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About Us

Launched by a new interactive map, the Virtual THYME Region brings together public sourced data to map and categorise key information about the region’s bio-based assets; allowing local, national and global users to search a directory of potential opportunities for innovation, investment and collaboration. Funded by Research England, THYME is a highly successful collaboration between the Universities of Teesside, Hull and York. The universities are working together to develop innovation assets and drive increased productivity in the bioeconomy across the Tees Valley, the Humber and Yorkshire.

The innovations kick-started by THYME will not only help to boost economic growth but also pave the way to a more sustainable future where industry uses renewable sources of raw materials. The fast-growing bioeconomy sector represents a major economic opportunity for the UK and particularly for the North of England, which has world-class bioeconomy assets.

The UK Government recognises our region’s bioeconomy strengths. They commissioned a Bioeconomy Science and Innovation Audit for the North of England which highlighted over 16,000 bioeconomy companies, an annual turnover of over £91 billion and roughly 415,000 employees. Recently Westminster published its Bioeconomy Industrial Strategy and set the ambitious target to double the UK’s bioeconomy size by 2030.

 

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