Category: General
Rapidly-expanding Saggezza, which provides software solutions for clients including a global private investment banks and a global credit card brand, will expand its employee base in Sunderland by some 50 per cent, after seeing global sales soar in 2019. The business completed a number of new partnership deals last year to aide its offer to clients and […]
An abandoned waste site is to be transformed into use as a key manufacturing site after being bought by Sunderland City Council. The major regeneration scheme will see leading crane manufacturer Liebherr expanding its business into the former Alex Smiles waste site in Deptford. Liebherr Sunderland builds maritime cranes and cargo handling equipment from its […]
2019 has seen over 130 of the region’s businesses receive more than £20m of investment from the North East Fund, a £120m programme which provides finance to SMEs across Tyne & Wear, Northumberland and County Durham. Whilst the start of the year marked its first £10m investment milestone, the Fund has gone on to deliver […]
Jason Hobbs, CEO of the North East Fund explains the positive impact which funding can deliver especially for ambitious scale-up businesses… “Supporting and funding regional economic growth from start-up businesses to larger scale-up organisations has enabled the North East Fund to invest more than £30m so far in a diverse range of companies across seven […]
North-East of England based Turbo Power Systems Ltd (TPS) have announced that they have entered into a strategic partnership with Ricardo Energy & Environment, Western Power Distribution and Electricity North West, for the demonstration of a novel, smart DC network of rapid Electric Vehicle (EV) chargers as part of a funded program from the UK […]
The four main regions in the North of England have announced they are to come together as part of a single presence at the FinTech Connect conference in London on 3-4 December 2019, an which is expected to attract over 6000 people. Greater Manchester, Leeds City Region, Liverpool City Region and North East England will […]
The North East Business and Innovation Centre (BIC) is pleased to announce it has won the Enterprise Engagement Award at this year’s National Enterprise Network Awards (NEN) at London’s Canary Warf. The awards, established over 10 years ago, recognise excellence in the delivery of enterprise support, encouraging the exchange of good practice and the development […]
In a first for the UK wind industry Port of Blyth is installing a bespoke wind turbine training facility at one of its terminals as part of a £1m investment in training provision aimed at the offshore energy sector. With the rapid growth of renewable energy providing the North East with major inward investment opportunities, […]