Finance for County Durham businesses

UK private equity firm Maven has been re-awarded a contract to manage the £20 million Finance Durham Fund for another five years to channel investments into businesses in the area.

The Fund can invest to support the growth of businesses located in, or looking to relocate to County Durham, who are looking to develop new products, enter new markets and/or expand their current operations.

A simple alternative to bank finance, the Finance Durham Fund is transforming the financial landscape for businesses across County Durham.

Debt and equity funding is available between £150,000 to £2 million to support business growth.

The finance available can help with the following:

  • Asset and stock finance
  • Relocation expenses
  • Working capital
  • Expansion costs
  • Recruitment or training of staff
  • New products or services
  • R&D and Innovation
  • MBO’s and replacement capital
    Start-up costs

The Finance Durham Fund can back companies of all sizes and across most sectors, which contribute to economic development and job creation within the County.

The Fund is only available to businesses who are based in, or looking to relocate to, County Durham.

Get more details and apply.

Finance for County Durham businesses

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