Sarah Ellerby, CEO, speaks at London Stock Exchange Tyneside event

A partnership event between the London Stock Exchange, ScaleUp Institute and the National Maritime Innovation Hub was held on 23 May 2024 at the Port of Tyne.

Sarah Ellerby was invited by the London Stock Exchange (LSE) to give an overview of NPT and respond as a Tees Valley sustainability-led business for future decarbonisation. The event hosted speakers from LSE’s leadership, including CEO Julia Hoggett, sustainable finance and research teams, investors, and the UK’s innovation agency, Innovate UK.

The partnership event reflects the findings of the ScaleUp Institute with the UK’s scaleup community growing and expanding by 26% within ten years to c34,000 scaleups contributing over £1.4 trillion to the economy. The UK is the second most active and capital-intensive Venture Capital market in the world with £22 billion of venture capital deployed in 2022. Tyneside is a fast growing region for scaleup activity in the UK and today was an opportunity to place a spotlight on the region and the need for a continued supportive environment for businesses to grow through investment.

NPT is headquartered in Teesside and supports the region, and as part of its decarbonisation agenda through its clean technology offering.