This document discusses plans for NewcastleGateshead Initiative to lead on attracting new businesses and inward investment to the region. It outlines the need for a coordinated business winning system to replace previous bodies like One North East. The system would define the region's offer, proactively target key sectors, manage inquiries, and develop long-term investor relationships. It identifies priority sectors and discusses the role of a new business winning team working with partners across the region. Current activities to launch the new approach are also summarized.