The North East’s tech sector could be boosted by almost 14,000 more jobs by 2025, according to the minister for technology and the digital economy.
Speaking online at the launch of the North of Tyne Combined Authority’s (NTCA) £10m Digital Growth and Innovation Programme, Chris Philp MP predicted that the region’s collaborative approach will result in future success.
He said: “The partnerships you have made between NTCA, Sunderland Software City, Digital Catapult, Newcastle Gateshead, Dynamo, Invest Newcastle and others are a fundamental part of the region’s success and should be a model considered by others across the country.”
Philp added: “Analysis provided for a digital ecosystems report suggested the North East has the potential to grow by at least £460m in annual GDA by 2025 and to create an additional 13,800 jobs.”
North of Tyne Mayor Jamie Driscoll opened the launch event at The Core inside Newcastle’s Helix building. The £10m growth programme includes significant investment to support start-ups and unlock the potential of digital and tech businesses.
Philp’s comments follow a number of large tech companies outlining plans to set up base in the region including Monstarlabs, Version1 and Arctic Wolf.
