North East England is at the forefront of research and development into ageing and health, and stem cells with many government funded programmes currently running here. The north east is always in the news about scientific breakthroughs that are regularly made in biology.
Life sciences are seen as one of the main high-growth sectors of the future and considerable levels of public investment are going into its development. There are many commercial aspects of this which is led by the Centre of Excellence for Life Sciences . For example, the Institute of Ageing and Health at Newcastle University has the UK’s biggest interdisciplinary research group in this field.
As well as being the country’s leading region for pharmaceutical manufacturing, it also has a strong research base in medical diagnostics and a cluster of manufacturing companies in the field. The International Centre for Life in Newcastle has the UK’s first Bioscience Village, where 500 people are employed in research, education, development and the commercialisation of bioscience technologies. General key statistics about the north east are that employment levels stand at 71.7% with a working population of 1.03m, the proportion of working age population qualified to GCE A level / equivalent or higher is 47% and the latest unemployment rate in North East England is 6.1% - year on year reductions since turn of the century and unemployment in the region is now falling faster than the national level.
There are a total of 76,700 business sites in the region making retail, office, warehouse and other types of property easy to come by. GVA in 2005 reached £35.9bn Manufacturing accounted for 19% of the region’s GVA in 2004 compared to 14% for the UK as a whole North East England is one of only 2 UK net exporting regions with a positive balance of payments North East England employers are the most optimistic in the UK, with over half of the companies planning to expand staff numbers, compared to 33% in London. The region is now recognised by Europe as the leading UK region putting science and technology at the heart of its economic strategy, in this respect is has become the model for all UK regions to copy, offering a variety of trade and www.investnortheastengland.co.uk”>investment opportunities .
If you are looking for a http://www.investnortheastengland.co.uk/page/business.cfm”>business opportunities UKor somewhere to expand your business then consider the North East of England, where there is highly skilled labour and business opportunities, backing from the universities and an excellent infrastructure.
Expertise and support organisations place North East England in a unique position to support companies in the commercialisation of research and getting new products to market through Business opportunities UK.
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