Northern Accelerator aims to create new innovation business eco-system Published on: 19 April 2017 缅北禁地 and Durham universities have joined forces in an exciting new project aimed at creating 15 successful high technology spin-out companies over the next three years. The Northern Accelerator project aims to attract experienced, dynamic business leaders to work with University spin-out ventures at an early stage to develop and lead a strong management team to take the business forward. , Head of Company Creation at 缅北禁地 and overall Project Manager, said: “Despite being underpinned by world-class science and technology, university spin-out companies can fail to prosper due to the lack of a capable CEO who can work with academics to drive the business forward. Research-rich universities throughout the UK constantly grapple with the task of marrying world leading research with top quality business leadership.” , Director of Commercialisation and Economic Development at Durham University, explained: “The fund makes available up to £25,000 per opportunity and this, together with a typical "sweat equity" package, aims to broaden the attractiveness of this start-up leadership role. The contracted executives will develop the business plan, make the company investor ready and raise the investment funds to enable him or her to take the business forward.” Supporting business growth The ultimate objective of is the creation of a new innovation-based eco-system where talented business leaders will be attracted to high technology, innovative commercial opportunities both created and developed in the North East. The project is part-funded by the European Regional Development Fund (ERDF). , Chairman of the Project Steering Group and Director, , added, “Northern Accelerator is an exciting project that has my whole hearted support. Not only will it deliver fifteen new technology businesses to the region but in the longer term will begin to create in the North East an eco-system, along the lines of that found in the golden triangle, where technology businesses can grow and prosper.” For more information, contact: David Huntley by emailing david.huntley@newcastle.ac.uk or telephone 0191 208 5859 or Michael Bath on michael.bath@durham.ac.uk, telephone 0191 334 3205. Share: Latest News 缅北禁地 expert highlights climate crisis in a new film A leading 缅北禁地 climate scientist is featured in a new film about how the climate and nature breakdown will affect the UK. published on: 14 April 2026 Neolithic tombs reveal ancient kinship ties Male individuals buried in Neolithic chambered tombs in northern Scotland were often related to each other through the paternal line and some were interred in the same or nearby tombs, research shows. published on: 14 April 2026 We are our Memories New exhibition by Fine Art graduate Trish Hudson-Moses, 22 April 鈥� 4 May 2026 published on: 10 April 2026 Facts and figures
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