County Durham Growth Fund injects £225k cash boost to create manufacturing jobs
County Durham Growth Fund injects £225k cash boost to create manufacturing jobs
County Durham Growth Fund injects £225k cash boost to create manufacturing jobs

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 […]

Successful Innovation Programme extended
Successful Innovation Programme extended
Successful Innovation Programme extended

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 […]

Jason Hobbs, CEO North East Fund
North East Fund hails strong SME resilience – £50m invested in 100 companies during 2020
North East Fund hails strong SME resilience – £50m invested in 100 companies during 2020

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 […]

Northumberland Covid Business Response (NCBRP) programme
New programme helps businesses recover and restart
New programme helps businesses recover and restart

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 […]