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 […]

County Durham Growth Fund secures an additional £4 million for capital grant scheme
County Durham Growth Fund – an additional £4 million secured for capital grant scheme
County Durham Growth Fund – an additional £4 million secured for capital grant scheme

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, […]

County Durham Growth Fund
Business Durham invests over half a million in local business growth
Business Durham invests over half a million in local business growth

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.
International tech companies relocate to Gateshead to join a new accelerator programme run by Ignite
International tech companies relocate to Gateshead to join a new accelerator programme run by Ignite

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 […]

£120m North East Fund goes live
£120m North East Fund goes live
£120m North East Fund goes live

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 […]

North East Rural Growth Network Releases Further Call for Rural Business Capital Projects
North East Rural Growth Network Releases Further Call for Rural Business Capital Projects

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 […]