NEWCASTLE Science City has confirmed it has begun the search for a new director after a strategic review of its activities.
The organisation said the successful applicant would need scientific industry knowledge, as well as business nous and experience in securing funding.
They will be tasked with attracting private sector companies to the Science Central site and establishing other businesses in the city.
Nick Forbes, leader of Newcastle City Council, said: “We are looking for an individual who shares our passion to see Newcastle realise the full economic potential of science-based industries.”
Former director Peter Arnold stepped down from the role in April.
At the time, Science City chairman Paul Walker said Arnold had suggested options, one of which would be a “smaller body with some of the current responsibilities” which would only need a “general manager” figure rather than a chief executive of Arnold’s calibre.
The scrapping of One North East by the Government removed one of the founding partners in the support organisation, set up to make the most of Newcastle’s scientific expertise in areas such as health and ageing.
Newcastle University and Newcastle City Council have pledged to invest to the tune of £500,000 each year for three years, and it is still part-funded by the European Regional Development Fund.
However, Science City is committed to “a more focused remit” which will look at inward investment, as well as marketing and business and community engagement.
Newcastle Science City says it has worked with 446 regional companies to commercialise ideas, and has played a role in creating 23 firms.