A boost for North East innovation

Posted on 09 Aug 2018 and read 272 times
A boost for North East innovationAt the end of last month, Business and Energy Secretary Greg Clark announced that two world-leading innovation centres in the North of England will lead the world in developing the technologies needed for future manufacturing, boosting local growth and creating highly skilled high-quality jobs.

On a visit to Newcastle, he said that the Offshore Renewable Energy Catapult in Blyth and the Centre for Process Innovation in Redcar — part of the High Value Manufacturing Catapult — will benefit from a cash injection aimed at helping hundreds more businesses to develop products and services.

Mr Clark said: “The UK has a world-beating reputation for innovation, and we are building on this strength as part of our Industrial Strategy with the largest investment in R&D in 40 years.

"This investment will drive local growth and innovation across the country, creating more opportunities for high-skilled well-paid jobs across the country.

“The Catapult network plays a key role in building on UK strengths in sectors and technologies that are going to be in high demand in the years ahead, bringing ideas to products and services on the market.

"This investment builds on the unique strengths of the North East in renewable energy and advanced manufacturing, helping to drive the region’s future economic growth.

“We are working with local leaders and businesses, who know their areas and strengths best, to develop tailored Local Industrial Strategies that will create more opportunities and drive growth across the UK.

“The UK is already pioneering the latest innovations through ‘Catapults’ that bring together the best of UK business, science and engineering to work side by side in research and development to ‘catapult’ products from ideas to market.”

Andrew Hodgson, chairman of the North East LEP, said: “This is fantastic news for the North East and testament to the pioneering work being carried out here to embed innovation that drives productivity and growth.

“We will build on the strong foundations of the North East Strategic Economic Plan to create 100,000 more and better jobs, and build on the world-class science and research already happening here in the North East.”

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