Invest North East England news
Turntide Technologies, the company responsible for the Smart Motor SystemTM, has announced the acquisition of UK-based AVID Technology Limited, a cleantech engineering firm that designs and manufactures electrified powertrain components and systems for heavy-duty and high-performance electric (EV) and hybrid vehicles (HEV). The acquisition helps Turntide decarbonise the transportation sector and offers a high-performance alternative to the […]
Waterstons is taking its Managed Cyber Security Services to the next level, with a global 24/7 Security Operations Centre certified by an internationally renowned cyber security certification body. The 24/7 Security Operations Centre (SOC) is set to provide Waterstons clients in the UK and Australia with comprehensive cyber security support through vulnerability management, threat intelligence, […]
The County Durham Growth Fund has awarded £5.4 million in grants to 21 companies from across the county, helping to create over 500 jobs. Established in April 2019, the fund is a £8.9 million capital grant scheme providing grants to small and medium enterprises in County Durham to accelerate their growth. The fund is managed […]
The North East Local Enterprise Partnership, in partnership with the Department for International Trade (DIT) and North East England Chamber of Commerce, has published a new report, ‘Global North East’, outlining how the region can build its competitiveness, drive higher productivity, and create more and better jobs by increasing international trade. ‘Global North East: Driving growth in North […]
North East England is one of the UK’s hot spots for Health and Life Sciences. Everything needed to support life sciences activities can be found within our region – from initial research, product development and testing to clinical trials and production facilities. Earlier this year the North East LEP released Health, Life Sciences and Medicines […]
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 […]
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 […]
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 […]