Invest North East England news

Invest North East England Sponsors FinTech North Newcastle Conference 2024
Invest North East England Sponsors FinTech North Newcastle Conference 2024

Invest North East England (INEE) is delighted to announce its sponsorship of the highly anticipated FinTech North Newcastle Conference 2024. The event will take place on Wednesday 17 July, at the iconic Tyneside Cinema. As a leading advocate for economic growth and innovation in the North East, INEE’s participation underscores its commitment to fostering the […]

£86m investment in offshore wind research facilities to accelerate UK development of next generation of super turbines
£86m investment in offshore wind research facilities to accelerate UK development of next generation of super turbines

Development of the world’s most advanced wind turbine blade and drive train testing assets at ORE Catapult’s National Renewable Energy Centre in Blyth, Northumberland, set to deliver major boost to UK growth from offshore wind. Ambitious plans to keep the UK at the forefront of technology development in offshore wind have been given the green […]

Growing tech firm chooses North East for new site
Growing tech firm chooses North East for new site

A radio frequency identification technology company, which originally spun out of Cambridge University and now works with some of the world’s largest retailers, has chosen the North East as the location of its new office.  PervasID will open a new base at NETPark, with plans to grow its team and skills both in the region […]

Filtronic launches into the future, securing a Strategic Partnership with SpaceX for Starlink constellation
Filtronic launches into the future, securing a Strategic Partnership with SpaceX for Starlink constellation

Filtronic the leader in high-performance mmWave technologies, has today signed a Strategic Partnership and commercial agreement with SpaceX, a market leader in the low Earth Orbit market.  The Strategic Partnership includes the ongoing supply of Filtronic’s cutting-edge E-band Solid State Power Amplifiers (SSPA), alongside collaborative efforts in developing and delivering comparable products across multiple frequency bands […]

Deal agreed for multi-billion pound data campus
Deal agreed for multi-billion pound data campus

Northumberland County Council’s Cabinet has agreed a transaction, subject to contract, with funds managed by Blackstone, a leading global asset management firm and one of UK’s largest investors, regarding the NEP3 land site in Cambois, to enable the potential development of a ‘Hyperscale Datacentre Campus’.  Welcoming the agreement, Council Leader, Cllr Glen Sanderson said: “This […]

North East Investment Zone set to go live: £3 billion boost for the economy
North East Investment Zone set to go live: £3 billion boost for the economy

Plans that will see up to 4,000 new jobs created and billions of pounds in investment for the North East are set to go live in April. With the key features of the Investment Zone now agreed, Government and the Combined Authority have published details of the North East Investment Zone’s key sites here. There […]

Sunderland TV and film studios to get government funding
Sunderland TV and film studios to get government funding

A major TV and film studio complex is to be built in Sunderland after the government confirmed a devolution package for the north east of England. Chancellor Jeremy Hunt announced a “trailblazer” deal, which will eventually unlock up to £120m towards the development of Crown Works Studios. Fulwell Cain – a joint venture between Fulwell […]

How advancements in technology are shaping the future of the economy in North East England
How advancements in technology are shaping the future of the economy in North East England

By Rachel Burdis, Inward Investment Manager at Invest North East England Technology is an area that touches every part of our lives, and in recent years it’s had a significant impact on how we work. From the expansion of flexible working and cloud computing to artificial intelligence and global connectivity – technology is shaping the […]