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Blog: Funding News

Fendor banks more growth cash fund

Gateshead-based Fendor, which manufactures specialist glazing and blast resistant glazing products, said it has orders worth more than £2m on its books for the first quarter of 2012. It added it is also aiming to increase its annual turnover by almost 50 per cent by the end of the year, from £6.4m to about £9m.

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Funding for growth

MORE than 40 representatives of some of the region’s leading firms gathered at a business networking dinner, hosted by RMT Accountants & Business Advisors, NEL and Aldermore. The Funding For Growth event was designed to showcase the role that the region’s intermediaries can play in encouraging and supporting private sector growth. Between courses at the

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Private sector “angels” watch over funding

SOME of the region’s leading venture capital, corporate finance and legal professionals will be giving a briefing about venture capital funding tomorrow. As the public sector continues to contract, private sector “angels” are becoming a key focus for small firms wanting backers and larger projects needing major capital investment. Representatives from private equity firm Rivers

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New fund offering hope to start-up businesses

ENTREPRENEURS and small businesses that have been unable to secure small loans from banks will be able to benefit from a new fund that has been launched in the region. Business development company Entrust is holding the purse strings of the £5m Finance for Business North East Microloan Fund, the seventh fund to spring out

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Dene Group set to grow thanks to support.

A MOVE to new premises and the purchase of new kit by a film production company was made possible following an £800,000 investment with support from North East accountancy and law firms. Dene Group is set to centralise its North East workforce in Newcastle and take on more staff after winning nearly £800,000 in funding.

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