Newcastle sees second highest salary growth of any city in the UK / Tech Nation 2016 infographic

Vicki Shiel, February 24, 2016 2 min read

This article was originally posted on the Tech North website.

Next up in our Tech Nation 2016 series – it’s Newcastle and Durham.

With the second highest salary growth of any city in the UK at 26.6%, Newcastle & Durham continues to build on its tech history; the technological institution, Sage, is still driving employment and innovation in the area.

In addition to long established digital tech companies, Newcastle & Durham has produced and, both of which were finalists of our recent Northern Stars competition. And Newcastle-based Moltin just raised $2 million from US VCs.

The area’s benefits for digital tech businesses include the high level of talent available. This is coupled with support from the co-working space Campus North, the angel-led accelerator programme Ignite, and venture capital firm Northstar Ventures, which has over £95m under management.

Further support comes in the form of Dynamo North East, The North East Technology Fund, and Newcastle Science Central office spaces, called The Core.

Digital tech businesses in this cluster are more likely than those in any other to receive support from an accelerator, and the second most likely to receive mentoring support.

Related: Performance Horizon branches out globally from North East roots

Newcastle Tech Nation 2016

Economic Growth

Newcastle Tech Nation 2016


Newcastle Tech Nation 2016

Cluster Benefits

Newcastle Tech Nation 2016

Sector Specialism

Newcastle Tech Nation 2016
Newcastle Tech Nation 2016

Growth, insights, Startup stories, Newcastle, North East, Tech Nation Report 2016