| RNL Bio was established in Korea in 1961 and | | | | schemes to support companies locating to this |
| specialises in stem cell research as well as developing | | | | country, and to support enterprise development. For |
| therapeutic products and regenerative medicine. RNL | | | | example, new types of technology-focused venture |
| Bio is also currently conducting research at its site in | | | | capital funds have been created to enable |
| Korea to develop a new product developed from a | | | | high-potential, small companies to develop and grow. |
| herb for the treatment of diabetes. | | | | Regions like North East England have grants and |
| Science Parks such as Knowledge Campus and | | | | other forms of financial assistance available to |
| Netpark are supporting this high-tech industry growth, | | | | support investment by overseas organisations. The |
| as is major investment into the region's key sector | | | | funding can be tailored to specific needs such as |
| strengths of health sciences, new and renewable | | | | research and development. |
| energy and process industries. | | | | One NorthEast and its partners provide advice on the |
| Within a radius of only 45 miles there are five | | | | most appropriate funding. The Agency can bring |
| universities - Durham, Newcastle, Northumbria, | | | | together funding partners to provide packages, to |
| Sunderland and Teesside. There is also a large | | | | match individual business needs. The UK has an open, |
| network of further education colleges, with 18 of | | | | transparent and business-friendly culture that is highly |
| these offering higher education courses so there is a | | | | tuned to the demands of international markets. UK |
| lot of academic talent in the North East. | | | | businesses are responding to global changes and |
| Between them these institutions attract around | | | | increasing worldwide competition by facing outwards |
| 96,000 full and part-time students. The retention rate | | | | and adapting new ideas and thinking. |
| of graduates in the region is the highest outside | | | | This knowledge-driven approach, backed by huge |
| London. | | | | public investments in education, training and business |
| Around 10 per cent of the students in the region are | | | | support, is a high priority in regions like North East |
| from overseas, adding to the cultural diversity and | | | | England. |
| increasingly outward looking perspectives of North | | | | The region enjoys striking contrasts between the |
| East England. This gives an extra dimension to the | | | | vibrant and increasingly cosmopolitan cultural life of its |
| unique Regional Language Network, set up to | | | | cities and large towns, its peaceful attractive |
| substantially increase the language skills of the region. | | | | countryside, breathtaking mountain and moorland |
| The UK Government has a range of national funding | | | | scenery, and it's beautiful unspoilt coastline. |