MSP CEO welcomes the Northern Powerhouse Partnership’s 2050 Report

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29/09/2017

MSP CEO welcomes the Northern Powerhouse Partnership’s 2050 Report, which includes proposals to drive growth in Digital and Health Innovation.

Rowena Burns, Chief Executive of Manchester Science Partnerships and Executive Chair of Health Innovation Manchester said: “This report recognises the enormous opportunity we have in the North, and in Manchester in particular, to become a world leader in both digital and health innovation.

“Our track record of partnership with industry continues to give us major opportunities to attract private sector investment in tech and in life sciences. The proposed £100m Patient Capital Growth Fund, and the £30m tech start-up fund will provide vital matched funding capacity and accelerate this investment.

“I am also delighted that the scope of the NPP proposals is global in its ambition. Life sciences and digital are sectors in which the UK is already strong, but the North has immense potential to play a much greater role in driving international investment, and we need to think big to attract the best businesses in the world to locate here and to work with us.”

The report, published today after lengthy consultations with leading Northern businesses including MSP’s majority shareholder, Bruntwoood, says that with targeted Government support across four key sectors, 850,000 jobs could be created by 2050.