Tag: Durham
£6.7 million of funding has been awarded to proposed heat network schemes in the North East of England today through the Government’s £320 million Heat Networks Investment Project (HNIP). Seaham Garden Village and Newcastle University are among the schemes to have been awarded funding through HNIP, which has now awarded over £125 million in its […]
An international engineering and solutions company in the cybersecurity and space sectors is the first tenant at a new co-working space at the North East Technology Park (NETPark). RHEA Group has opened a new office at the Satellite Applications Catapult CO-SPACE at NETPark in Sedgefield, County Durham, to join the region’s growing space sector. The […]
Rapidly growing Fintech company, Growth Capital Ventures (GCV), has secured £1 million of growth capital from institutional investors to continue its expansion and fast-track the growth of Britain’s burgeoning tech sector. GCV has now opened up the investment round to new private investors via its online investment platform – growthfunders.com Investment from the current round will […]
Hitachi Rail and Hyperdrive Innovation have signed an exclusive agreement to develop battery packs to power zero-emission trains and create a battery hub in the North East. The two North East manufacturers will now accelerate the creation of batteries that can be mass-produced to provide emission-free power for hundreds of battery trains across the UK. […]
INEOS, one of the world’s largest manufacturing companies, has today announced plans to produce 1 million hand sanitisers per month to help with the European shortage. The chemicals company plant to construct two purpose built factories for this, one in Newton Aycliffe, County Durham and another in Germany. INEOS, who have sites in Grangemouth, Middlesborough […]
Planning consent has been given for a new multi-million pound business park which could see the creation of more than 2,500 jobs in County Durham As a first phase, Durham County Council is funding the construction of seven speculative units (comprising 155,000 sq ft) at Jade Business Park, next to the A19 and Dalton Park, […]
Innovative businesses in the North East are at the forefront of a new programme to capitalise on insightful data from satellites and earth based sensors and use it to tackle major problems facing businesses, governments and communities. SAINTS – Situational Awareness Information National Technology Service – will bring together experts from business, universities and the […]
An incubator designed to help fledgling companies grow and thrive in County Durham has been launched at one of the region’s fastest growing business hubs. Durham City Incubator, based at Salvus House, in Aykley Heads, Durham, will be open to businesses that have been trading for under 12 months and are based in County Durham. […]