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February 23, 2021

Business & Economy

Strong demand for County Durham business recovery grant

A new £5 million grant fund has been accessed by 36 businesses across County Durham to help them implement recovery plans to overcome the coronavirus pandemic. The Durham Business Recovery Grant was launched on January 14 and is aimed at…

March 8, 2021

Business & Economy

Sunderland council launches fund for businesses frozen out of existing schemes

Sunderland City Council has launched a new business support fund, providing a lifeline to businesses hit by COVID-19. The Covid Resilience Grant provides financial support to firms that have been unable to tap into previous COVID-related funding schemes. Grants are available…

August 8, 2019

Business & Economy

Biotech firm Biosignatures secures £3.5 million funding to develop cancer diagnosis

A biotechnology firm has secured a £3.5 million investment to improve cancer diagnosis, saying it has the potential to save billions of lives and the global healthcare industry millions of pounds. Biosignatures has developed a machine learning system capable of…

July 19, 2022

Business & Economy

Absolutely fabulous return for the Dragonfly Ball

Over 200 guests descended on The Biscuit Factory to celebrate the return of The Dragonfly Ball and the uniquely striking and picture-perfect Newcastle venue provided the ultimate backdrop for an evening of fundraising to take flight. The Dragonfly Ball was…

January 27, 2021

Technology

Collaboration supports healthcare sector with modular laboratory solution

A group of companies operating in the healthcare sector have combined their expertise to create a new, rapidly deployable laboratory and test facility solution for applications such as COVID-19 testing and vaccinations. Newcastle-based Modular Security Solutions has worked with Oldham-based…

July 10, 2020

Business & Economy

Bernicia Foundation launches second round of funding

The Bernicia Foundation has opened its second round of funding to support people and communities across the North East. The £1 million charitable fund, which is led by housing association, Bernicia, awarded £130,000 to 14 organisations in the first round…

September 22, 2021

Business & Economy

Equestrian firm secures funding for expansion

Foley’s Equestrian Surfaces, which is based in Redcar, uses carpet from cut-offs at car factories and recycles it into horse surfaces such as arenas, menages and gallops.

August 5, 2020

Business & Economy

North East Energy Catalyst launches SME funding challenge

A new initiative aimed at driving innovation in the North East’s energy sector is offering up to £40,000 of investment to SMEs who can put forward digital or data-led solutions to help monitor and manage energy consumption. The Energy Innovation…