A north east group has pledged to invest £4m to develop the region's digital capabilities over the next four years.

Private sector body Opportunity North East (ONE) hope the money will accelerate the development of the digital economy in Aberdeen and Aberdeenshire.

Comprising of businessman Sir Ian Wood and other leading entrepreneurs, the group plans to identify promising programmes in the area.

Sir Ian Wood, Chairman of ONE, said: "We currently have parts of a digital cluster in the region, but there's a huge market here with industries with significant scope for digital solutions.

"The key ingredients of the successful cluster will be a physical hub to help nurture and grow digital tech companies, a strong focus on encouraging entrepreneurship in the sector, some early stage seed funding, community events to foster entrepreneurship, and maximising the potentially significant contribution from the city's two Universities, particularly in entrepreneurship teaching.

"There's also a significant number of companies in our region now seeking to build digital efficiency into their business and ONE Digital aims to improve the availability of high quality companies to identify digital solutions and applications to enhance the competitiveness of these businesses."