the north of england type uk government industry life sciences advanced engineering energy and environment it and media professional services founded 1999 founders nwda one northeast headquarters atlanta ga u.s.a. key people kristen hirst vice president simon goon chairman of board number of employees 13 website http www.northengland.com 5 the north of england inward investment agency noe north of england north england is a uk government sponsored agency that represents two regional development agencies rdas in north england northwest regional development agency nwda and one northeast one . noe s primary function is to work as an ambassador to businesses and therefore attract targeted inward investment to the north of england region . noe provides a link between businesses considering european expansion or relocation and resources in north england . 1 once a company makes the decision to expand or relocate into north england noe s function changes to be a bridge for that transition working to connect new inward investment companies with the people resources funding and more to help minimize risk and increase profitability . some of the planning services that noe provides to potential inward investment companies include industry trends analysis recruitment and training assistance matching skills provision to employer needs site location assistance legal customs taxation information introductions to private funding links to academia as well as uk and region specific economic and market information . with several offices located throughout the u.s. and canada noe targets specific industries that would benefit from the infrastructure in place in the uk . these specific industries include life sciences 6 energy and environment 7 it and media 8 advanced engineering 9 and professional services 10 . noe was established under the regional development agencies act 1998 all of which were formally launched in eight english regions on 1 april 1999 . it is funded from six government departments department for business enterprise and regulatory reform ; department for communities and local government ; department for culture media and sport ; department for environment food and rural affairs ; department for innovation universities and skills ; uk trade & investment each rda is led by a chair and a board of 15 people . the rda chairs meet regularly with each other and with government ministers to advise on national policy . they provide a regional perspective informed by work on the ground with partners and by the extensive consultations they hold in the regions . rdas help central government ensure that local conditions and local needs are fully taken into account when they draw up national policy . contents 1 the region 2 board members in the region 3 universities in the region 4 inward investment and north england 5 companies in the region 6 centers of excellence 7 projects 8 offices in north america 9 references the region edit the north england region encompasses the cities of leeds liverpool manchester newcastle sheffield and sunderland . the north is considered by many to be one of the most culturally dynamic regions in the uk with an identity separate from that of the rest of england . the underlying structural changes occurring in the north england economy has been impressive . manchester leeds newcastle sheffield and liverpool have all outpaced uk national economic growth . 2 the northwest has a projected 111 billion economy the 12th largest in europe while the northeast s economy has an annual turnover of 4bn . 3 healthcare life sciences advanced engineering business and financial services multimedia and energy are all significant contributors to north england s economic infrastructure . some of the region s top industries include life sciences 11 energy and environment 12 it and media 13 advanced engineering 14 and professional services 15 . board members in the region edit simon goon chairman patrick kendall one northeast sarah kemp nwda john cunliffe nwda kristen hirst noe universities in the region edit newcastle university 16 northumbria university 17 durham university 18 lancaster university 19 liverpool john moores university 20 university of liverpool 21 university of salford 22 university of bolton 23 university of cumbria 24 university of sunderland 25 university of manchester 26 inward investment and north england edit inward investment is the injection of money from an external source into a region in order to purchase capital goods for a branch of a corporation to locate or develop its presence in the region . foreign firms are a catalyst for better economic performance . for one thing they invest more employ more skilled people and are more productive . 4 careful consideration should be given to the costs and benefits of attracting inward investors . when locating a business inward investors seek 5 a stable macro economic climate stable political and regulatory environment market access and open competition a welcoming environment available sites and or premises appropriate available and reliable utilities and transportation available skilled workforce available local suppliers and resources appropriate education training and research facilities a good quality of life manageable regulation and taxation systems incentive schemes foreign firms continue to see the uk as an attractive place for business expansion or business relocation ; it is the number one gateway to europe giving easy access to the 27 member states of the european union the world s largest single market with its population of nearly 500 million . 6 the uk government recently reported that the united states remains the primary source for inward investment in the united kingdom accounting for 50 percent of all projects followed by germany canada japan and france . 7 according to uk trade and investment ukti more than 1 200 overseas companies chose to invest in the uk in 2007 making it the best year ever for inward investment . more than 45 000 new jobs were created last year by companies launching in the uk or expanding existing operations while 58 000 jobs were safeguarded with us firms accounting for 30 % of all new investments during the year . 8 in north england energy and world leading r & d 4.7 million skilled employees of which 1.7 million work in science and technology and quality of life including low cost of living has made this region a logical choice for companies seeking to expand or relocate their operations overseas . inward investment and technical progress in the united kingdom manufacturing sector companies in the region edit astrazeneca google general electric general motors vauxhall caterpillar inc. centers of excellence edit the centre of excellence in biocatalysis biotransformations bioprocessing and biomanufacture coebio3 27 daresbury science and innovation campus joule centre for energy research 28 new and renewable energy centre narec north east stem cell institute nesci 29 uk biobank uk centre for tissue regeneration 30 north west embryonic stem cell centre nwescc 31 projects edit mediacityuk offices in north america edit noe has several offices in the united states including atlanta boston chicago newport beach and toronto . kristen hirst senior vice president oversees the agency s operations throughout north america . atlanta south east region 3455 peachtree road 5th floor atlanta ga 30326 boston new england region 8 franeuil hall market place 3rd floor boston ma 02109 chicago north east & midwest region 444 north michigan avenue suite 3350 chicago il 60611 newport beach west coast region 4695 macarthur court 11th floor newport beach ca 92660 toronto canada 234 berkeley street toronto on m5a 2x4 references edit north of england inward investment agency north of england inward investment agency world bank 2008 hm treasury 1 the economist inward investment top grade for the uk july 2001 the world bank 2 eurostat statistical office of the european communities the independent 3 foreign and commonwealth office 4 retrieved from https en.wikipedia.org w index.php title north england inward investment agency & oldid 743907508 categories inward investmentnorth east englandnorth west englandeconomy of englandforeign relations of englandinvestment in the united kingdom navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 11 october 2016 at 23 52 . text is available under the creative commons attribution sharealike license ; 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