The UK's Modern Industrial Strategy

DIGITAL AND TECHNOLOGIES Planned measures include:

- Supporting the growth of start-ups and scale-ups. This is welcome news as we are committed to supporting our SME members, as well as new businesses, to grow sustainably, create high-quality jobs and contribute to the region’s economic resilience and innovation. - Growing the skills pipeline to attract diverse talent. Through our dedicated work on skills and our two regional Local Skills Improvement Plans (LSIPs), we know that skills are at the heart of economic growth. We also know that digital skills are valuable and the need for these skills is growing at a pace. - Introducing a Regulatory Innovation Office to modernise regulation, making it easier for businesses to innovate and bring new ideas to market. - Strengthening international collaboration across science, innovation and business to expand the knowledge base. A collaborative and joined-up approach underlines our commitments to a Strong, Fairer North East and we are thus pleased to see the government committing to strong collaboration across industries. - A Global Talent Fund to attract 10 leading researchers and their teams to the UK, creating opportunities for knowledge transfer and partnerships with regional universities and businesses. - Turing AI Global Fellowships to bring five internationally recognised AI experts to the UK, contributing to cutting-edge research supporting local innovation hubs.

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