Universities in Newcastle and Durham have established an accelerator to generate more spinouts in the northeast of England region.
University of Newcastle and Durham University joined forces today to set up the Northern Accelerator, a program aimed at generating 15 technology spinouts within three years.
The two institutions hope the initiative will build a technology ecosystem in the northeast of England by luring talented business executives.
The selected spinouts will work with Technology Transfer & Licensing and with Research and Innovation Services, the respective commercialisation arms of Newcastle and Durham universities.
Both tech transfer offices will aim to connect…