Tees Business Tees Business issue 19 | Page 9

The voice of business in the Tees region | 9 /NEWS /COMMENT I’m steeling myself for good news I More than 1,000 delegates visited the Tees Valley Business Summit, held at Teesside University. BUSINESS SUMMIT ATTRACTS 1,000+ VISITORS T he region’s biggest business event welcomed more than 1,000 industry leaders, company owners and managers from across Tees Valley for a sell- out show. This year’s packed Tees Valley Business Summit, the eighth annual event, saw more than 100 businesses, including Tees Business – the voice of business in the Tees region – exhibit at Teesside University’s Olympia Building alongside a busy schedule of workshops and networking. At the summit, Tees Valley mayor Ben Houchen welcomed delegates and also and spoke about opportunities for local businesses at Teesside International Airport and the South Tees Development Corporation. Mayor Houchen said: “The Business Summit is now firmly established as one of the best places to gain invaluable insight into how our vital companies – from SMEs to market leaders – can grow and work together. I was delighted to see that, once again, there was a great mix of sectors from across the region. “This year, I could shout even louder about what we are achieving in Teesside.” Seminars included talks on Teesside International Airport, led by the Tees Valley mayor with the head of airport development Phil Forster, and the STDC, by its CEO David Allison. Other topics covered involved finance, international trade and marketing. For the first time, a new Incubator Zone was on hand to help small and micro businesses to tap into specifically tailored support. The Tees Valley Business Summit was put together in association with the Tees Valley mayor, Tees Valley Combined Authority, Tees Valley Business Compass, North East Enterprise Agency and Teesside University. ‘Courtyard socials’ come to Stockton town centre R elax, enjoy and discover some of Stockton’s town centre’s hidden gems at The Courtyard Social – a brand new event being held soon in the Cultural Quarter under the Big Up Stockton Campaign in collaboration with Stockton Improvement District (BID) and Tees Valley creative agency, One Of A Kind. Establishments such as Hope and Union, The Nuthatch, The Georgian Theatre and The Wasp’s Nest will be the stars of the show, doing what they do best – entertaining the people of Teesside with their own unique brand of hospitality, a sprinkling of live music and delicious speciality beverages. To complement the evening, ambient outdoor music will add a backdrop to visiting artisan street food traders such as Brodie’s Tuk Truk, Mivesi Bangladeshi Street Food, Armenian Family Bar and Kitchen, ’m sure many Teessiders will join me in breathing a huge sigh of relief – not to mention a cry of joy – if the current work being done to save British Steel ends with a successful outcome. Since British Steel’s liquidation was announced in mid-May, I and others have met every week to discuss with administrators, liquidators and official receivers how we can save the company. It would be a huge setback for the Tees region and the positive momentum we have gathered if British Steel were to close – not least for the 700 people directly employed by the firm at Lackenby and Skinningrove. We were delighted when a major Turkish steelmaker came forward and announced its intention to buy the company. As I write these words, they are going through the final stages of due diligence in a process that I dearly hope will end in them becoming the new legal owners of British Steel in the very near future. Although the Turkish firm’s parent company is a major pension fund, it is important to focus on the fact that the firm is already the owner of a successful steelmaking business that sees British Steel as potentially a strong addition to its portfolio. While the deal isn’t done yet and nothing can be guaranteed until they sign on the dotted line, commercial terms have been broadly agreed, while the government has given assurances that it will support the sale and that the proposed deal is a good one for British Steel creditors. If and when the deal is done, it will also open the door to bring further investment and jobs to the area in a deal that I will unveil as soon as possible. Ben Houchen Tees Valley mayor Rocket Pizza; Bumblebee Creperie and Smoklahoma Pit BBQ as they take over Green Dragon Yard. Starting at 5pm and ending at 10pm, this will hopefully be the first of many gatherings which aim to create a more interesting High Street and highlight some of the amazing businesses there, as well as encouraging some good old-fashioned community spirit. Details can be found on the Stockton BID website – stocktonbid.co.uk – or on Facebook @Stockton BID The Tees Valley mayor and combined authority have taken control of an annual devolved budget of around £29.5m to deliver adult education provision across the region. #TalkingUpTeesside #TalkingUpTeesValley