Incubator extension

County Durham’s North East Technology Park (NETPark) announced on 16 February that it expects the extension of its so-called incubation space to receive new businesses in March.

The enlargement of the NETPark Incubator is expected to provide an additional 40,000ft² for ventures.

The incubator is already home to companies such as Kromek, which has developed digital X-ray and imaging technology to combat terrorism, and ROAR Particles, which uses nanotechnology to enhance fingerprint detection.

NETPark itself has seen rapid growth in recent months with the arrival of the Printable Electronics Technology Centre (PETEC) and the planned work on Innovation Village.

NETPark’s manager, the County Durham Development Company (CDDC), has recently received planning permission to start infrastructure work to open up a further eight acres of development space.

The development of NETPark is led by Durham County Council in partnership with Sedgefield Borough Council, One North East and Durham University. It has received Regional Spatial Strategy approval to grow to 25 hectares (55 acres).