Maven announces official sponsorship of Durham Cricket

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Maven will partner with the Durham Women’s team, now known as the North East Warriors, who will wear Maven’s logo on their training shirts through to 2025. Maven will support the women’s team as they continue to develop and contribute to the wider scale growth of the women’s game. 

The North East Warriors, formed in 2020, have competed in the Women's Twenty20 Cup since 2021, and finished 5th in Group 1 in 2023.

"We are proud to be a part of the women's side and are honoured to support their season going forward. Female sport provides endless inspiration for women and girls in various aspects of their lives, and to be able to support The North East Warriors is a fantastic opportunity for us at Maven North East. We're excited to follow their progress and we will be supporting them at every step."

Rebecca MacDermid, Investment Manager at Maven

"We’re delighted to be supported by Maven as we focus on pushing for every success this season. It’s great to receive the backing from a local business celebrating the growth an ambition within women’s sport and their commitment to excellence in the North East mirrors our own. We look forward to welcoming them to the stadium as we get ready for our next matches."

 Harriet Robson, Team Captain for Durham Cricket Women’s Team

Maven has contributed significantly to growth in the region, launching a Female Founder Funding programme earlier this year to offer valuable resources, mentorship, and collaboration opportunities to women entrepreneurs, assisting them in navigating the complexities of business ownership more effectively.

The agreement continues Maven’s track-record of investment in the North East, with over £50 million  invested in over 40 companies across the region, Maven has created over 1200 new jobs. Running both the North East Development Capital Fund and the Finance Durham Fund, and recently appointed as the equity Fund manager for the Northern Powerhouse Investment Fund II in the North East, working alongside the British Business Bank in bringing a much-welcomed additional source of funding to the region, one of a series of Nations and Regions Investment Funds launched to deliver £1.6 billion of new funding to smaller businesses across the UK. 

Maven is one of the UK's most active investors and provides the essential capital investment to help businesses scale. Their range of funding solutions have helped hundreds of management teams across the UK make their vision a reality and achieve transformational levels of growth.

"Working with Maven allows us to further propel our women's side to the next level. Women's cricket on a whole is on an exciting trajectory, and we are happy to announce a partnership that is focused on pushing for every success we can within the women's game."

Tom Seymour, Director at Durham Cricket 

“As the sole first-class county club to represent the North East, we are thrilled to announce our partnership with Durham Cricket. The club’s ambition and commitment to excellence in the North East mirrors our own and we are delighted to help support the growth of women’s cricket in the region. The whole Maven team looks forward to cheering on the North East Warriors this season.”

Michael Vassallo, Investment Director at Maven

 

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