Tees Business Tees Business Issue 18 | Page 16

16 | Tees Business TECH TOWN COLLABORATIONS HELP MIDDLESBROUGH’S DIGITAL SECTOR THRIVE A £20m investment has been secured from Tees Valley Combined Authority for the first phase of the masterplan, which will deliver 80,000 sq ft of office space. M IDDLESBROUGH’S digital sector continues to be one of the star performers of the UK’s hi-tech economy. And the influential Tech Nation 2019 report points to the growing stature of the wider region through collaborative working. The sector’s strength, depth and breadth were key features of last year’s report, which highlighted its faster growth rate than the wider economy. Tech Nation provides an annual snapshot of the UK’s tech sector, with recommendations for tech businesses, policymakers and corporates looking to accelerate growth. This year’s report reveals more than 30,000 highly skilled jobs across the North- East’s digital tech industries. The number of digital tech businesses grew by 8.8% in the North-East during 2018, with the highest growth of 11% in the Tees Valley, and turnover similar to last year at just under £1.3 billion. And ambitious plans are in place to maintain momentum, including the Boho Next Generation high-level masterplan to expand Middlesbrough’s digital and creative quarter, The Boho Zone, to create a 21st Century digital campus. A £20m investment has been secured from Tees Valley Combined Authority for the first phase of the masterplan, which will deliver 80,000 sq ft of office space, seeing The Zone grow to ten physically clustered buildings dedicated specifically to digital tech companies. Dan Watson, Middlesbrough Council’s Digital Middlesbrough manager, said the availability of business accommodation fit for purpose for digital tech businesses had been identified as a key barrier to growth. He said: “It’s essential that we are prepared for the growth of indigenous digital tech companies while also ensuring we are well placed to capitalise on further inward investment opportunities. “That’s the focus of the Next Generation masterplan – by working very closely Buoyant digital firm Mabo was with local property named Best Small PPC Agency at the 2018 European Search Awards. developers, we will provide a secure future for the sector. “There’s also a always remain in Teesside. big focus on digital transformation in wider “All five directors of Mabo are born and priority sectors, and given our industrial bred in Teesside and we are driven to build heritage this is unlocking a number of key the biggest and best PPC management opportunities for businesses in both digital agency in the UK – and we’re going to do and non-digital sectors, but it’s vital that we that from Middlesbrough. continue to provide support and break down “People from Middlesbrough are barriers for our growing core digital tech responsible, passionate, approachable and industries. honest. These key personality traits are “The digital sector is very strong and what our company ethics are built upon, we’re seeing more and more product spin- so why wouldn’t we want to be based in outs coming out of these companies, many Middlesbrough?” of which are in the area of e-commerce Kraken IM build software tools for the tech.” engineering and construction sector. CEO It’s an environment that is welcomed by Ian Cornwell added: “There’s a small but the companies shaping the future, not just vibrant tech scene in Boro, plus, for what in Middlesbrough but across the Tees Valley we do specifically there’s a cluster of world and beyond. leaders right here in Teesside. Mabo Media marketing director James “There’s a will locally to build our tech Lees summed up a buoyant mood following scene and the support is fantastic, from the a year which saw Mabo named Best Small awesome Teesside Uni Launchpad team, PPC Agency at the 2018 European Search the council, all the way up to the mayor and Awards: “Middlesbrough is our home. Our combined authority.” business was born in Teesside and will Teesside University recently staged the