Welcome to Finpact

Unleashing the Northeast England’s Full Potential

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Our Vision for Impact

FinPacts’s Vision is for the Northeast to be recognised as a world class ecosystem, where the resources of the private sector, learning establishments , finance, the public sector and physical places are aligned and optimised. A region where innovation thrives, financial businesses and aligned cross sector businesses grow with our entreperneurs and intraprenuers. A place our people prosper to make an impact on our society, environment and economy globally.

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A Purpose to Inspire People

Our Purpose creates the ideal environment for innovation to thrive, making a positive impact on our Society, Environment and Economy (SEE) by focusing on digital, data and tech skills where finance has a part to play across multiple sectors of our lives and in so doing seeing our regional businesses and people benefit.

Our Mission is to tackle the problems hindering the region’s progress, building on the great organisations that call the NE their home and collaborate with organisations from anywhere that share the same goals.

We do this by bringing purpose driven projects with an aspect of finance, FinTech, AnyTech to face into areas such as the poverty premium, pension deficit, inclusivity, equality, financial crime, cost of living and levelling up. We do this through education, mentoring, working on real life projects, with unique data to improve our talent, fill their skills gap, to innovate and make an impact.

Unique Business Model

A Business Model to Unlock Our Boundless Potential.

1Talent

Like other regions, Northeast England grapples with a significant digital skills gap, inhibiting its ability to align education with commercial skills demand to attract and retain top talent. We Solve some of this with real life projects, practicing existing, new skills alongside mentors and support.

2Innovation

The Northeast has the potential to become a hotbed of innovation, but it has yet to reach a significant threshold, evidenced by low levels of entrepreneurship and fewer scale-ups. We solve this by collaborating with entrepreneurs, education, corporates, organisations to bring viable use cases to a point of further investment.

3Impact

By addressing the digital skills gap, fostering innovation, alongside showcasing the region’s academic and corporate expertise, we can unleash Northeast England’s true potential. We enable our partners track their efforts all the way to impact.

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The Enablement Engine

Solving Problems, Creating Opportunities for a Better Society, Environment and Economy

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How we work

Harness the power of the enablement engine
The Enablement Engine “stiches” organisations together with people looking to improve their digital skills for a better chance in life. Our focus is on collaboration with the community of organisations, partnering with what is there in the FinTech NE ecosystem and wider cross sector market. Our objective is a catalyst with the building blocks, to sign post, support, enable us to drive continuous improvement and innovation for impact.

Tackling Problems, through Research and Use Cases
Together we identify the problem or opportunity statements and a hypothesis. We set up multi-disciplined teams looking to broaden their skills and experience. We provide data scientists, unique data assets to do research into the hypothesis. The team works up potential use cases, POC’s that feed into innovation, design labs for potential investment from a broad range of investors