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Gateshead firm Aspire Technology Solutions named Company of the Year at North East Business Awards

Event took place in virtual format for the first time after being postponed because of the coronavirus outbreak

Kirsten O'Brien and Alfie Joey host the virtual North East Business Awards(Image: Reach plc)

A rising tech firm which is growing amid the challenges of the coronavirus pandemic has triumphed as Company of the Year at the North East Business Awards grand final.

Gateshead’s Aspire Technology Solutions is celebrating after scooping the top prize at the awards, which were held virtually for the first time.

Aspire had previously won the top prize at the Northumberland and Tyneside Business Awards, held before the lockdown was imposed, and beat fellow finalists AR Power and J&B Recycling, winner of the Durham, Sunderland and South Tyneside awards and Teesside awards respectively.

The business was launched 14 years ago by Chris Fraser and Nigel Begg and now employs more than 150 people across its head office in Heworth Hall, Gateshead, and an office in London.

Aspire, which specialises in connectivity, managed services and infrastructure solutions, smashed its five-year goal of reaching £20m turnover a year early and recently reported revenues of £23m to February 2020, a 15% jump year-on-year.

Now, the firm is seeing huge demand from firms looking to boost connectivity, prompting it to pledge to make investments in the year ahead – including a further £4m in local infrastructure to boost business connectivity across the North East, helping firms through the pandemic including those switching to working from home arrangements.

Chris Fraser, one of the founders of Aspire Technology Solutions, said: “I remember when we first applied for the business awards back in 2008, looking towards the big awards and wondering if we could ever, would ever win any. It just seemed impossible to scale those heights.

“We were lucky enough to win newcomer of the year some years ago and then won the company of the year award at the regional heats, which just knocked our socks off. To come through and win at the grand final - I don’t think I can put into words just how much it means to us."