Region's tech sector gains invaluable interest from Canadian companies
A delegation of Canadian technology companies visited the region this week to see why the region’s tech and digital sector is supposedly one of the fastest growing in the UK.
Representatives from eight Canadian businesses joined the region’s inward investment body, Invest North East England, to visit sites before attending VentureFest North East.
David Pattison, inward investment manager at Invest North East England, said: “A recent report from Tech Nation showed the North East’s tech sector is worth nearly £1bn and growing more than twice as fast as the rest of the economy.
“Coupled with being the fastest growing tech cluster outside of London, we’re continuing to see interest from international companies looking to invest in our region and tap into our talent pool.
“Today’s visit has been a great opportunity to show some of Canada’s fastest growing tech firms what’s happening here in North East England, and why we’re competing globally when it comes to digital innovation, design and technology capabilities.”
In partnership with the Department for International Trade (DIT) as part of a Northern Powerhouse visit, the Canadian delegation visited PROTO: The Emerging Technology Centre in Gateshead; Newcastle Helix; and the National Innovation Centre for Data.
The final stop on the day-long tour was VentureFest North East at St James’ Park, where the delegation got to meet some of the region’s businesses and entrepreneurs.
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