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NICA £5M Innovation Deal

National Innovation for Aging (NICA) £5M Innovation deal boosts healthy longevity buisness in north of the Tyne.

2 February 2022

£5M Innovation Deal

£5m Innovation Deal boosts Healthy Longevity business in North of Tyne

A multi-million pound deal to help all of us in the UK lead longer, happier lives has been launched today and will drive new jobs, skills and businesses in the North of Tyne region.

The £5.6m joint investment brings together the North of Tyne Combined Authority covering Newcastle, North Tyneside and Northumberland with the National Innovation Centre for Ageing (NICA) and will see cutting-edge research being translated into new jobs, skills and tech start-ups in the area. Innovations could include smart homes, connected devices, remote monitoring and models of health, care and support that enable older people to live independently – solutions that preserve independence, and support the challenge of getting to net zero.