The Biosphere is a high-quality building with office space and both chemistry and biology laboratories available. The new tenants, Biosignatures and Cognassist, add to the already impressive number of innovative life sciences organisations in the facility.
AI biotechnology company, Biosignatures is one new face at The Biosphere having raised £3.5m in funding last year to develop its unique diagnostic technology. Its machine learning system aims to provide a cost-effective option in discovering, validating and translating new diagnostic tests.
Dr David Bramwell, Chief Technical Officer at Biosignatures, said: “We chose The Biosphere due to the great laboratory facilities, central location and high concentration of local biosciences organisations which bring opportunities for investment and collaboration. Having grown up in the North East, I also know that there is a large pool of high-quality individuals graduating at numerous excellent universities which make the area perfect for developing a stable business.”
Education technology pioneer Cognassist is another new company moving into The Biosphere as it extends its rapidly growing team. Cognassist has outgrown its old offices in South Tyneside and has recently moved into new premises in both Newcastle and London. Its unique neuroscience solution helps learners with cognitive learning needs succeed in their chosen field of study. Cognassist has an increasing client base of independent training providers and further education colleges, with over 50,000 learners accessing its digital learning library.
Chris Quickfall, CEO and Founder of Cognassist, commented: “I’m excited to be part of this regeneration of my hometown. As we expand and grow it’s vitally important that we continue to innovate as well as provide the quality of service and support our clients expect. The staff we’re recruiting are high calibre, as you’d expect, and we know we’ll develop and grow at the heart of the North East tech community.”
The Biosphere has also proven to be popular with university spin-outs. NewChem Technologies moved into the building last year after previously renting office and laboratory space at Newcastle University, where it continues to have close links with the School of Chemistry.
Offering a range of contract R&D services in organic chemistry for companies developing novel pharmaceuticals, diagnostics and other biotechnological products, NewChem Technologies was established in 2002. Managing Director, Dr Bob Tyson, commented: “The availability of new laboratories at The Biosphere has proved really beneficial for the company. Thanks to the additional space, we have been able to increase staff numbers by three during our first six months. The facilities are superb and have been much appreciated by our staff. Without exception, our customers have all been impressed with the location and facilities at The Biosphere.”
Cllr Ged Bell, Cabinet Member for Employment and Culture, Newcastle City Council, said: “The Biosphere is a place for new and growing life science businesses to thrive, bringing more opportunities and jobs not just within the sector but all those that service it. A huge welcome to Biosignatures, Cognassist and NewChem Technologies who are all now part of our growing Newcastle Helix community, where innovation and commercialisation are encouraged.”
The Biosphere is situated on Newcastle Helix, a £350m development that brings together a community of academics, industry leaders, businesses and top researchers to facilitate growth and innovation. The facility is now almost 50 per cent full, with NewChem Technologies, Biosignatures and Cognassist joining Jiahua, Northgene, MDNA, ExplantLab, Dermuris, Iksuda, Alcyomics, BiberChem, Newcells and Atelerix.
The Biosphere has secured significant funding through the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the Government’s Local Growth Deal through the North East LEP. Both funds help local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations.
About the Biosphere
The Biosphere was awarded £8.6m from the Government’s Local Growth Fund through the North East Local Enterprise Partnership (LEP) along with £4.96m from the European Regional Development Fund.
The Biosphere owned by Newcastle City Council has received £4.96m from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Ministry for Housing, Communities and Local Government (and in London the intermediate body Greater London Authority) is the Managing Authority for the European Regional Development Fund.
Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit https://www.gov.uk/european-growth-funding.
The Biosphere is part funded by the North East Local Growth Fund from HM Government, administered by the North East Local Enterprise Partnership. The Local Growth Fund is supporting major capital investments to promote innovation, economic and skills infrastructure and sustainable transport as part of the North East Growth Deal. The North East LEP works to make the North East a
About the North East Local Enterprise Partnership (LEP)
The North East Local Enterprise Partnership (LEP) is a public, private, and education sector partnership that covers Durham, Gateshead, Newcastle, Northumberland, North Tyneside, South Tyneside and Sunderland local authority areas.
The £270.4m Local Growth Fund, secured as part of the North East Growth Deal, supports the North East LEP’s delivery of the Strategic Economic Plan, which aims to create 100,000 more and better jobs by 2024.
About the Local Growth Fund
Local Enterprise Partnerships are playing a vital role in driving forward economic growth across the country, helping to build a country that works for everyone.
That’s why by 2021 Government will have invested over £12bn through the Local Growth Fund, allowing LEPs to use their local knowledge to get all areas of the country firing on all cylinders.
Analysis has shown that every £1 of Local Growth Fund invested could generate £4.81 in benefits.
If you would like some further facts about the Fund, or the wider regeneration work going on across the country, please contact DCLG press office by emailing NewsDesk@communities.gsi.gov.uk in the first instance to request any additional information you might need.