Category: General
The North East Fund has invested £20m and leveraged £23m more in its first twelve months, helping more than 125 SMEs located throughout the region to grow their businesses and create new jobs. Marking its first anniversary, the £120m regional funding programme has delivered significant investments in a range of ground-breaking and innovative projects including […]
North East-based, Connected Energy, a world-leading innovator of site-integrated energy storage solutions, has secured a £5 million investment to realise ambitious growth plans on a global stage. The significant investment, made by Sumitomo Corporation, ENGIE and Macquarie Group, will provide the Newcastle company with a platform to deliver its next phase of international growth having […]
Vivarail, the manufacturer of eco-friendly passenger trains, has accelerated expansion of its site in County Durham and turned it into its national research and development centre, creating new jobs faster than expected. It opened the new plant at the Spectrum Business Park, Seaham, in December 2017 to complement its main site at Long Marston, near […]
Work has begun on expanding Osbit’s Northumberland-based headquarters to accommodate the company’s rapidly expanding workforce and facilitate an increase in demand for its engineering expertise in the offshore renewables and oil & gas markets. This comes after the award of grant funding from a programme designed to accelerate business growth and stimulate employment in rural […]
A new offshore engineering company is the latest tenant to move into Blyth Workspace to accommodate the increase in demand for its engineering expertise in the offshore renewables and oil & gas markets. A Squared Engineering is an offshore engineering consultancy. The company provide specialist engineering and technical services to the offshore energy, commercial marine […]
A ground-breaking scheme to attract new talent into the digital technology sector has been launched in the North East. Gateshead College has teamed up with Sunderland Software City, PROTO: The Emerging Technology Centre and North East digital firms to kick-start the programme, which is designed to help the industry tackle skills shortages and become more […]
The North East is home to a Creative Digital and Tech sector which is truly thriving. One of the most productive and fastest-developing in the UK, the sector’s rapid rise is a source of great pride for us in the region. There have been many resources produced by a variety of organisations describing parts of […]
South Tyneside is raising its profile with international businesses thanks to the emergence of a growing offshore ‘hub’ within the borough. One Trinity Green, in South Shields, has seen the growth of a number of offshore businesses taking advantage of its mixed workspace and services as well as utilising the borough’s strong strategic location to […]