Sunderland Software City was created with a primary purpose to increase the number of software companies in North East England. And what a success this has been! With substantial funding – over £3million in fact - coming from the European Regional Development Fund (ERDF) it has built a state of the art, world class centre, helped enterprising graduates and created over 140 jobs. And did you know that due to its approach Sunderland has the highest number of technology start ups outside London?
So if you have an idea for a software business Sunderland might just be the place for you! Why not come and see? EU’ll love it!
The North East has received billions of pounds of investment over the decades from the EU. We are a net recipient of EU funds and the North East is entitled to more European funds than any other English region. The European Social Fund alone paid £157 million into the North East from 2007-2013. The European Regional Development Fund guaranteed £255 million between 2007 and 2013. Over the next five years the North East will get £726m in EU funds. The North East is also a net recipient of EU funds, which means for every £1 that we put in, we get £10 back—as well as the original £1.