{"id":2999,"date":"2019-02-15T10:01:58","date_gmt":"2019-02-15T10:01:58","guid":{"rendered":"https:\/\/cbbcfocus.com\/?p=2999"},"modified":"2025-04-23T10:17:07","modified_gmt":"2025-04-23T10:17:07","slug":"investment-into-the-north-east","status":"publish","type":"post","link":"https:\/\/focus.cbbc.org\/investment-into-the-north-east\/","title":{"rendered":"Chinese investment into the North East"},"content":{"rendered":"<h2>The launch of the UK\u2019s first TusPark Innovation Centre in Newcastle acts to provide a strong foundation for UK companies wishing to enter the Chinese market, writes Tom Pattinson<\/h2>\n<p>On the other side of the country, TusPark Innovation Centre launched its first UK campus in Newcastle. TusPark \u2013 or Tsinghua University Science Park \u2013 originated as an innovation centre and high-tech incubator next to the famous Beijing-based university. There are now dozens of TusParks in China helping businesses grow and gain funding. In Newcastle, TusPark at Maybrook House, on Grainger Street, hosts companies including WifiPlug, Skriware, Beeline, Study Atlas, Equiwatt, and Plan Digital.<\/p>\n<p>As the largest innovation ecosystem in China, TusPark UK helps to develop suitable joint ventures and find supply chain partners for scale-ups who wish to enter the Chinese market. Their strong relationship with national and local governments in China helps new companies get into the market and their advice helps find funding, either directly, through its own investment fund, or indirectly, through Chinese investors.<\/p>\n<blockquote><p>TusPark UK\u2019s strong relationship with national and local governments in China helps new companies get into the market and their advice helps find funding<\/p><\/blockquote>\n<p>Last year TusPark partnered with Innovate UK to run FORGE, the first UK-China accelerator programme, investing, incubating and bringing nine Internet-of-Things start-ups to Beijing, Shanghai and Qingdao in China.<\/p>\n<p>Barclays Eagle Labs accelerator has also signed an agreement with the TusPark Innovation Centre to help businesses scale up by offering access to mentors and advice in areas such as business planning, marketing, and product design. The Eagle Labs accelerator in TusPark Newcastle will be the 15th in the UK but the first in the north east.<\/p>\n<p>\u201cWe are working very closely with TusPark to bring one of our Eagle Labs here to Newcastle, working to support scale up businesses here in the UK,\u201d said Chris Forrest, Head of Barclays Business Bank UK. \u201cThrough the labs we are 100 percent committed to transforming the digital landscape of the UK. It is overdue to bring one of the labs to Newcastle.<\/p>\n<p>\u201cTus could have gone to any other location to set up what they have here, but they didn\u2019t, they came to Newcastle,\u201d he said.<\/p>\n<p>\u201cNewcastle is a city which is no stranger to innovation,\u201d said Nick Forbes, leader of Newcastle City Council, at the launch of the Barclays Eagle Labs. \u201cWe know that innovation runs through our DNA. This was the place the steam locomotive was invented, the electric lightbulb was invented, and there will be many of these inventions shown at\u00a0the Great Exhibition of the North\u00a0later this year. Newcastle is a city which is really going places. TusPark\u2019s arrival here is a symbol of the journey Newcastle is on as a city.\u201d<\/p>\n<p>Read more about China\u2019s investment into the <a href=\"https:\/\/cbbcfocus.com\/chinese-investment-into-the-leeds-city-region\/\">Leeds City Region<\/a><\/p>\n<p>Read more about China\u2019s investment into the\u00a0<a href=\"https:\/\/cbbcfocus.com\/chinese-investment-into-the-north-west-of-england\/\">North West<\/a><\/p>\n<p>Read more about China\u2019s investment into the <a href=\"https:\/\/cbbcfocus.com\/chinese-investment-into-manchester\/\">Manchester<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The launch of the UK\u2019s first TusPark Innovation Centre in Newcastle acts to provide a strong foundation for UK companies wishing to enter the Chinese market, writes Tom Pattinson On the other side of the country, TusPark Innovation Centre launched its first UK campus in Newcastle. TusPark \u2013 or Tsinghua University Science Park \u2013 originated as an innovation centre and high-tech incubator next to the famous Beijing-based university. There are&hellip;<\/p>\n","protected":false},"author":4,"featured_media":3000,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[206,126],"tags":[324,142,330,329,2427],"class_list":["post-2999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-infrastructure","tag-fdi","tag-investment","tag-newcastle","tag-northern-powerhouse","tag-paywall"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chinese investment into the North East - Focus - China Britain Business Council<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/focus.cbbc.org\/investment-into-the-north-east\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese investment into the North East - Focus - China Britain Business Council\" \/>\n<meta property=\"og:description\" content=\"The launch of the UK\u2019s first TusPark Innovation Centre in Newcastle acts to provide a strong foundation for UK companies wishing to enter the Chinese market, writes Tom Pattinson On the other side of the country, TusPark Innovation Centre launched its first UK campus in Newcastle. 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There are&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/focus.cbbc.org\/investment-into-the-north-east\/\" \/>\n<meta property=\"og:site_name\" content=\"Focus - China Britain Business Council\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/chinabritainbusinesscouncil\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-15T10:01:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-23T10:17:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/focus.cbbc.org\/wp-content\/uploads\/2020\/05\/TusPark.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tom Pattinson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ChinaBritain\" \/>\n<meta name=\"twitter:site\" content=\"@ChinaBritain\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tom Pattinson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/focus.cbbc.org\/investment-into-the-north-east\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/focus.cbbc.org\/investment-into-the-north-east\/\"},\"author\":{\"name\":\"Tom Pattinson\",\"@id\":\"https:\/\/focus.cbbc.org\/#\/schema\/person\/e018861c7d394ff225f743cefe304279\"},\"headline\":\"Chinese investment into the North East\",\"datePublished\":\"2019-02-15T10:01:58+00:00\",\"dateModified\":\"2025-04-23T10:17:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/focus.cbbc.org\/investment-into-the-north-east\/\"},\"wordCount\":492,\"publisher\":{\"@id\":\"https:\/\/focus.cbbc.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/focus.cbbc.org\/investment-into-the-north-east\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/focus.cbbc.org\/wp-content\/uploads\/2020\/05\/TusPark.jpg\",\"keywords\":[\"FDI\",\"investment\",\"Newcastle\",\"Northern Powerhouse\",\"Paywall\"],\"articleSection\":[\"Finance\",\"Infrastructure\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/focus.cbbc.org\/investment-into-the-north-east\/\",\"url\":\"https:\/\/focus.cbbc.org\/investment-into-the-north-east\/\",\"name\":\"Chinese investment into the North East - 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