Newcastle Science City was set up by Newcastle University, Newcastle City Council and One North East to help the region realise the full economic potential of its science-based industries. The project benefits from European Regional Development Funding (ERDF).
It delivers a range of activities including the development of a close-knit scientific community and encouraging more people to work in scientific industries.
Key to its remit is creating innovative high-growth businesses. It has developed the Newcastle Innovation Machine, a systematic method of identifying unmet needs, finding solutions to those needs and creating businesses.