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Business Durham invests over £1 million in local firms in 2020


Sarah Slaven and Councillor Kark Marshall
THE Finance Durham Fund has invested over £1 million in five businesses to grow in or move to County Durham over the last twelve months.
Established by Durham County Council in 2017, Finance Durham is a £20m investment fund overseen by Business Durham and managed by Maven Capital Partners, to help businesses to accelerate growth in the county.
The fund provides debt and equity funding to support businesses of all sizes from a variety of sectors, and is aimed at companies looking to scale up, create jobs and add economic prosperity in County Durham.
Funding ranges between £150,000 to £2 million and can be tailored to meet the needs of businesses at most stages of the business growth cycle. ....

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