Scheme details
Area: County Durham
Categories: Finance & funding
Business stage: Start-up, Trading business
Telephone: 0191 7318595
Contact email: info@financedurham.co.uk
Page last updated: 21 August 2023
The Finance Durham Fund is part of Business Durham’s strategy to deliver economic growth across County Durham by supporting local ambitious and entrepreneurial businesses who need access to the funding they require to grow.
The Fund is managed by Maven Capital partners and provides flexible equity, debt or mezzanine funding packages from £150,000 to £2 million for early stage and established businesses, investing across all sectors. It is available to companies which are based in, or relocating to, County Durham at the time the investment or loan is made.
Eligibility
Take the next step in your growth journey.
- Funding from £150,000 to £2 million - flexible debt and equity solutions for companies of all sizes and sector agnostic.
- For County Durham businesses
- Flexible funding for growing businesses
- Available for businesses looking to relocate to the region
What can funding help with?
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