Neil Stephenson, who sold his technology business for a reported £65m this year, will tell an audience from the local tech community that they do not need to move from the North East to achieve success. Dom Murphy, managing director of data science company, Geek Talent, will also be giving a talk.
Councillor John Anglin, lead member for regeneration and economy, said: "We’re delighted to welcome Neil and Dominic to One Trinity Green to share their success stories. It is always fantastic to see our home-grown talent grow and flourish. Entrepreneurs like Neil and Dominic are a real inspiration. As a council, we are keen to develop the technology sector and look forward to nurturing and supporting more emerging and established businesses in the Borough."
Neil, as chief executive of Onyx Group, grew the business into a leading provider of IT infrastructure and support services that included a network of state-of-the-art data centres and workplace recovery facilities across the north of England and Scotland.
Neil, said: "The advantage that technology start-ups have over almost any other sector is that initial capital investment need only be minimal. Unlike establishing a manufacturing plant where you have to invest in capital equipment and staff, the only currency you need to bring a digital company to life is intellectual capital. A digital proposition that has an eager market, a solid business strategy and a highly focussed management can grow very quickly.
"I firmly believe that we are just on the cusp of digital innovation and that this sector will show exponential growth for years to come. It is an exciting time to work in technology and I would say to any one that believes they have a great idea to be bold, believe in the potential and make the concept a reality."
Dom Murphy launched Geek Talent in 2014 and seed investment followed shortly after. He said: "There is never really a good or bad time to start your own business. You can plan and you do need to be aware of the cash, but your idea will never fulfil its true potential if you don’t go solo. I have to admit it was a risk. I have not regretted it one bit and the rapid strides Geek Talent has made more than justifies the decision."
Neil Stephenson’s Tech Talk is on Tuesday 22 November, and Dom Murphy’s is on Tuesday 6 December. Both events are at One Trinity Green, South Shields, starting at 5.30pm.