Orbit, a new business accommodation space hosted by Durham University, has opened a new facility in NETPark in Sedgefield.

Orbit will provide flexible office space as well as tailored support and industry-specific guidance for science and technology SMEs and university spin-outs in the North East.

Offering a variety of workspaces, including hotdesking, meeting rooms and a prototype lab, Orbit helps to accommodate small science and technology businesses that are looking for a professional base and the thriving ecosystem of NETPark.

A key aspect of this is Orbit’s strong network of partners: CPI, an independent technology innovation centre and founding member of the High Value Manufacturing Catapult, Business Durham, the business support service for Durham County Council, and the North East Local Enterprise Partnership, a partnership committed to promoting and developing economic growth in the region. Through these partnerships, Orbit’s members gain access to cutting-edge facilities, funding opportunities and expert business support.

Will Bevin-Nicholls, Senior Manager at Orbit, said: “We are thrilled to open Orbit’s doors and begin building our own community within NETPark. With some innovative members already signed up and ready to move in, we are looking forward to helping exciting small businesses achieve big things.”

Jenny Taylor, Head of Economic Development at Durham University, said: “Orbit represents the University’s commitment to fostering innovation and development in the region. I look forward to the many opportunities it will bring.”