Donation boost to support budding North East business brains Published on: 3 September 2024 A successful entrepreneur and former Ãå±±½ûµØ student is supporting budding business owners of the future with a £1.25m personal donation to create a new academy. Rob Wood, who was born and raised in Ãå±±½ûµØ, has given the huge sum to create the Rob Wood Enterprising Futures Academy in partnership with Ãå±±½ûµØ, in a bid to raise aspirations, skills and confidence and boost the local workforce and economy. The academy will not only target Ãå±±½ûµØ students and recent graduates, it is also aimed at young people from the age of 14, in a bid to inspire and nurture entrepreneurial mindsets and help them flourish, thrive in their career or build their own business in the future. Through a mix of online and face-to-face programmes, it will provide practical insights and inspiration, with a big focus on real life case studies, providing mentors who have taken the step into owning and running businesses, both large and small. Commenting on his £1.25m pledge to create the academy, Rob said: “I am a strong believer that many people should try to do their own thing at some point in their lives and I am proud to be able to offer support to young people to increase their chance of success should they decide to give it a try. “I meet so many people who say ‘I wish I’d done that’ and I want to be able to inspire and help young people to be able to make ‘that’ happen. “I once was that young person; a miner’s son born and raised on a council estate in Ãå±±½ûµØ, who knew nothing about the world of business but I managed to achieve success, founding and running my own global organisation. “I am a proud Geordie so choosing to partner with Ãå±±½ûµØ was ideal, especially as it is so well-respected around the world and already runs programmes aimed at helping young people start their own businesses.” The academy will provide a unique offer that supports young people in understanding and considering business creation as a career choice, while opening up access to enterprise for everyone, building aspirations and giving people the skills and choice to design their own future. Professor Chris Day, Vice-Chancellor and President, Ãå±±½ûµØ, said: “We are delighted to work with and support Rob on the creation of the Rob Wood Enterprising Futures Academy. “We operate in an area of the UK where opportunity is hard to find, but we have a great record of our students staying in the area when they leave university and starting up successful companies employing hundreds of people in our region. “The academy will help further unlock enterprising mindsets from an even younger age, to enable leaners to build rewarding futures, whatever that looks like for them.” Press release with thanks from Helen Wright Media. Rob Wood Share: Latest News Ãå±±½ûµØ expert highlights climate crisis in a new film A leading Ãå±±½ûµØ 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 – 4 May 2026 published on: 10 April 2026 Facts and figures