October 3, 2018
TusPark Newcastle has partnered with Newcastle-based Sintons, with the law firm being selected as a specialist organisation that can help support the progress and development of its tenants, all of whom are tech businesses with high-growth potential.
Sintons joins a number of global brands in being a partner of TusPark Newcastle, which was set up late last year in Newcastle and has already invested tens of thousands of pounds in North East tech businesses.
TusPark Newcastle, an ultra-modern co-working space on Newcastle’s Grainger Street, is the first facility of its kind to be established by Tus Holdings in the UK.
Tus – an abbreviation of Tsinghua University Science Park – has nearly 200 worldwide presences and is the largest incubator network in China.
The facility in Newcastle, while only operational for a matter of months, has already become a highly respected name in the region’s tech and wider business community, and Barclays recently announced it will be partnering with TusPark Newcastle to create its Eagle Lab business accelerator scheme there in the near future.
Sintons has been chosen as a partner in recognition of its tech specialism and knowledge and capability in the wider commercial field, which enable it to advise businesses on a full range of issues at all stages of their development, from concept stage to launch, through to growth and expansion.
Colin Tan, head of TusPark Newcastle, says: “TusPark Newcastle speeds up the expansion of startups and businesses in the North East into China by connecting them to the largest innovation network in China, present in every major city.
“We are excited by the possibility of Sintons, with their expertise in commercial, corporate and intellectual property law, helping our startups. Together we will jointly run talks and programmes to make Newcastle and the North East of England a great place to build and grow your company.”
Lucy Cook, a well-known specialist tech lawyer and senior associate at Sintons, alongside corporate solicitor Luke Philpott, are leading the law firm’s relationship with TusPark Newcastle.
Both are highly respected lawyers in the tech and wider business community, with Luke recently moving to the North East from a leading business law firm in Manchester.
Lucy says: “Tus Holdings has been in existence for many years in China and has become a highly successful business park operator. The fact that an organisation of that magnitude has chosen
Newcastle as the site of its first business space outside of its native country is a huge endorsement of the work we are doing here in the tech sector, and confirmation we truly are making waves internationally. The investment they have already made in Newcastle is of huge benefit to the tech sector and wider North East economy.
“We are delighted to have built a relationship with Colin and the team, which has resulted in us being named as a partner of TusPark Newcastle. As a full service firm with one of the most experienced and capable corporate and commercial teams in the North of England, we are able to offer the full spectrum of services to businesses at all stages of development, and our tech specialism gives us the edge that most of our rivals cannot compete with. We look forward to supporting TusPark Newcastle and its tenants as they continue to grow and thrive.”