIn and Twitter to keep up to date
- And follow Bdaily on Facebook, Twitter and LinkedIn
- Submit press releases to editor@bdaily.co.uk for consideration.
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.