Invest North East England news
Tynexe Commercial Ltd, developer of AirView Park, has agreed the release of funds to submit a planning application for a new, 18,000 sq ft, high quality office-based scheme. It will comprise of two buildings aimed at delivering new jobs, inward investment and business growth opportunities to strengthen the North East’s recovery. The scheme could […]
The County Durham Growth Fund has awarded grants of nearly quarter of a million to two manufacturers from across the county, helping to create over 30 jobs. Established in April 2019, the fund is a £8.9m capital grant scheme providing grants to small and medium enterprises in County Durham to accelerate their growth. Each of […]
A programme that has already nurtured the bright ideas of 200 regional businesses is to be extended by the North East Business and Innovation Centre (BIC). Since its launch in 2011, the Innovation Programme has provided advice and funding worth more than £1,400,000 to help companies become more innovative and competitive – creating 128 jobs […]
Ocado Retail’s CEO, Mel Smith CBE, has spoken of the ‘huge significance’ of the firm’s Sunderland site, less than two years after the global grocer arrived in the city. With 300 full time employees already in post, less than 18 months since it opened a new base in the city centre’s Beam building on Riverside […]
Eleven entrepreneurs are set for success by taking part in the six-month Durham City Incubator programme to develop their businesses. The County Durham start-ups hope to follow in the footsteps of Plastech Innovation, Heartwood Skills CIC and ChatPro who have all successfully completed the accelerator programme over the last three years. Durham City Incubator (DCI) […]
The latest phase of a major County Durham scheme is now underway with the development of a range of industrial units at Station Place in Newton Aycliffe. Station Place, which is now under construction, is part of the wider £90m Merchant Park industrial scheme in Newton Aycliffe – a 65-acre development at Aycliffe Business Park […]
Hitachi Rail’s investment at its County Durham factory – which now totals £110million – sees new facilities completed, allowing welding and painting to start on brand new UK passenger trains. New welding and painting facilities will be used to build the next generation of intercity trains for East Midlands Railway and Avanti West Coast. Around […]
ISOCOM LIMITED, a County Durham optoelectronic component manufacturer, is working with Northumbria University to develop the world’s first commercially available laser-based satellite communication system via the National Space Innovation Programme. Peterlee-based ISOCOM is a leader in the the design, manufacture, and testing of high-quality optoelectronic and microelectronic components for the space, defence and aerospace industries. The […]