Invest North East England news

Jason Hobbs, CEO North East Fund
North East Fund hails strong SME resilience – £50m invested in 100 companies during 2020
North East Fund hails strong SME resilience – £50m invested in 100 companies during 2020

The North East Fund has announced that during 2020, it helped more than 100 regional companies to raise £50m of funding despite the coronavirus pandemic. Businesses across Northumberland, Tyne & Wear and County Durham received £20m of investment direct from the North East Fund which then helped them to secure a further £30m of finance […]

Advanced manufacturing company Metec, makes waves with two multi-million offshore contract wins
Advanced manufacturing company Metec, makes waves with two multi-million offshore contract wins
Advanced manufacturing company Metec, makes waves with two multi-million offshore contract wins

Fast-growing South Tyneside-based Metec UK has won a pair of contracts totalling £5.5million to manufacture sacrificial anodes for the long-term protection of steel jackets and foundations against corrosion used in the offshore renewable energy industry. These recent contract wins – one off the coast of Scotland and two offshore substation jackets off the coast of […]

JK Lifting Equipment
Engineering partnership makes light work of heavy strong lifting at Port of Blyth
Engineering partnership makes light work of heavy strong lifting at Port of Blyth

Leading global marine operations specialists TSG Marine have come together with North East engineering and lifting experts JK Lifting Equipment for the first time, to collaborate on a unique project for Gulf Marine Services at Port of Blyth.  The project saw the two firms partner to deliver testing and maintenance work aboard Gulf Marine Services’ […]

Left to right: Britishvolt CEO Orral Nadjari, Blyth Valley MP Ian Levy and Britishvolt founder and executive chairman Lars Carlstrom (Image: Britishvolt)
Britishvolt selects Blyth, Northumberland as the site of its first battery gigaplant
Britishvolt selects Blyth, Northumberland as the site of its first battery gigaplant

Britishvolt, the UK’s foremost investor in battery technologies, has selected a site in the North East of England to build the UK’s first battery gigaplant. The company has acquired exclusive rights to a site in Blyth Northumberland and intends to begin construction in Summer 2021. World-class lithium-ion batteries will be in production by the end […]

2020 A POSITIVE YEAR FOR AIRVIEW PARK DESPITE UK PANDEMIC IMPACT
2020 A POSITIVE YEAR FOR AIRVIEW PARK DESPITE UK PANDEMIC IMPACT

With heightened uncertainty, new work-from-home guidelines for thousands of employees and restrictions temporarily halting work on construction sites nationwide, new commercial developments like Newcastle’s AirView Park could not have predicted the months (and year) ahead back at the start of 2020. Like other companies, Tynexe Commercial Ltd, the developers behind the 175,000 sq ft scheme […]

Pioneering biotech start-up, 3D Bio-Tissues, looking to tackle global donor tissue shortages joins growing life science cluster on Newcastle Helix
Pioneering biotech start-up, 3D Bio-Tissues, looking to tackle global donor tissue shortages joins growing life science cluster on Newcastle Helix
Pioneering biotech start-up, 3D Bio-Tissues, looking to tackle global donor tissue shortages joins growing life science cluster on Newcastle Helix

3D Bio-Tissues – a biotech start-up, whose technology aims to tackle cornea donor tissue shortages and speed up life-changing transplants worldwide, has moved into a specialist lab facility – The Biosphere on Newcastle Helix. 3D Bio-Tissues and their technology is the outcome of more than 20 years of pioneering research. They specialise in creating ‘bio-equivalent’ […]

Energy Centre, Gateshead
Innovative, Low Carbon Projects in North East Secure HNIP Funding
Innovative, Low Carbon Projects in North East Secure HNIP Funding

£6.7 million of funding has been awarded to proposed heat network schemes in the North East of England today through the Government’s £320 million Heat Networks Investment Project (HNIP). Seaham Garden Village and Newcastle University are among the schemes to have been awarded funding through HNIP, which has now awarded over £125 million in its […]

Elmtronics CEO Dan Martin (right) and Technical Director Anthony Piggott with one of the recharging units at their Business Durham base in Consett, County Durham.
EV charging firm, Elmtronics sparks £1.5m investment to develop UK network
EV charging firm, Elmtronics sparks £1.5m investment to develop UK network

An award-winning electric vehicle (EV) charging company, Elmtronics is set to step up the roll-out of charging points across the country after securing a £1.5m investment. Elmtronics, which is based in Consett and is the UK’s leading independent provider of charging points, has raised the funding from the North East Venture Fund (NEVF), which is supported by […]