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Universities support North East’s economic recovery: Northumbria University secures funding to support SMEs and graduate start-ups

Universities have a vital role to play in helping the North East economy recover from the coronavirus pandemic.

The work being delivered by North East universities is supporting new and existing businesses to innovate and grow, and shaping and supporting a more sustainable and inclusive economy.

Durham University, Newcastle University, Northumbria University, University of Sunderland and Teesside University are all members of the North East COVID-19 Economic Response Group, which was established by the North East Local Enterprise Partnership at the beginning of the coronavirus pandemic to provide business resilience and ensure a collective response to the economic impact of COVID-19 on the North East economy.

Below is a case study from Northumbria University about the funding it has secured through the Northumbria Enterprise and Business Support 2 (NEBS2) to enhance the competitiveness and growth of SMEs, and support the creation of new graduate enterprises.

The £1.9m Northumbria Enterprise and Business Support 2 (NEBS2) offers a package of financial support and expert advice to SMEs and graduate start-ups, thanks to funding from the European Regional Development Fund (ERDF).

The project also includes a financial contribution to help small businesses employ up to two graduates, typically on 6-month internships programmes.

With ERDF funding, the support will run until June 2023 and is available to businesses in Tyne and Wear and Northumberland.

The aim is to provide a coherent package of services to enhance the competitiveness and growth of SMEs, and to support the creation of new graduate enterprises. Businesses that are looking at ways to respond more effectively to the challenges of COVID-19, or recruit highly talented student interns, are also encouraged to apply.

NEBS2 follows the success of a previous project, which ran from 2015 to 2018 and benefited more than 150 businesses in the region. Overall, this latest project is expected to support 230 new and existing SMEs and provide internship opportunities to 120 graduates.

The three strands of the project are based on part-financing internships to help SMEs grow and provide long-term employment opportunities for graduates, mentoring support for new graduate enterprises, and free expert advice and guidance for businesses provided by leading academics at Northumbria.

To find out more about please contact [email protected].

Click here to read more about how universities in the region are playing a central role in supporting the region to recover from the coronavirus pandemic.

Click here to read more about the North East COVID-19 Economic Response Group.

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Universities support North East’s economic recovery: Innovation Northumbria: Incubator

Universities have a vital role to play in helping the North East economy recover from the coronavirus pandemic.

The work being delivered by North East universities is supporting new and existing businesses to innovate and grow, and shaping and supporting a more sustainable and inclusive economy.

Durham University, Newcastle University, Northumbria University, University of Sunderland and Teesside University are all members of the North East COVID-19 Economic Response Group, which was established by the North East Local Enterprise Partnership at the beginning of the coronavirus pandemic to provide business resilience and ensure a collective response to the economic impact of COVID-19 on the North East economy.

Below is a case study from Northumbria University about it’s new Innovation Northumbria: Incubator, which supports its flourishing community of student and graduate start-ups, and provides opportunities for business partners to offer mentoring and financial backing.

Opened in October 2019 next to the University’s main campus, the state-of the-art facility provides high-quality support for student and graduate entrepreneurs, giving them the best possible opportunity to establish and grow thriving businesses.

The initiative has already received financial support from Santander Universities UK, Sir James Knott Trust, North East Times Magazine, Space Group and the North East LEP.

Northumbria is looking for additional support to set up an Enterprise Club, where members can offer pro-bono advice and expertise, and an Enterprise Fund through which they can pledge financial support to help fledgling start-ups develop proof-of-concept and feasibility business plans.

The initiative reinforces Northumbria’s reputation as a university that champions enterprise and innovation through its teaching, and the support it offers start-ups through the Student and Graduate Enterprise Service. Pioneering courses such as Entrepreneurial Business Management – where students run their own businesses – and the student-led consultancy service delivered on the Business Clinic programme, have also established Northumbria as a leader in entrepreneurial education.

The University has been ranked in the top three for graduate start-ups in the UK – based on estimated turnover – since 2011, including five years in first place. Businesses developed by Northumbria graduates had an estimated turnover on £84 million in 2018/19.

Since 2009, Northumbria has supported the development of nearly 300 new businesses which have led to the creation of more than 1,000 jobs, the vast majority of which are in the North East.

To find out more about the Innovation Northumbria: Incubator visit www.northumbria.ac.uk/incubatorlaunch.

Click here to read more about how universities in the region are playing a central role in supporting the region to recover from the coronavirus pandemic.

Click here to read more about the North East COVID-19 Economic Response Group.

Home / Northumbria University

Universities support North East’s economic recovery: Ethical hackers help boost businesses’ digital resilience

Universities have a vital role to play in helping the North East economy recover from the coronavirus pandemic.

The work being delivered by North East universities is supporting new and existing businesses to innovate and grow, and shaping and supporting a more sustainable and inclusive economy.

Durham University, Newcastle University, Northumbria University, University of Sunderland and Teesside University are all members of the North East COVID-19 Economic Response Group, which was established by the North East Local Enterprise Partnership at the beginning of the coronavirus pandemic to provide business resilience and ensure a collective response to the economic impact of COVID-19 on the North East economy.

Below is a case study from Northumbria University about its computing students, who recently tested how well-prepared local businesses are for potential cyber-attacks by attempting to hack into their IT systems.

Part of a group of ‘ethical hackers’, the specially-trained students from Northumbria University’s Department of Computer and Information Sciences and innovative Cyber Clinic, attempt to bypass online security systems in order to identify potential threats or weaknesses, which could be exploited by real-life malicious hackers.

The undergraduates were employed as cyber security consultants for the newly launched North East Business Resilience Centre (NEBRC), a non-profit organisation that supports and helps protect businesses across the North East from cyber-crimes.

The NEBRC is a partnership between Northumbria, Cleveland, Durham, Humberside and the North West and South Yorkshire police forces, together with Northumbria and Sheffield Hallam universities.

The Northumbria University students are matched with local businesses where they spend time carrying out vulnerability assessments of businesses’ networks and web applications to identify any weaknesses in IT systems and computers.

They then produce a report outlining the steps that need to be taken to protect the business from real-life attacks.

Local businesses interested in becoming involved in the NEBRC, and employing the skills of the Northumbria University students, can visit nebrcentre.co.uk for more information.

Click here to read more about how universities in the region are playing a central role in supporting the region to recover from the coronavirus pandemic.

Click here to read more about the North East COVID-19 Economic Response Group.