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 About >
Transforming our region

Opportunity North East is the private sector catalyst driving transformational change to diversify north east Scotland's economy. Our leadership, resources and delivery at pace drive business growth and increase productivity, create jobs for the future and accelerate the just transition to net-zero.

We work with regional and national partners to co-create, develop and deliver transformational projects and enhance the entrepreneurial environment in the region’s key sectors of digital tech; food, drink, and agriculture; life sciences and tourism.

Through ONE, the private sector shapes the region’s future low-carbon economy and creates high-skill, high-value jobs.

More than 80 members drawn from the region's business community, its two universities and colleges, and regional and national partners sit on ONE’s main and sector boards. Their collective experience, insights and connections shape action and delivery with targets set for each of the industry sectors to build on regional opportunities and contribute to national economic goals:

  • Deliver transformational projects to strengthen and diversify the economy and regional clusters.
  • Enhance the entrepreneurial environment with sector specific innovation and incubation hubs delivering programmes for pre-starts, start-up and scaling companies and be a location of choice for entrepreneurs, founders and investors.
  • Grow 10 to 20 digital companies with a turnover of circa £20m and international aspirations by 2028, increase the number of successful tech start-ups and drive digital transformation.
  • Grow the food, drink, and agriculture sector by 5% per annum (real growth) by leading in low-carbon food production, advanced digital automated manufacturing and premium market development.
  • Double the number of life sciences companies by 2027 by providing infrastructure and support for life sciences entrepreneurs: research spinouts, start-up and scaling businesses.
  • Maximise the regions natural capital and sector strengths to develop adventure and food tourism market opportunities to drive longer-term growth.

We focus our activity on six themes across the sectors:

  • Transformational projects
  • Entrepreneurship
  • Digital transformation
  • Maximising market opportunities
  • People and skills
  • Strategic partnership working

ONE has a 10-year £64 million funding commitment from The Wood Foundation and uses its resources to secure match funding to deliver new projects – turning opportunity and ambition into action and investment. Over £30 million of committed ONE investment has secured partnership funding of £85 million into the region over the past six years.

Who We AreDelivery and ImpactRegional EconomyONE Enterprise Fund

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news
ONE industry hubs focal points for diversification
Jan 27 2023
BioHub to transform entrepreneurial growth in life sciences
Jan 27 2023
Agritech on my farm webinar
Jan 11 2023
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contact

Opportunity North East Ltd

11 Queens Gardens
Aberdeen
AB15 4YD

+44 (0)1224 061100

info@opportunitynortheast.com

  • About One
    Transforming our Region Annual Event 2022Transformational Leadership and ActionWho We AreDelivery and ImpactRegional EconomyONE Enterprise Fund
  • Transformational Projects
    BioHubSeedPodONE Tech HubSeafood Transformation ProjectNorth East Adventure TourismGourmet Food Festival
  • Digital Tech
    Transformational Leadership and ActionONE Tech HubAccelerate GrowthDigital CatalystInternationalisation and Market DevelopmentStrategic PartnershipsEnergyTechONE CodeBase Tech Startup Fundamentals
  • Energy
    Energy
  • Food, Drink & Agriculture
    Transformational Leadership and ActionSeedPodAccelerate GrowthTransform Food ProductionInternationalisation and Market DevelopmentStrategic Partnerships
  • Life Sciences
    Transformational Leadership and ActionBioHubAccelerate GrowthDigital CatalystInternationalisation and Market DevelopmentStrategic Partnerships
  • Tourism
    Transformational Leadership and ActionVisitAberdeenshireAccelerate GrowthGourmet Food FestivalNorth East Adventure Tourism
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