Newcastle is the regional capital of North East England and one of the UK’s core cities. With a city centre airport, access to the East Coast high-speed train and positioned on two major roads, the city is well connected to the UK and beyond.
Invest Newcastle, a service delivered by NewcastleGateshead Initiative on behalf of Newcastle to attract and secure new investment and jobs for the city, works in partnership with Newcastle City Council and the private sector to help businesses locate, expand and flourish in the city.
Newcastle is home to almost 8,000 registered businesses, with knowledge intensive sectors and tech driving consistent economic growth. Home to some of the biggest names in business and professional services, Newcastle is fast becoming a legal-services and legal-tech hub which has seen companies become pioneers in innovations in document processing, automation and AI. Muckle LLP are leading the way in the use of AI and top International law firm Norton Rose Fulbright have opened their first UK innovation centre on Newcastle’s Quayside.
One of only six designated UK Science Cities, Newcastle is home to cutting-edge facilities including the International Centre for Life and the £40m National Innovation Centre for Ageing. Newcastle Hospital’s NHS Trust has also topped the table for a sixth consecutive year, undertaking the UK’s largest number of clinical trials, recruiting almost 12,500 patients. Neurexpert have joined existing organisations such as QuantuMDx, further growing the thriving life science & biotech community.
And, with the UK’s fastest growing tech cluster outside of London, Newcastle is recognised for its expertise in software, video games and data analytics. Ubisoft, Epic Games, Sage Plc, Zerolight, Viewpoint and mkodo all call the city home.
With a number of international organisations also headquartered in the city, Newcastle has become an economic hub for businesses to scale up. Virgin Money have their headquarters in Newcastle whilst industry leaders including Deloitte, Sky and Convergys see the importance of having a strong presence in the city.
Skills and knowledge hub
Newcastle’s undeniable quality of life means it is able to claim one of the highest graduate and staff retention rates in the UK. The city also has two leading universities, Newcastle University and Northumbria University, with particular strengths in cloud computing, big data and scientific research. There are over 50,000 students studying in the city, a fifth of which are at post-graduate level.
Newcastle University has the UK’s leading computing science school in terms of research impact and their EPSRC Centre for Doctoral Training in Cloud Computing for Big Data educates over 40 PhD students, the highest concentration in the UK. The city boasts four national innovation centres; National Innovation Centre for Data, National Innovation Centre for Ageing, EPSRC National Centre for Energy Systems Integration and Tyne Subsea – the National Centre for Subsea and Offshore Engineering.
Newcastle Science Central: Transforming innovation
Newcastle Science Central is the UK’s newest science and innovation hub. Set in the heart of Newcastle it’s a unique place in which to locate, innovate and grow. Three national centres of excellence will complement The Core, and the newly opened Urban Sciences Building (Sept 17) with Newcastle Laboratory (opening 2018) and 100,000 sqft of grade A office space (complete 2019) set to attract technology based businesses to locate on this flagship site.
For more information visit www.investnewcastle.com