Destination management and marketing agency, NewcastleGateshead Initiative has launched a new business support service to help overseas investors.
Land:In NewcastleGateshead, supported by Gateshead Council, Newcastle City Council, and other organisations, will provide investors with business and property services. It is hoped the initiative will encourage more direct foreign investment and help international businesses that don’t already have a presence here.
Companies such as NRG (Northern Recruitment Group) Watson Burton, NECC (North East Chamber of Commerce), Eversheds, Ward Hadaway and UK Land Estates have already signed up to provide support for overseas firms.
The investors will also get free office space for up to a year in locations such as Hoults Yard, Northern Design Centre, Gateshead International Business Centre, Quayside-i4, Queens Park in Team Valley and Regent Centre in Gosforth.
Catherine Walker, inward investment director at NewcastleGateshead Initiative, said: “We are delighted to have so many partners on board who share our commitment to making sure that businesses who locate from overseas have the right support to integrate seamlessly into the business community, giving them the best possible start in realising their ambitions for growth.”
Cllr Michael Johnson, deputy cabinet member for skills, business and enterprise at Newcastle City Council, added: “The city council is working hard to support business, encourage growth and create investor confidence in the city as part of our working city agenda.
“We are delighted to support a new soft landing programme, as part of which the council’s business centres will provide low cost business space to help overseas investors grow in the city.”