Tag: Funding

Get saving

The Durham Savers Project works closely with County Durham businesses to help improve the financial wellbeing of staff. The aim of the project is to help businesses implement savings schemes in the workplace where staff can save directly from their wages. Thirty County Durham businesses have already signed up to Durham Savers, including the local… Read more »

Chester-le-Street charity receives much-needed financial boost

Waldridge Millennium Green Trust, based in Chester-le-Street, is one of six North-East charities that has received a financial boost following nominations from the public. Funded from the Movement For Good awards, which was set up by specialist insurer Ecclesiastical, each nominated charity received £1,000. The chosen charities join more than 500 other charities across the… Read more »

Money to brighten up the Drum Estate

Public art funding that has remained in council coffers for a decade could now be used to brighten up the Drum Industrial Estate. Chester-le-Street District Council allocated £6,000 in 2008, but Durham County Council took over the following year, when the smaller authority was abolished, and the money has remained untouched. Councillor Craig Martin, who represents… Read more »

Businesses urged to tap into money saving energy scheme

Businesses in County Durham could save thousands of pounds on their energy bills each year by taking advantage of an energy saving advice scheme. Small to medium-sized enterprises (SMEs) across the county have until the beginning of September this year to apply for fully-funded, impartial guidance on making savings to their energy use via the… Read more »

Finance Durham Fund celebrates two-year anniversary

Finance Durham, managed by Maven Capital Partners, one of the UK’s most active finance providers, has, since its launch, invested £3.4 million in 10 dynamic growth businesses across County Durham, driving economic prosperity and supporting the creation and safeguarding of over 250 jobs. Appointed by Durham County Council in May 2017, Maven manages the £20… Read more »

Entrepreneurs celebrate success with Durham City Incubator support

A business incubator is looking for its next cohort of ambitious entrepreneurs after helping its first eight small businesses achieve national recognition and investment funding. Durham City Incubator, which is based at Salvus House, at Aykley Heads, Durham, offers intensive support for businesses which have been trading under 12 months as they go for the… Read more »

£4.9m growth fund launched for County Durham businesses

Over 300 new jobs could be created with the launch of a £4.9 million fund to help County Durham’s small and medium-sized businesses to expand and grow. The three-year County Durham Growth Fund has been launched by Business Durham, the economic development arm of Durham County Council, to help stimulate and enable businesses to grow… Read more »

Investment helps Steelcraft shape growth plans

A Drum estate-based engineering firm, which specialises in fashioning ornate and unusual steelwork, is aiming to take its turnover past the £2million mark with the help of a new investment from the North East Small Loan Fund Supported By The European Regional Development Fund. Steelcraft designs, manufactures and installs a comprehensive range of architectural metalwork,… Read more »

Better Broadband 

The Better Broadband Voucher Scheme is a UK-wide government subsidy scheme to provide a basic broadband installation to homes and businesses that are unable to access a service with a download speed of at least 2 Mbps and who won’t benefit from the superfast broadband roll out within the next 12 months. Since its launch… Read more »

Co-op becomes official Red Box Project drop off point

The Drum Estate-based Co-op depot is supporting the Red Box Project. The scheme is a community-based, not-for-profit initiative, which aims to support young people whose families may not be able to afford sanitary products. They provide red boxes filled with sanitary items to schools. The Co-op is proud to be supporting the Red Box Project… Read more »

ITPS bags donations for St Oswald’s Hospice

Drum-Estate based Technology firm IT Professional Services (ITPS) launched a “Bag It” appeal in aid of St Oswald’s Hospice. Although donations were supposed to be delivered to St Oswald’s a few weeks ago, staff had so many old clothing items to bag up that the firm decided to extend the deadline. MD Garry Sheriff and… Read more »

£10k funds available for County Durham businesses

Entrepreneurs who are part of an incubator designed to help companies grow and thrive in County Durham will now be able to access up to £10,000 of funding each. Durham City Incubator (DCI) is open to businesses that have been trading for under 12 months and are based in County Durham. It is a unique… Read more »

Businesses urged to join Cancer Research UK’s Race for Life

Businesses in the North East are being encouraged to get the year off to a great start by making a date to join Cancer Research UK’s Race for Life. Businesses are being encouraged to enter teams, or to encourage individual employees to take part in this year’s Race for Life. There are events for people… Read more »

New investment fund offers £15,000 to businesses looking to grow

Innovative businesses can access up to £15k of investment with the launch of new business support programme, Innovate:Grow. Conceived by Generator and Auxin OKR, the latest funding programme, Innovate:Grow, has investment from the North East Innovation Fund supported by the European Regional Development Fund. It’s managed by Northstar Ventures. It will run two funding cohorts… Read more »