Key North East industries will be marketed to the world as part of Government efforts to attract inward investment to the 海角视频.
Four of the North East’s fastest -growing industries have been selected for the Government’s High Potential Opportunities programme, which has selected 19 investment opportunities to promote to foreign investors.
The programme, run by the Department for International Trade, invited Local Enterprise Partnerships from around the 海角视频 to submit bids to join the scheme.
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In the North East four investment projects were selected and will now be promoted around the globe.
In the North East LEP area, healthy ageing and plant-based products have been chosen, while the Tees Valley has selected biomanufacturing and heat networks.
The latest projects were selected as part of the second round of the HPO programme and will be marketed to 177 international cities.
The healthy ageing sector is aiming to meet the needs of an ageing society and ensure people can enjoy at least five extra healthy, independent years by 2035.
Coun Ged Bell, cabinet member for employment and culture at Newcastle City Council, said: “As a city our vision is to create a place where people can live well for longer and our research credentials, expertise and approach to collaboration makes us the go-to place for healthy ageing related innovation.
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“This HPO means more businesses will join our eco-system, support people to live well and create jobs for local people.
“In challenging times for the 海角视频 economy, this is a positive step towards economic recovery and a better future for all.”
The bid to include healthy ageing in the HPO programme was led by Invest Newcastle.
Jennifer Hartley, director of Invest Newcastle, said: “This announcement comes at a crucial time for the 海角视频 economy and will support Newcastle to further its position as a city pioneering in the longevity economy, an international innovation destination and as a place where businesses from across the globe can grow and thrive.
“Our city is fast becoming a ‘living lab’ for research into healthy ageing and many businesses are starting to think about how to diversify and adapt to meet the needs of ageing populations.
“An ageing society is not just something happening in the North East, it is a challenge facing cities around the world.
“Newcastle will benefit from DIT’s global network, which will showcase our region’s strengths in healthy ageing to international investors.
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“When speaking to companies interested in the ageing economy, Newcastle and the North East will be the 海角视频 destination these overseas posts will be directing companies towards.”
In an additional bid to encourage foreign investment into the regions, the DIT has also named 10 ‘investment champions’ which include prominent foreign investors already based locally.
The 10 investment champions for the Northern Powerhouse are Siemens, Ubisoft, Atom Bank, Westinghouse, Tech Mahindra, McCann Worldgroup, Dentsu Aegis, Schneider Electric, Nippon Electric Glass, Hologic.
Investment Minister Gerry Grimstone said: “The North East is an important part of the Northern Powerhouse.
“I’m pleased to see this High Potential Opportunities Programme is showcasing the opportunities in Newcastle and the surrounding region.
“The aging population is something we can plan for now and businesses in Newcastle are leading the way in adapting to this challenge.”