The North East LEP has awarded more than £90,000 to a university-led alliance at expanding the region’s battery sector.
The local enterprise partnership has given the five-figure sum to the North East Battery Alliance (NEBA), which is led by Newcastle University, through its Project Development Accelerator Fund.
NEBA aims to raise awareness of the region as a leading hub for the battery industry and attract further inward investment, building on its growing reputation for excellence in electrification, automotive and advanced manufacturing, which led to the Faraday Institution opening a regional office in Newcastle last year.
