North East graduates are powering business growth
University graduates are driving economic growth in the North East, creating jobs and new businesses.
Figures from the Higher Education Statistics Agency (HESA) show a 70% rise in university start-ups across the UK since 2014, with over 4,300 new firms launched each year.
In the North East, more than 1,000 businesses were created by graduates and university staff between 2014 and 2023, supporting over 4,000 jobs last year.
In addition, analysis of UK Government figures by Universities UK (UUK), the body that represents UK universities, revealed university graduates make up 57% of the workforce in North East England.
UUK is calling for sustainable funding for universities to ensure these positive trends continue.
North East England’s five universities, Durham, Newcastle, Northumbria, Sunderland, and Teesside are also working together through Universities for North East England (UNEE) to keep the region competitive and attract investment and talent.
Whether you are a small business or a multi-national market leader, Drum Business Park is the perfect place to locate and run your business.
enquiries@drumbusinesspark.co.uk
03000 261261