With innovative schemes to support start-ups and small businesses and boost spin-out company creation, we’re ensuring our students and graduates are at the heart of our local economy bouncing back from the Covid-19 pandemic.
From electrochemical wound healing to efficient electrical circuits in space, our departments are at the forefront of innovation, with research that will help drive the economy of North East England for many years to come.
We’re proud to be part of the Universities UK (UUK) #GettingResults campaign, showcasing how universities are at the heart of the UK’s economic and social recovery.
New research published by UUK and compiled by the National Centre for Entrepreneurship in Education (NCEE) predicts that over the next five years universities in the North East England will:
- Be involved in research projects with partners worth almost £1 billion;
- Help 725 new businesses and charities to be formed; and
- Train over 10,000 nurses, almost 4,000 medics and 8,000 teachers.
Developed in Durham
We’re already supporting local employers through the Northern Accelerator partnership, which brings together academics and business leaders, with a host of funding and support, to form sustainable businesses.
These create more and better jobs in North East England, supporting successful local spin-out companies such as Sphera and Gliff.ai through knowledge exchange and innovation.
The skills of our graduates will also have an important role to play in the future success of businesses and sectors during the Covid-19 recovery process.
Working with our council
A recent report concluded that a joint Durham University and Durham County Council project supporting business growth in County Durham has brought in over £3.3 million in value to its participants to date.
Launched in May 2018, the three-part Durham Internships and Collaborative Enterprise (DICE) project aims to support start-ups, scale-ups and local SMEs through a subsidised internship programme, Durham City Incubator (DCI) and a programme of enterprise interventions for Durham University students.
Our students, staff, researchers, and graduates have so much to offer, and we are proud of their knowledge, skills and expertise. In the years to come, we look forward to seeing them continue to help businesses and industries bounce back and thrive across North East England and beyond.