Digital Entrepreneurs Win DEGF Backing

Digital meeting room company and Bondholder, TecInteractive, has created five jobs after securing financial backing from the Derby Enterprise Growth Fund (DEGF).

The company was originally set up nine years ago by directors Tom Bamford and Richard Vine with just £50 each in capital - the company now has a turnover of £1 million.

The DEGF support has given us the focus and means to take the business to the next level. In a city of innovation, DEGF is a much-needed resource to bridge the gap between businesses’ growth ambitions and the continued difficulties in raising capital from banks and other traditional lenders.
— Tom Bamford, Director at TecInteractive

The £20 million DEGF is run by Bondholder Derby City Council and supported by the government's Regional Growth Fund (RGF).