Business Durham has secured an additional £2.34m of funding for its digital programme, Digital Drive County Durham.
This will mean that it can continue to support SMEs until June 2023.
Since it began in 2018, more than 1000 businesses have registered on the programme, with 182 grants (£700k) paid out.
“We’re delighted to announce we have secured an additional £2.34million of funding for our Digital Drive Country Durham programme. We will now be able to support more businesses from across the county to develop their digital capabilities in order to grow and remain competitive,” said Sarah Slaven (pictured), Business Durham’s interim Managing Director.
“With the additional funding there is scope for more businesses to tap into the project and find out how digital technology can help them to increase their productivity.. This is particularly important as the economy moves into the recovery phase as it is vital we continue to support businesses to grow, thrive and create jobs.”
It’s overseen by Business Durham, the economic development arm of Durham County Council.
“It is great news that Business Durham has secured this funding to be able to support many more businesses with their digital strategy,” added Cllr Carl Marshall, Durham County Council’s cabinet member for economic regeneration.
“Having a digital presence as a company is now more important than ever in growing businesses which in turn helps boost our economy and create more jobs in the county. This additional funding will be incredibly beneficial to the project, allowing it to reach even more businesses going forward to help them build a competitive advantage.”
Digital Drive County Durham is funded by the European Regional Development Fund, Business Durham and private investment.