County Durham training firm to create 10 new jobs following latest investment
A North East training firm aims to create a raft of new jobs and double its turnover after securing five-figure investment.
Oracle Training Solutions has received £30k investment from the North East Small Loan Fund, which is supported by the European Regional Development Fund.
The firm, which delivers work-based training courses for sectors such as teaching, management, administration, logistics and hospitality, expects to create three new jobs initially at its Birtley headquarters in the near future.
William Fitzpatrick, managing director at Oracle Training Solutions, commented: “Doubling both our workforce and our turnover in the next year is a challenging target, but we’re already on our way towards achieving both ambitions and the expansion of both the services we provide and the areas in which we provide them will help us make swift further progress.
“The accessibility of the Small Loan Fund was an important factor in choosing to go down this investment route and the face-to-face support we got from the NEL team was extremely useful as we moved through the application process.”
In addition, Oracle is setting up a new logistics academy in Yorkshire, as well as taking on its first contract in the South West.
William explained: “All our training is based around the strengths and needs of each individual, and we aim to deliver high-quality education and training which will raise their skills and knowledge and so equip them to make the sort of progress in the workplace they’re looking for.
“We’re already very active in Yorkshire, but establishing a logistics academy there will give us a physical base from which we can make further gains right across the county and further south too.
Jonathan Armitage, investment executive at NEL Fund Managers, added: “Oracle has a strong track record in delivering impactful training and skills development courses.
“The investment we’ve made will support their growth ambitions by extending their operations into new areas.”
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