Digital duo seen as role model entrepreneurs

Oct 15 2009 by Iain Laing, The Journal

The King brothers, who have embarked on a six-month fellowship at Teesside University’s Institute of Digital Innovation, say their idea could help companies make thousands of pounds of savings.

Their web-based software helps time-poor bosses manage their resources by logging reports on staff travel, client invoices and business costs.

Paul King said: “Initially we targeted one-man bands and start-ups but we’ve found large public sector organisations have shown interest.”

He is already in discussions with One North East, Derwentside Council and sector body Codeworks to trial the software.

The duo received £20,000 from Lloyds for their latest venture through the Government-backed £1.3bn Enterprise Finance Guarantee scheme, which secures bank loans to small firms with a turnover of up to £25m.

David was asked to give an inspirational address to a crowd of more than 300 at the new Durham Entrepreneur Society.

Entrepreneurs Durham president Danny King, who is no relation, said: “We feel that input from passionate, up-and-coming entrepreneurs such as David would go a long way in getting our members to think ‘I could do that’.”

David King said that he had a lot of nerves to overcome before making his first big speech.

“Getting outside of your comfort zone is really important. If you do a presentation and you aren’t scared then you don’t care enough about what you’re talking about – simple”