Eight good reasons to do business in Coventry and Warwickshire
- A rich pool of graduate talent. The region is home to two leading universities – the University of Warwick renowned for research, innovation and links with business and Coventry University with its expertise in engineering, design and digital media – as well as several first class colleges.
- A highly skilled workforce. A mobile and growing population of working age, with a strong traditional engineering skills base makes the area an attractive proposition for businesses, especially those engaged in innovation, technology and manufacturing.
- Industry and sector expertise. Indeed, Coventry and Warwickshire is building rapidly on its engineering heritage, gaining global status in high value engineering and specific sectors such as low carbon vehicles, intelligent transport and serious gaming. It is one of Europe’s fastest growing ICT and software clusters and has a strong knowledge-based business services sector, especially in technology and manufacturing.
- Quality business and technology parks. The area has an abundance of high quality yet competitively priced business parks and available land. Office space too in Coventry and Warwick offers a very affordable alternative, with grade A office rental being about 35% less than in Birmingham City Centre.
- Accessibility. The region is at the heart of Britain’s motorway and rail network – just an hour on the train to and from London. Birmingham International Airport handles flights worldwide while Coventry airport is already a hub for freight with expansion plans that include a passenger terminal. Online, homes and businesses on superfast broadband is set to reach 82,000 as part of BT’s 2012 broadband roll-out.
- An exceptional place to live. Affordable housing, a city centre with a planned one billion pound transformation, thriving towns and shopping facilities set within beautiful countryside makes the region a great place to live and work. There are world class leisure and arts attractions such as Warwick Castle, Warwick Arts Centre and the brand new RSC theatre at Stratford upon Avon. While Coventry, home of the Ricoh Arena, will host London 2012 Olympic football at the City of Coventry Stadium.
- Leading innovation. The area is a hotbed for research and development with the likes of Ricardo, Jaguar Land Rover, the Manufacturing Technology Centre and the Motor Industry Research Association joining the two universities at the forefront of innovation and knowledge transfer. WMG at the University of Warwick has a £50m Digital Lab research centre while SURGE at Coventry University focuses on sustainable regeneration.
- Sustainability. The low carbon sector and engineering for renewable energy are seen as key areas for growth in the area, making Coventry and Warwickshire well placed to exploit new markets in sustainable technologies and construction. Projects already underway include CABLED – Coventry and Birmingham Low Emission Demonstrators, the biggest UK study into the long term use of low carbon vehicles.
No wonder 74% of businesses rate Coventry and Warwickshire as good / excellent for doing business (C&W Chamber Quarterly Economic Survey, July 2010)
For businesses looking for a place to grow, Coventry and Warwickshire provides the ideal solution. The local Inward Investment Teams are here to help companies relocate to and expand in the sub region - smoothly, easily and with minimum disruption. The Teams offer a free relocation support service which is flexible enough to ensure all your business needs are met.