Scale-ups (£500,000 to £1 million)
About 1.8% of 2015 business start-ups in the North East LEP area with initial turnovers of less than £500,000 survived to 2018 and had turnovers that had grown to more than £1 million. This is below the English average (2.0%) and is the 4th highest among the 8 core city LEPs.