'Ambitious plans' - South Tyneside print company reveals ‘six-figure’ funding windfall
A South Tyneside printing company has been boosted by significant regional funding
A South Tyneside printing company has secured “six-figure” funding as it strives to become a £1 million turnover business.
Jarrow-based Cut Print Solutions will scale up its operations after receiving the funds from North East Elevate Fund, part of North East Mayor Kim McGuinness’ £100m regional investment framework, which aims to help new companies. The fund is managed by FW Capital.
Cut Print Solutions, established in 2023 by Madge and Stephen Downey, is investing the funding in new equipment to boost productivity and support company expansion.
The firm specialises in commercial printing services covering all aspects of wide format, fine art prints, custom cut stickers, vinyl and architectural plan printing and more.
It is based in Jarrow and was established in 2023 by Madge and Stephen Downey, specialising in commercial printing services covering all aspects of wide format, fine art prints, custom cut stickers, vinyl and architectural plan printing and more.
Cut Print company director Madge Downey said: “We’ve experienced really strong growth since starting Cut Print Solutions in 2023, and this investment gives us the opportunity to take the business to the next level.
“The new equipment will significantly increase our production capacity, allow us to bring more work in-house and give our customers faster turnaround times while maintaining the quality and service we’ve built our reputation on.
“We have ambitious plans for Cut Print Solutions and want to continue growing our team, expanding our customer base across the UK and building on the range of print and branding services we offer.”
Ruby Knowles, assistant investment executive at FW Capital said: “Cut Print Solutions is a fantastic South Tyneside-based business who are experiencing significant growth.
“The funding marks a key step forward for the business, allowing them to invest further in new equipment that will meet their increased operational needs as well as increasing efficiency and reducing costs.
Cllr Susan Sybenga, deputy leader of South Tyneside Council, said: “It's fantastic to see Cut Print Solutions become one of the first South Tyneside businesses to benefit from the North East Elevate Fund.
“This investment will help the company build on its success, create new opportunities and strengthen its position here in South Tyneside.”
For more about the North East Fund and its Elevate and Accelerate Funds, visit www.northeastfund.org.