News & Events

Funding for Durham Businesses

Monday 8th January 2018



Looking to relocate to County Durham or considering starting up an enterprise in the county? Or are you an existing business already based in the region? Then this may be of interest. The Durham Finance Fund was set up by Business Durham to boost economic development and it is managed by Maven Capital Partners. The fund includes:

  • £20 million of funding available to companies of all sizes across most sectors, which will contribute to economic
    development, job creation and innovation within the County.
  • The Fund can provide flexible equity, debt or mezzanine funding packages of between £200,000 and £700,000
    to established businesses.
  • 10% of the Fund is available for investments of up to £40,000 for start-ups or small businesses seeking finance
    for innovation. 

Investment can be used to fund a variety of projects including:

  • Start-up costs
  • Assett and stock Finance
  • Relocating Expenses
  • Working Capital
  • Expansion Costs
  • Recruitment or training of staff
  • New Products or Services
  • R&D and innovation
  • MBOs and replacement capital

To find out more about ho to apply and if you and your business can benefit visit the website

Maven Capital Partners are also hosting  information sessions here at the Enterprise Agency in Bishop Auckland on 20th February and 22nd March offering one to one appontments. The Venture Investment Clinics are aimed at local businesses looking for the support they need to grow. 

To arrange an appointment please contact:

Emma Neal, Marketing Associate 

T: 0191 731 8596 m: 07976 248148