top of page

The machinery we’ve been able to purchase with the support of the County Durham Growth Fund is far more advanced than anything we were using previously and means we’re able to work in a far more exact and precise way.

Dr Gary Gibson

Founder

AN innovative County Durham company which produces man-made diamonds is moving into the next phase of its growth after securing a five-figure grant.

Dyman Advanced Materials has been able to invest in state-of-the-art machinery including a laser cutter, a furnace and a polishing kit with the support of the County Durham Growth Fund.

The machinery enables NETPark-based Dyman, which was founded by Dr Gary Gibson in 2018, to create and then precisely slice the diamonds into various shapes and sizes.

The man-made diamonds, which are seen as a more ethical alternative to mined gemstones, are then supplied to clients in sectors including the automotive industry, oil and gas, healthcare, space and the jewellery market both in the UK and around the world.

Dr Gary Gibson said: “The machinery we’ve been able to purchase with the support of the County Durham Growth Fund is far more advanced than anything we were using previously and means we’re able to work in a far more exact and precise way, cutting the diamonds into shapes with micron accuracy (1/1000 of a millimetre).

“This increased capability means we’re able to target even more markets and has significantly increased our capacity to deliver either bespoke or bulk contracts for clients.

“We’re now looking ahead to an exciting year for the business which could also see us move to larger premises in Phase Three of NETPark.”

Dr Gibson founded Dyman Advanced Materials after first coming up with the idea when he was aged just 20 and at university.

After that, he worked for fellow NETPark-based innovator Kromek before founding Ibex Innovations.

He then managed to secure funding to launch Dyman and in the four and a half years since, has taken the business from a two-man outfit to one that employs 10 people.

Dr Gibson added: “Our diamonds are as good as the world’s leading producer of mined diamonds – you cannot tell the difference between them.

“The processes we use also mean that we can take a ‘junk’ diamond and by heating it up in our furnace to around 2000 degrees, you can turn it into a proper diamond.

“Although currently the diamonds we produce are for the industrial market, there could potentially be scope for us to look at the gemstone market, however, the timing would have to be right for us as a business as it would mean significant scale-up.

“For now though, our priority is to start and sell commercially and generate our own profits – up to now our growth has been supported by grants and investment.”

The County Durham Growth Fund is managed by Business Durham in partnership with UMi and is supported by the European Regional Development Fund (ERDF). All successful grant applications are appraised by UNW LLP, an independent firm of chartered accountants and business advisers.

Janet Todd NETPark Project Director at  Business Durham said: “Dyman Advanced Materials is a  real innovator within their field, a County Durham-founded company working on a global scale. The support they’ve had from the County Durham Growth Fund has been pivotal to their plans to continue to grow and I am delighted to be able to help them access the help they need to take their business to the next level.”

Simon Allen, investment centre director at UMI, added: “Dyman is the perfect example of a trail-blazing company that is actively growing and creating jobs with the help of the County Durham Growth Fund.”

Lara Marshall, corporate finance manager at UNW, said: “Dyman is  now ideally positioned to take their business to the next level and break into new markets after purchasing industry-leading machinery with a grant awarded to them by the County Durham Growth Fund.”

Innovative diamond manufacturer moves to next phase of growth thanks to grant

Innovative diamond manufacturer moves to next phase of growth thanks to grant

Some of  the businesses we've helped

Marmax Products

We have been delighted with the support that Business Durham and their partners have provided our company and with additional funding, we hope to further develop our working practices to safeguard our existing business and expand our capabilities to meet new customer demands and expectations.

Dave Johnson
Managing Director

Redditch Medical

NETPark is a fantastic place to do business in terms of facilities, potential for growth and for collaboration.

Steve Brown
Managing Director

Tekgem

The facilities and ancillary business services here are second to none and the campus feel of the science park suits the culture within the company.

Ian Gemski
Director

SEEDS

The ecosystem in NETPark is just right for us; SEEDS first came here because of its partnership work with the CPI and now our vision is to have a busy lab facility developing various applications and licensing them out to companies.

Peter Chalder-Wood
Head of Strategic Partnerships

Magnitude Biosciences

We expect to more than double the team in Sedgefield to 45 over the next two to three years, with a larger commercial team allowing us to expand our global footprint.

Dr Fozia Saleem
CEO

Wootzano

At a time when the fruit packing labour market is very challenging across Europe and North America, compounded by Brexit, Covid, and the movement of people, Wootzano’s robots are providing a niche solution using game-changing, world-class technology that has been developed here on NETPark.

Jesse Opoku
Chief Operating Officer

Teescraft Engineering

Teescraft Engineering has been a major employer in County Durham for a number of years and I’m delighted that, with grant support through the County Durham Growth Fund, the company is embarking on ambitious plans to significantly expand.

Hazel Sykes
Business Durham

ATT Fabrications

We knew we had the space to add new machines which would not only improve productivity and efficiency but also allow us to add new products and processes, the County Durham Growth Fund helped this happen.

Andrew Devlin
ATT Fabrications

AAA Caring Caretaker

The Caring Caretaker is a company that’s grown from one to a team of 41 and is now, with grant support from the County Durham Growth Fund, in the process of taking its business journey to the next stage, moving to much larger premises and creating a further 10 jobs, cementing its long-term future here in County Durham.

Sarah Slaven
Managing Director, Business Durham

Renovo Solutions

We’ve been incredibly lucky to have secured financial investment from Business Durham which really has been crucial to the growth of the business and fast-tracked our plans in such a short space of time.

Antony Gray
Founder

Ashgarth Engineering

The grant we’ve received from the County Durham Growth Fund has been invaluable to us as without it we probably would have only been able to purchase one machine.

Niall Ash
Director

TO Mounter

We were looking at investing in new machinery which would enable us to expand our client base, and our accountant mentioned the County Durham Growth Fund to us.

Lisa Mounter
General Manager

Creator

Investing in this additional space means we now own our future – we’re not in anyone else’s hands and that’s a fantastic position to be in.

Ryan Carter
Founder

E Catering

We took on more space than we needed to, allowing for our planned growth over the next five years, however with the grant support we’ve had from the County Durham Growth Fund, we are now looking at achieving our projections in the next three years.

Reece Ingham
Head of Finance

Tridonic

It has been a testing couple of years due to the pandemic and this support has been invaluable. Going forwards, we intend to invest further in technology and skills to strengthen our position in this competitive marketplace.

Ben Kennard
Manufacturing and Supply Chain Manager

Newton Press

We’ve got a great team now and looking ahead this year, for us it’s about building on what we have, and then expanding with new orders and further investment at the right times to propel this business forward in this new space.

Stuart Howarth
Sales Director

Dyman Advanced Materials

The machinery we’ve been able to purchase with the support of the County Durham Growth Fund is far more advanced than anything we were using previously and means we’re able to work in a far more exact and precise way.

Dr Gary Gibson
Founder

Get In Touch

Business Durham is the business support service for Durham County Council, helping to deliver more and better jobs and a strong competitive economy.

Contact our friendly team for help with your business.

My enquiry is about
How did you hear about Business Durham?
bottom of page