The Government has announced that more than £100m is being given to North East businesses in an attempt to sustain more than 30,000 jobs.
The North East has received the highest amount of Regional Growth Fund money per person for any UK region.
More top news
What weather will dominate this weekend?
The name was unveiled today by the Northern Powerhouse Minister Andrew Percy.
Harry was world rowing champion who drew thousands to the banks of the River Tyne in the 1850s.