Invest North East England news
Nissan has switched on a new solar farm at its biggest manufacturing site in Europe, the latest landmark in the company’s journey towards Intelligent Mobility. Made of up 19,000 photo-voltaic panels, the new 4.75MW facility is now fully operational at Nissan Sunderland Plant, as Nissan strives towards its twin goals of zero emissions and zero […]
£3.2 million of investment secured to drive double digit growth for a third consecutive year at Sunderland’s Hyperdrive Innovation Ahead of launching two new innovative modular battery systems later this year, Hyperdrive Innovation has secured investment of a total of £3.2 million from venture capital firms Hamilton Capital Partners and Rivers Capital alongside R&D grant […]
NORTH East entrepreneurs are being urged to tap into the billion pound space sector and apply for a coveted spot with a programme designed to help them lift off. Business Durham, the economic development company for County Durham, received a grant from the UK Space Agency earlier this year to set up the North East […]
The North East Automotive Alliance (NEAA) is celebrating its first anniversary, in which it has become the UK’s largest automotive cluster group and one of the biggest in Europe. Such has been the response to the industry-led cluster group it now has more than 130 members ranging from industry giants including Nissan and Komatsu UK, to […]
Logistics centre allows the creation of 120 jobs and its first new building at Hillthorn Business Park low carbon EZ site Vantec Europe’s new warehouse in Sunderland, the company’s second major investment in the city since 2012, will be officially opened on Thursday 21 April. The £23 million, 436,000sq ft. warehouse is the first to […]
Atom Bank, the UK’s first bank designed for digital and optimised for mobile, announces its regulatory restriction has been lifted, and as of today opens its virtual doors. This marks the start of Atom’s journey, launching with its banking app and competitive fixed term savings. The app will be made available to everyone who has […]
UK Space Agency awards North East funding for small business growth The North East and North Wales space industries are about to get a boost as the UK Space Agency pledges funding for a network of business incubation centres across the regions. The incubation funding will support start-up companies across the breadth of the space […]
It’s been a busy start to March for the region’s energy sector, with some real positives on the agenda for both immediate and longer-term growth. More than 600 delegates from the worldwide industry were in Gateshead for the NOF annual energy conference at the Sage on Wednesday, March 10. Although Durham-based NOF badges this as […]