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Durham businesses benefit from rural funding

Durham businesses benefit from rural funding

Four small projects in Durham have received grants from the Rural Growth Network Fund, dedicated to supporting the growth of the rural economy.
New business units have now been approved at two sites through the Strategic Economic Infrastructure Fund, including:

J Mathewson Ltd, a business specialising in underfloor heating solutions, has secured £160,018 to develop new office units on the North Bowburn Industrial Estate.

Derwentside Enterprise Agency has also secured a small grant of £10,686 to remodel and increase the number of office units in Consett Innovation Centre.

Two rural businesses have also been supported through the Rural Business Growth Fund with their expansion plans:

Anthony Nixon Furniture, a bespoke furniture maker based in Barnard Castle, has secured funding of £26,291 to develop a showroom displaying their work.

Complement Genomics Limited, who currently undertake a range of genetic testing services, based in Lanchester have secured funding of £60,000 to invest in state of the art equipment.

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