Invest North East England news

Newcastle put another Fintech company in their ‘pockit’
Newcastle put another Fintech company in their ‘pockit’

Pockit, an inclusive Fintech company focussed on customers who are excluded and underserved by high street banks, has set up a new office in Newcastle. This follows securing £15m of investment finance during 2020 and is part of their UK expansion plans and vision to drive financial inclusion. Pockit has become part of the growing […]

CoreHaus creates new manufacturing site at Jade Business Park
CoreHaus creates new manufacturing site at Jade Business Park
CoreHaus creates new manufacturing site at Jade Business Park

Innovative modular housebuilder, CoreHaus, is opening its first UK manufacturing site at a County Durham business park as part of its scale-up plans. CoreHaus has secured its new 20,000 sq ft unit at Jade Business Park, in Murton near Seaham, and recruited a highly skilled team to start production of its unique modular homes, which […]

Innovation advisors, ABGI opens new office in Newcastle
World-leading innovation advisors, ABGI UK expands to Newcastle and look to create new jobs
World-leading innovation advisors, ABGI UK expands to Newcastle and look to create new jobs

ABGI, one of the world’s leading R&D tax incentives and innovation advisors have opened a new office in Newcastle. As part of their national expansion plans, ABGI has recruited an initial team of 9 new ‘Innovation Funding Advisers’ (IFAs) for their Newcastle operation, who will service the company’s clients across the North East of England. The new […]

Guy Currey, Director, Invest North East England
Inward investment vital to North East England’s economic recovery from COVID-19
Inward investment vital to North East England’s economic recovery from COVID-19

Guy Currey, Director of Invest North East England, explains how the coronavirus pandemic has impacted inward investment in the region in 2020, and how – moving forward – inward investment can help the region bounce back. At the start of 2020 it was Brexit, and its potential impact on the North East and UK economy, […]

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
South Tyneside based Metec UK, makes waves with two multi-million offshore contract wins
South Tyneside based Metec UK, 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 […]