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Lots of events are available to network in the north east, a recent event brought together over 50 participants, who were given the opportunity to network and meet ambassadors from other countries. Business support experts were available to discuss North East business opportunities with visitors to the region. The companies were visiting the North East to explore the regions expertise and academic capabilities within all sectors. This is an ideal opportunity to meet a number of key businesses who have chosen to invest in the North East and speak with companies who have already invested in the North East. Expenditure on R&D by the regions businesses is rising year on year with the latest levels of spending reaching £281m.Science Parks such as Knowledge Campus and Netpark are supporting this high-tech industry growth, as is major investment into the regions key sector strengths of health sciences, new and renewable energy and process industries. Durham University has created a multi million pound integrated research centre for Bioactive Chemistry. All Five Universities with over 50 Research Assessment Exercise 5 or 5* rated departments and 18 further education colleges attracting almost 96,000 full and part-time students with the region enjoying the 3rd highest graduate retention rate in the UK at 59% with many of these becoming young entrepreneurs of the future. Employment levels stand at 71.7 per cent with a working population of 1.03m. The latest unemployment rate in North East England is 6.1% and is now falling faster than the national level. North East England is home to some 600 overseas companies from 32 countries, employing over 27,000 people therefore making an ideal place for overseas investors looking for http://www.investnortheastengland.co.uk/page/index.cfm> business opportunities in the UK or http://www.investnortheastengland.co.uk/page/sectors.cfm> business opportunities in England.
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