Universities Agreement - Prosperity

Our objectives

The overall objectives of Collaborative Newcastle in relation to Prosperity are to drive economic growth by maximising the impact of research, innovation and creativity. Partners will work together to promote increased economic opportunities for people who live, work and study in the city and the wider North East, creating more and better jobs that more local people can access. We will work together to buy locally and maximise our social impact through our commissioning, purchasing and employment policies and promote Newcastle and the wider North East as a great place to do business and to invest.

The Universities will deliver their contribution to the Prosperity theme through initiatives that:

• Maximise the impact of research and innovation on the future North East economy to support sustainable economic growth linked to our areas of strengths.

• Support a culture of enterprise and entrepreneurialism amongst our students, graduates and academics.

• Grow the number of highly skilled professionals in the NE economy working with colleges and employers to develop to a collaborative approach to skills, Continuing Professional Development and Lifelong Learning

• Support the revitalisation of the city as a place to live, work, study, do business and invest, for example supporting SMEs .