Invest North East England news

Advanced Manufacturing Forum asserts its position as a voice to the North East manufacturing community with new board appointments
Advanced Manufacturing Forum asserts its position as a voice to the North East manufacturing community with new board appointments

The Advanced Manufacturing Forum (AMF) has appointed a new Chair and two Vice-Chairs to support its new growth strategy and to strengthen its position as a voice for North East manufacturing companies.   The AMF has appointed Richard Swart as Chair, Rachel Mansfield as Vice Chair and has promoted board member Alan Metcalfe to Vice […]

US tech business, Turntide Technologies £100m investment, acquires two North East companies
US tech business, Turntide Technologies £100m investment, acquires two North East companies

Turntide Technologies, headquartered in California, is entering the transport space with the acquisition of two UK-based businesses, Hyperdrive Innovation Ltd and BorgWarner Gateshead Ltd. The acquisition of Hyperdrive Innovation and BorgWarner Gateshead aims to position Turntide to accelerate existing technologies and capabilities to reduce energy use and cost for commercial transportation services. A new division […]

North East FinTech Showcase, highlights the region’s booming FinTech sector
North East FinTech Showcase, highlights the region’s booming FinTech sector

On the 3rd June the Northern FinTech community came together to discuss FinTech in the North East. The North East FinTech Showcase was hosted in partnership with Fintech North,  Dynamo North East and Tech Nation. For anyone who was unable to join the session live, Fintech North have produced a write-up and recording. Working in partnership with Dynamo […]

Five innovative North East firms to share £1.7m cash pot to develop offshore wind technologies, part of the the first round of the TIGGOR programme
Five innovative North East firms to share £1.7m cash pot to develop offshore wind technologies, part of the the first round of the TIGGOR programme

Five North East firms will share a £1.7m cash pot after being selected to showcase their innovative technologies to offshore wind industry giants, through the first round of the Technology, Innovation and Green Growth for Offshore Renewables (TIGGOR) programme. The companies will demonstrate their technologies to offshore giants Equinor and EDF Renewables. The successful companies […]

New report highlights potential of mine energy in achieving UK net zero target
New report highlights potential of mine energy in achieving UK net zero target

A new white paper published by the Mine Energy Taskforce and Local Energy Hub network has called for greater support for mine energy as a key low carbon heat source in the UK that can contribute to government’s ambition to reach net zero by 2050. The report also outlines how the introduction of large scale […]

UK’s first overseas wind farm set to create 15,000 jobs with £200m North East plant
UK’s first overseas wind farm set to create 15,000 jobs with £200m North East plant

A renewable power company has announced that the country’s first overseas wind farm will create 15,000 new jobs across the country. Hecate Independent Power (HIP) has today launched its HIP Atlantic Project, which will be based in the North Atlantic and connected to the UK by a £200m power cable plant that will be manufactured […]

DSTL latest to join Helix ecosystem
DSTL latest to join Helix ecosystem

The Defence Science and Technology Laboratory (DSTL) is creating a new unit based at the National Innovation Centre for Data (NICD) in Newcastle. Around 15 new staff will be recruited to work at the unit which is due to open in late 2021. The NICD seeks to address the shortage of data analytics skills in […]

Cybersecurity company, Healthymity, makes Sunderland base for fast-growth start-up
Cybersecurity company, Healthymity, makes Sunderland base for fast-growth start-up

A world-renowned cyber security expert has built a base in Sunderland, and is targeting rapid expansion that will see his business create 10 new jobs this year.  Dr Igor Kotsiuba, who relocated to the North East from Ukraine under a Global Talent Visa, has launched Healthymity Limited, which aims to support AI and decision-making in […]