Tag: Funding
Creative enterprises with the potential to become booming businesses in the North East will benefit from a new national £17.5 million funding pot to help expand their operations, attract additional investment, and create jobs. The North East has been awarded £1.275 million in grant funding from the Department for Digital, Culture, Media and Sport (DCMS) […]
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 County Durham Growth Fund has been awarded an additional £4,000,000 of funding to continue supporting businesses across the county until June 2023. Established in April 2019, the fund was initially a £4.9m capital grant scheme providing grants to small and medium enterprises in County Durham to accelerate their growth. Due to the additional funding, […]
The County Durham Growth Fund is celebrating having invested more than £500k in three businesses from across the county within 10 months of its launch. Established in April 2019, the three-year fund is a £4.9m investment scheme providing funding to small and medium sized businesses in County Durham to accelerate their growth. The fund overseen […]
20 high potential technology companies from as far afield as Canada and Columbia are relocating to Gateshead to join a new accelerator programme, run by Ignite with support from Northstar Ventures. Ignite has invested in more than 200 companies across the UK since launching in 2011, with North East success stories Moltin, SpecifiedBy and Leaf Grow […]
A £120m investment fund to drive local growth and job creation will now go live after the agreement was signed on 23 March 2018 by the representatives from the European Investment Bank (EIB) and The North East Fund Limited (TNEFL). The North East Fund, supported by the European Regional Development Fund, will offer a range […]
Further funds have been released by the North East Rural Growth Network to support the growth of businesses in rural Northumberland, Durham and Gateshead. A call has been made for businesses to apply for two separate funds – the Strategic Economic Infrastructure Fund (SEIF) and the Rural Business Growth Fund (RGBF). The SEIF can support […]