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Innovation In County Durham

Matching what's needed with what's possible.

North East Satellite Applications Into the Blue Conference 2019

jam_technology

Jam Technology

Jam Technology has not looked back since pitching their business plan to a group of potential investors at Business Durham’s Investment Panel in February 2016.

Their plan was to take their innovative product that linked in-helmet near-to-eye display and bike mounted intelligent rear view camera wirelessly. Their prototype was ready to market and the company needed investment to get into production and launch.

The Barnard Castle based business was still at its early fundraising stage when they took part at the six-monthly panel organised by Business Durham’s innovation team.  The panel offers a great opportunity for start-ups or businesses which are new to private equity fundraising to test and refine their pitching skills and business proposition.

The pitch from their Managing Director, John Hale, made such an impression that they have since raised a £540,000 from one of the investors to take their product to market. Just over a year later, they have taken around 1500 pre-orders from 10 different countries across the globe and sales are continuing to rise.

The success of the business has meant that they are planning to at least double their staffing levels in the not too distant future, and they are already looking to expand in to larger premises. 

 

For more information about the business, visit www.zona-store.com.

Contact Business Durham

Contact us today to find out how we can help you.

Telephone

03000 261261

Address

Second Floor
Salvus House
Aykley Heads
Durham
DH1 5TS

Email

enquiries@businessdurham.co.uk

Did You Know

  • ReproCELL's cell scaffold technology was carried to the International Space Station in April 2015 for bone density experiments
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Innovation News

New tech centre will 'transform' North East into hub for photonic science

A research and development facility that aims to put the North East at the Show Details
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Innovation Case Studies

Bioforce North East

Bioforce North East, a wood fuel business in the east of County Durham with Show Details
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Useful Events

Innovation Breakfast Networking - April

The monthly Innovation Breakfast Networking (formerly NETPark Net breakfast) sessions are informal, informative opportunities Show Details
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