A new initiative has been launched to support start-ups in Durham called Durham Ambitious Business Start-ups (DABS)
It has been set up by Business Durham, the economic development arm of Durham County Council.
The three-year project will provide a programme delivered by three sub-contractors – TEDCO, Candle Digital and UMi – who will each be responsible for different elements of DABS.
Individuals with a fledgling business idea can take advantage of a new dynamic idea creation and formation model to identify, test and validate their business idea.
Sarah Slaven, Business Durham’s interim Managing Director, comments: “There are lots of entrepreneurs with great business ideas, but they don’t always have the confidence to pursue them.
“Durham Ambitious Business Start-Ups is all about increasing ambition, raising aspirations and helping companies to reach their full potential in County Durham.
“We want to be able to help businesses that have an ambition to reach out and grow year on year creating a lasting legacy of great businesses that County Durham can be proud of.
“We recognise that the months ahead are going to be very challenging for the economy, and once we get through this difficult time, more than ever there will be a need for new approaches to support businesses to start-up in the County.
DABS is a three-year programme for SME’s which is funded by the European Regional Development Fund (ERDF) and delivered by Business Durham.