University Enterprise Zone to create new jobs

space for them to grow, as well as specialist facilities and expertise.

Sunderland is one of 20 universities across the country to receive the money towards an UEZ.

Sir David Bell, Vice Chancellor at the University of Sunderland, said: “The University Enterprise Zone will bring new jobs and help to create the hi-tech businesses of the future.

“The 12-month project builds on existing facilities and aims to create new, pioneering student, graduate, and staff businesses, as well as supporting local enterprises.

“Particular features include a new digital incubator in the University’s David Goldman Informatics Centre, exploration of new ideas in the world of sports technology and improved facilities and support for creative and media start-ups at the University and in the local area.

“This builds on a recent study which found that Sunderland is one of the top three places in the UK to start a technology business.”

All the UEZs announced by the Government will focus on a diverse range of industries, from aerospace and smart energy to Artificial Intelligence, and digital health services to agri-foods.

The expertise and innovation from 20 universities will be shared with the private sector through the UEZs, establishing or expanding existing specialisms that will benefit businesses in local and regional economies.

The nationwide project launched on Tuesday with a £20million investment delivered by Research England, part of UK Research and Innovation.

Funding for the UEZs has been announced alongside an investment of £78 million in the second wave of UK Research and Innovation’s Future Leaders Fellowships.

“Science Minister Chris Skidmore said: “Small businesses are the lifeblood of our economy.”