OPPORTUNITY NORTH EAST
Opportunity North East (ONE) has been established and funded by the private sector.
Formed at the end of 2015, ONE had an initial funding commitment of £29 million over five years from The Wood Foundation. In 2018, this was extended with a further £33 million to ONE over a second five-year term, starting in 2021.
ONE continues to aim to catalyse partnership working and co-investment matched funding from the private and public sectors in projects and programmes that will generate the greatest economic returns for the North East of Scotland, one of the most productive regional economies in the UK.
Our sector boards produce their own operating plans and budgets, which are agreed annually by the economic leadership board.