• Home
  • History
  • News
  • Business
    • Business News
    • Business Mag
  • Sport
    • Football
    • NAFC
    • Cricket
    • Durham Wildcats
    • American Football
    • Baseball
    • Rugby
    • Youth Football
  • Features
    • Blog
    • Picture Galleries
  • Community
    • A.T People
    • Services Directory
  • Video
  • Contact
  • Advertise
Aycliffe Today
Aycliffe Today
  • Home
  • History
  • News
  • Business
    • Business News
      Husqvarna UK recognised for engineering excellence

      Husqvarna UK recognised for engineering excellence

      Newcomer Ryan ‘elated’ to win Make Your Mark Award

      Newcomer Ryan ‘elated’ to win Make Your Mark Award

      Fast growth earns Small Business of the Year award for Murtek

      Fast growth earns Small Business of the Year award for Murtek

      Persistence pays off for Apprentice of the Year Matthew

      Persistence pays off for Apprentice of the Year Matthew

    • Business Mag
      Aycliffe Business: Issue 72

      Aycliffe Business: Issue 72

      Aycliffe Business: Issue 71

      Aycliffe Business: Issue 71

      Aycliffe Business: Issue 70

      Aycliffe Business: Issue 70

      Aycliffe Business: Issue 69

      Aycliffe Business: Issue 69

  • Sport
    • Football
      Aycliffe Youthy round-up

      Aycliffe Youthy round-up

      Aycliffe stay third with 4-0 away win

      Aycliffe stay third with 4-0 away win

      Aycliffe go top with four wins from first four games

      Aycliffe go top with four wins from first four games

      Unbeaten start for Sports Club

      Unbeaten start for Sports Club

    • NAFC
      Aycliffe FC celebrate record season with club awards night

      Aycliffe FC celebrate record season with club awards night

      Aycliffe narrowly miss out on play-off place – but achieve record league finish

      Aycliffe narrowly miss out on play-off place – but achieve record league finish

      Aycliffe’s play-off push on track – last home game Easter Monday!

      Aycliffe’s play-off push on track – last home game Easter Monday!

      Aycliffe boost play-off hopes with win in Leeds

      Aycliffe boost play-off hopes with win in Leeds

    • Cricket
      Aycliffe Cricket round-up

      Aycliffe Cricket round-up

      Aycliffe Cricket round-up

      Aycliffe Cricket round-up

      Aycliffe Cricket round-up

      Aycliffe Cricket round-up

      Aycliffe Cricket round-up

      Aycliffe Cricket round-up

    • Durham Wildcats
      WILDCATS FIGHTBACK TO SECURE CUP WIN

      WILDCATS FIGHTBACK TO SECURE CUP WIN

      WOLVES EDGE IT AGAINST WILDCATS

      WOLVES EDGE IT AGAINST WILDCATS

      DURHAM WILDCATS 73, GLASGOW ROCKS 99

      DURHAM WILDCATS 73, GLASGOW ROCKS 99

      WILDCATS SLAY LIONS AGAIN

      WILDCATS SLAY LIONS AGAIN

    • American Football
      WARRIORS BEAT AMERICAN HIGH SCHOOL

      WARRIORS BEAT AMERICAN HIGH SCHOOL

      WARRIORS START SEASON IN STYLE!

      WARRIORS START SEASON IN STYLE!

      WOODHAM WARRIORS VICTORIOUS

      WOODHAM WARRIORS VICTORIOUS

      WARRIORS COACH TO TRAIN GB SQUAD

      WARRIORS COACH TO TRAIN GB SQUAD

    • Baseball
      Aycliffe Cricket round-up

      Aycliffe Cricket round-up

      COUNCILLORS 'PITCH' FOR LOCAL SPORTS CLUB!

      COUNCILLORS 'PITCH' FOR LOCAL SPORTS CLUB!

      SPARTANS UP FOR TOP AWARD

      SPARTANS UP FOR TOP AWARD

      NEWTON AYCLIFFE SPARTANS AT WOODHAM

      NEWTON AYCLIFFE SPARTANS AT WOODHAM

    • Rugby
      Aycliffe fall to heavy defeat against league leaders

      Aycliffe fall to heavy defeat against league leaders

      Aycliffe notch up another loss in local derby

      Aycliffe notch up another loss in local derby

      Rugby: Aycliffe in bottom two after Whitley Bay defeat

      Rugby: Aycliffe in bottom two after Whitley Bay defeat

      Aycliffe return to winning ways with hard-fought victory over Bishop

      Aycliffe return to winning ways with hard-fought victory over Bishop

    • Youth Football
      Aycliffe Juniors round-up

      Aycliffe Juniors round-up

      Aycliffe Juniors round-up

      Aycliffe Juniors round-up

      Newton Aycliffe Juniors round-up

      Newton Aycliffe Juniors round-up

      Aycliffe Juniors round-up

      Aycliffe Juniors round-up

  • Features
    • Blog
      Covid-19 crisis update from your MP

      Covid-19 crisis update from your MP

      ‘Now we must move forward’ says MP

      ‘Now we must move forward’ says MP

      Business Advice: Cash Flow

      Business Advice: Cash Flow

      The Aycliffe Blue Blog

      The Aycliffe Blue Blog

    • Picture Galleries
      Picture Gallery: Duke of Kent visits Ebac

      Picture Gallery: Duke of Kent visits Ebac

      PICTURES: Hitachi Opening Ceremony

      PICTURES: Hitachi Opening Ceremony

      PICTURES: ROF 59 in progress

      PICTURES: ROF 59 in progress

      PICTURES: Ayclife dancers in national finals

      PICTURES: Ayclife dancers in national finals

  • Community
    • A.T People
      Spring 2015

      Spring 2015

      December 2014

      December 2014

      Aug - Sept 2014

      Aug - Sept 2014

    • Services Directory
  • Video
  • Contact
  • Advertise
  • Follow
    • Facebook
    • Twitter
    • Youtube
Business Durham invests £500k+ in local business growth
Home
Business

Business Durham invests £500k+ in local business growth

February 11th, 2020 Martin Walker Business 0 comments 1227

top banner

The County Durham Growth Fund is celebrating having invested more than £500,000 in three businesses from across the county within 10 months of its launch.

Established in April 2019, the three-year fund is a £4.9m investment scheme providing funding to small and medium sized businesses in County Durham to accelerate their growth.

The fund overseen by Business Durham, the economic development arm of Durham County Council, is being delivered in partnership with UMi, which has a dedicated team of advisors ready to help with initial eligibility checks and funding applications.

The funding has been secured from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020.

Each of the companies have secured a sizeable investment to enable them to purchase new equipment, increase their capacity, improve efficiency, expand into new markets and create over 60 new jobs between them.

The successful businesses include engineering firms, Bignall Group and Dyer Engineering, and large format print supplier, Design X-Press.

Bignall Group, in Shildon, has secured a £35,000 investment to help modernise and update its current machine shop, as well as purchase new milling machinery to increase the firm’s capacity and help it expand into new markets.

Dyer Engineering, has received a £475,000 investment to purchase a fibre lasing profiling machine and robotic welding units and cranes at its Annfield Plain premises to help increase its manufacturing capabilities to access new markets.

Consett based Design X-Press plans to use its £50,000 investment to buy new print equipment to increase its capacity, improve efficiency and offer a broader range of services.

The investments are creating new full-time job opportunities at each business – eight jobs at Bignall Group , 54 jobs at Dyer Engineering and four jobs at Design X-Press.

Sarah Slaven, Business Durham’s interim managing director, said: “We are delighted to be able to fund these three businesses’ capital investment projects and help each of them to grow and achieve their ambitions.

“It is inspiring to see the County Durham Growth Fund attracting businesses which can help bring investment not just into the county, but the region as a whole. Each of these companies can make a real impact on our local economy and help boost job creation.”

Mark Coatsworth, group commercial manager at Bignall Group, said: “The grant has been gratefully received by Bignall Group, enabling our Shildon Manufacturing Company (SMC) brand to secure additional work through increased machine capacity.

“This has secured our position with a key customer and enables us to continue supporting our internal projects as well as new and other existing external customers, further contributing to the growth of the North East region.

“We work closely with the UTC in Aycliffe and are delighted, on the back of this investment, to engage another level 3 apprentice from there.

“Our machine supplier has also offered additional training, allowing us to continue our investment in local skills, and commitment to develop the next generation of engineers through continual employee development.”

Karen Jones, senior project manager at UMi, said: “The fund is really starting to make a difference now and it’s great to hear from businesses what the impact from the grant means for them as well as the boost to the County.”

 

top banner

Share it!

Facebook Twitter Google+ LinkedIn Pinterest
Next article £500k to be spent on thousands of trees – but none for Aycliffe
Previous article Valentine Success for Sedgefield 75 swimmers

Related News

Husqvarna UK recognised for engineering excellence Business
June 2nd, 2025

Husqvarna UK recognised for engineering excellence

Newcomer Ryan ‘elated’ to win Make Your Mark Award Business
May 30th, 2025

Newcomer Ryan ‘elated’ to win Make Your Mark Award

Fast growth earns Small Business of the Year award for Murtek Business
May 29th, 2025

Fast growth earns Small Business of the Year award for Murtek

LATEST VIDEO

This week on A.T

Jun 2nd 11:11 AM
Business

Husqvarna UK recognised for engineering excellence

Jun 2nd 9:48 AM
Community

Aycliffe students take on weekend revision ahead of GCSEs

May 30th 1:01 PM
Business

Newcomer Ryan ‘elated’ to win Make Your Mark Award

May 30th 9:22 AM
Community

Students enjoy Geordie photography trip

May 29th 9:22 AM
Business

Fast growth earns Small Business of the Year award for Murtek

May 28th 2:42 PM
Sport

Aycliffe FC celebrate record season with club awards night

May 28th 1:38 PM
Business

Persistence pays off for Apprentice of the Year Matthew

May 28th 8:39 AM
Community

Exploring sustainability: Students enjoy Florida trip

May 27th 12:55 PM
Business

Palram proud to be Aycliffe’s ‘Community Champions’

May 27th 10:22 AM
Sport

Aycliffe Cricket round-up

Recommend
Follow @AycliffeToday
  • Home
  • History
  • News
  • Business
  • Sport
  • Features
  • Community
  • Video
  • Contact
  • Advertise
  • Back to top
© Aycliffe Today 2019. All rights reserved.
Developed by Thrive