Content area
Full text
"We continue to see an upward trend in the number of partners joining, further strengthening regional collaboration and support.
"Other private sector sponsorship income also increased as in-person events and conferences returned, with strong regional support for capital investment trade delegations including MIPIM and UK REiiF.
"We were also able to secure match funding from partners to support a VisitBritain funded Gateway project.
"A very significant development is the award from DCMS of £2.25m over three years, to becoming the first ever Destination Development Partnership in the UK. This pilot will be a potential blueprint for the rest of England."
During the year, NGI said it created or safeguarded 1,350 new jobs, sourced 285 new investment projects and secured £5.6m North of Tyne Combined Authority grant funding for new investors.
New companies which announced plans for North East bases included US owned tech company Credera, creating 200 new jobs; Italian owned multinational defence company Leonardo, creating 200 new jobs; part of Japanese video games company SEGA Group, Creative Assembly North, creating 100 new jobs; French owned renewable energy company Lhyfe, creating 20 new jobs; and Canadian tech multinational CGI which is planning on creating...