February 2009
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Durham business on the fast track

477163592 t4dzp M Durham business on the fast track

Medical Services (NE) – Wayne Hall

MORE businesses across County Durham are being given the chance to access support from a programme that is already taking more than 60 companies on a fast track to growth.

Fastest 50 is an innovative business development programme put together by the county’s five enterprise agencies – Chester-le-Street & City of Durham Enterprise

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Light fantastic for Spennymoor

477153910 DN2Mh M Light fantastic for Spennymoor

Thorn’s new £28m factory and Academy of Light, which represents the largest investment in lighting equipment manufacture and training in the UK since the 1940’s is a massive boost for the local economy – and good news for the environment.

Thorn – which manufactures 7, 289 different types of low energy fluorescent fittings – has transferred production to the site, on the town’s Green Lane

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Stimulating enterprise in North Tyneside

BUSINESS support funding for self employment is coming to North Tyneside to energise and stimulate enterprise in disadvantaged areas.

The £1.5m ‘Raising Enterprise North Tyneside’ project is bringing two initiatives on stream to support individuals seeking to set up in business over the next three years.

With 50% of the investment coming from the European Regional Development Fund (ERDF) via One North East, North Tyneside Council is creating a Neighbourhood Enterprise Team (NET) to target 1,500 potential entrepreneurs. The

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A safety first FHM north east

477160231 zUeEV S A safety first FHM north east

(L-R) Site Managers Barry Metters, Graeme Dougherty, Jim Sawyer, Keith Mc Dougal and James Mc Court celebrate their achievement with FHM’s Health and Safety Manager Darren Ellis.

FRANK HASLAM Milan (FHM) North East is proving that health and safety is a top priority, after four of its sites reported zero health and safety issues during 2008.

According to figures

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Savings at the flick of a switch

482241086 yx2VE S Savings at the flick of a switchUK businesses could be saving up to £1m a day during the recession by being more energy efficient.

That’s the advice from the Carbon Trust whose One Million a Day campaign is encouraging businesses of all sizes to join up to make immediate savings on energy bills – and at the same time reduce their carbon emissions.

A concerted campaign

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EIB loans boost for SMEs

475501004 wVQwh M EIB loans boost for SMEs

The European Investment Bank (EIB) has signed three new generation EIB loans for small and medium sized enterprises (SMEs) in the UK for a total of £650 million.

Three UK banks – Barclays Bank, Royal Bank of Scotland (RBS), and Bank of Scotland (HBOS) – will act as financial intermediaries for the funds, passing them onto SMEs with projects which further EU

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New business forum for Durham

475495618 6uKFy M New business forum for Durham

A new initiative has been launched with the aim of providing a focal point for businesses in Durham.

The South Durham Business Network (SDBN) made its formal debut at Spennymoor Town Hall on January.

With the economic climate forecast to remain challenging throughout 2009, SDBN will seek to build a membership of between 150 and 200 in its first year.

Chairman Darren Rice

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