Innovation in the region
One NorthEast is the regional development agency for the North East of England. The Agency's investment in R&D is successfully driving forward the region's economic prosperity.
In recent years, the North East of England has transformed its economy by successfully embracing new industries such as automotive, microelectronics, biotechnology, and new and renewable energy. Today the North East is home to Europe’s most productive car manufacturing plant operated by Nissan in Sunderland. Durham based Bede plc won the "Best Technology" award at the 2005 London-based PLC Awards. A quarter of the UK’s chemical industry is on Teesside and the UK’s first Genetics Knowledge Park is in Newcastle upon Tyne.
With a strong manufacturing base and a solid reputation for innovation that fuels over 500 leading global companies in the region, the North East is one of the most dynamic parts of the world's largest trading block - the European Economic Area – which is larger than the USA, Japan and Canada combined.
Maintaining innovation and diversification lie at the heart of ‘Strategy for Success’, the region’s economic development strategy established by One NorthEast. For more information on the strategy click here.