Finance & Investment

Accessing the right funding for your business can be a bit of a minefield. At Business Durham, we’re here to show you the best funding opportunities for your company.

Durham Business Recovery Grant

To support local businesses in looking forward and meeting the challenge of recovery, Durham County Council has introduced a £5 million Durham Business Recovery Grant. Open to businesses in all sectors located in the County, the grant is aimed at those with a credible plan to adapt and recover from the effects of COVID-19, but requiring financial support to implement their plan.

Click here to find out more

Finance Durham

Finance Durham is a £20m investment fund from Durham County Council which will help businesses in County Durham grow creating thousands of jobs. It is managed by Business Durham and administered by Maven Capital Partners.

The fund will make financial investments in local businesses based in the county supporting up to 70 companies in its first ten years.

Funding will range between £150,000 to £800,000, with ten per cent of the fund being smaller investments, between £10,000 and £40,000 for incubation businesses.

Businesses must be based in County Durham or be relocating to the region when the investment is made.

To find out more please visit the Finance Durham page

County Durham Growth Fund

The County Durham Growth Fund is for small or medium businesses planning a capital investment of at least £100,000, which will lead to the creation of additional employment.

If your business is looking to expand or establish new operations in County Durham the County Durham Growth Fund may be able to help.  It is a European Regional Development Fund (ERDF) to support capital expenditure for County Durham businesses.

The fund is being delivered in partnership with UMi, so if you are interested please contact one of their dedicated advisers who will check your project eligibility and will support you with your application.
Find out more:

Call 0191 716 1006

Our finance network

We have strong links with banks and financial intermediaries, and we’ve supported several companies to access venture capital and government grants, such as NBSL and Finance for Business North East.

The North East Growth Hub has a searchable database with over 70 funds.

Innovate UK and Horizon 2020 are specific funding sources for innovation and R&D.
There are often initiatives to support specific sectors, such as automotive, offshore, space, nuclear, and the process industry.

Business Durham can help you find the right scheme, contact us now.

Finance advice for business

Advice on R&D Tax Credits, other tax reliefs and best practice accountancy advice is also available.

Whether it’s innovation grants, debt, equity or asset-backed finance, we can help you find it. Contact us now.

Get in touch

Other Business News

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Recovery Loan Scheme launched

Recovery Loan Scheme launched

Six Aycliffe firms benefit from £200k+ Covid recovery funding

Six Aycliffe firms benefit from £200k+ Covid recovery funding

Finance Durham launches a series of funding clinics across County Durham to boost business support

Finance Durham launches a series of funding clinics across County Durham to boost business support