Tag: Funding and Incentives
The County Durham Growth Fund has awarded £5.4 million in grants to 21 companies from across the county, helping to create over 500 jobs. Established in April 2019, the fund is a £8.9 million capital grant scheme providing grants to small and medium enterprises in County Durham to accelerate their growth. The fund is managed […]
Five North East firms will share a £1.7m cash pot after being selected to showcase their innovative technologies to offshore wind industry giants, through the first round of the Technology, Innovation and Green Growth for Offshore Renewables (TIGGOR) programme. The companies will demonstrate their technologies to offshore giants Equinor and EDF Renewables. The successful companies […]
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 […]
The North East Fund has announced that during 2020, it helped more than 100 regional companies to raise £50m of funding despite the coronavirus pandemic. Businesses across Northumberland, Tyne & Wear and County Durham received £20m of investment direct from the North East Fund which then helped them to secure a further £30m of finance […]
A new support programme is launching to help businesses affected by the coronavirus pandemic to recover and restart. The Northumberland Covid Business Response Programme (NCBRP) has been launched for businesses in Northumberland. Following The North of Tyne Combined Authority’s recent pledge of £5 million to help businesses and communities in the North of Tyne area […]