A specialist drainage firm has secured funding of £250,000 to accelerate expansion including the creation of 15 jobs.
Team Valley-based Green Spark Utility Services says it wants to significantly build turnover in the next four years following the injection of cash from the North East Growth Capital Fund Loan Fund. The Tyneside firm has developed patented 'Typhoon' pipe-cleaning technology, and after working with regional fund management firm NEL Fund Managers, and now hopes to land more and larger clients.
Following a management buyout in 2019, the firm is already working with established clients such as Northumbrian Water, Esh Construction and Drax Power. Now, it is focussing attention outside of the region, including looking for work with local authorities, and is assessing a potential future break into the US market.
