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workingEDGE January 2016 | 29 City Life NEWCASTLE KEY FACTS Population - 286,821 Working Age Population - 88,513 Average Full-Time Weekly Wage - £ 496 Universities - 2 Number of New Start Ups - 5,530 Time from London - 2 hours, 50 mi ns Best Restaurant - House of Tides Best Hotel - Malmaison Newcastle Source: www.startups.co.uk/Trip Advisor
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URE★ WIN A MOUTH WATERING DINNER AT MALMAISON NEWCASTLE - enjoy a GourmetDining Experience! To win, simply answer the following question: WHAT IS THE NAME OF THE MALMAISON NEWCASTLE RESTAURANT? To win simply send an email to: competition@workingedge.com First entry drawn out of the hat wins! Closing date for entries is January 31st 2016. Judges decision is final. No cash alternative. For further information please visit: www.malmaison.com/locations/newcastle Competiti on Time! Newcastle has a long-standing pedigree as a major destination for entertainment and culture, and its nightlife is somewhat legendary amongst the region’s residents. It is also a very picturesque city, with the highest ratio of Grade I and II-listed buildings as a proportion of all listed buildings in the UK. Annual events include Newcastle Fashion Week and Newcastle Restaurant Week – a bi- annual event which allows residents to dine out at high-end restaurants for just £10 or £15 per head. Newcastle University, including collaboration on R&D projects, development and training, access to laboratory facilities and more. Overall, the student population is estimated at around 42,000. Just under a third (30%) of Newcastle’s working age population have NVQ Level 4 qualifications and above as of 2012 – around average for a city of its size – with average weekly earnings standing at £496 median as of 2013, making recruitment costs cheaper than cities including Manchester, Birmingham and Liverpool. Newcastle has one major accelerator – Ignite100. Ignite100 is a mentorship-driven accelerator programme for tech and digital start-ups that invests £18,000 in businesses across an 18-week programme running three times a year. Established in 2011, Ignite100 recently opened Campus North, a 10,000 square feet venue dedicated to tech start- ups which will host more than 150 founders, developers and designers and operate an ongoing incubator programme for tenant businesses. It will also offer space on a co-working model. Another recently opened co-working space is the Toffee Factory, targeted at digital and creative companies. Businesses also can access free workshops and business support through the EU-backed Business & IP Centre Newcastle, a venture launched in conjunction with the British Library.
View along the Newcastle quayside towar
ds the Tyne bridge and the Sage building