The Business Factory has helped to launch its 1000th new business in Caggers Parts Ltd - a shot blasting venture.
Mr Caygill previously ran an engineering business, refurbishing printing presses as part of the G4S Group.
Now he has now combined his passion for fixing cars with his engineering and software background, to set up Caggers Parts Ltd, supplying to local car garages and mechanics.
He said: “The Business Factory has been a tower of strength over the past few months, providing both help and advice but real encouragement.
“The team have helped with my business planning but more importantly have given me the belief that the business idea is a sound and has potential to succeed.”
Over the past 28 months at least one new business has been established daily with the support of specialists at The Business Factory.
Coun Frank Lott, North Tyneside Council’s Cabinet member with responsibility for Business Support said: “We are totally committed to supporting and encouraging enterprise across the borough, and The Business Factory continues to be instrumental in doing this.
“It is quite phenomenal to think we have reached our 1000th milestone – that is an awful lot of new businesses, many of whom are now employers themselves.
“Caggers Parts Ltd is a shining example of the quality of the new businesses that are emerging across North Tyneside and I’m delighted that we are able to help such companies succeed.”