Invest North East England news
The North East has outperformed every other English region outside London on the number of new jobs created from foreign direct investment in 2019/20, relative to its population. The latest figures from The Department for International Trade (DIT) show that in 2019/20 the North East created 179 jobs for every 100,000 people (working age population), […]
North East engineering company JK Lifting Equipment is celebrating a successful first year under new ownership, which has seen the firm double its turnover and headcount. Managing director James Bright acquired the company, originally named John Kesson Lifting, in June 2019. The firm was founded by John Kesson in 1983. John remains a key member […]
A Newcastle-based pre-clinical service provider has been awarded Innovate UK grant to support the global fight against COVID-19. Innovate UK, the UK’s innovation agency has awarded Alcyomics, £50,000 to carry out critical scientific support in the production of a vaccine for Covid-19. They are one of three businesses that are based in The […]
Digital Drive County Durham has been awarded an additional £2,340,000 of funding to continue supporting small and medium enterprises across the county until June 2023. Initially, the programme was a £4m initiative to help SMEs in County Durham to maximise their growth potential and sustainability through digital technology. Since it was established in January 2018 […]
Hitachi Rail and Hyperdrive Innovation have signed an exclusive agreement to develop battery packs to power zero-emission trains and create a battery hub in the North East. The two North East manufacturers will now accelerate the creation of batteries that can be mass-produced to provide emission-free power for hundreds of battery trains across the UK. […]
Japanese corporation, Sumitomo Electric Wiring Systems Europe, is gearing up for growth after becoming the first tenant at a new County Durham business park. Sumitomo Electric Wiring Systems Europe (SEWS-E), is expanding and relocating its workforce from its base at Rainton Bridge, Houghton-le-Spring to a new site at Jade Business Park is a 55-acre employment […]
Government housing agency Homes England has signed a deal with Newcastle City Council to lease office space in the city centre’s new building, The Lumen. Government housing agency Homes England has signed a deal with Newcastle City Council to lease office space in the city centre’s new building, The Lumen. The agency currently has a […]
Based on Newcastle Helix, The UK’s National Innovation Centre for Ageing (NICA) has partnered with a global EdTech company to launch a new digital training program for employers. By bringing together complementary skills, expertise, and intelligence, they have been able to bring a new product to the UK market that will foster a culture of […]