Coventry City Council
Key Competitive Attractions
Invest in Coventry
Coventry is undergoing a £9.4billion programme of investment that will further transform the city, and has the potential to create 74,000 new jobs.
Coventry has been identified as one of only 20 New Growth Points in the UK. This means that, in partnership with the government, Coventry will deliver over 37,000 new homes, grow and diversify the economy, create new jobs, and encourage business development.
Major national companies, including Severn Trent and the Qualifications, Curriculum and Development Agency (QCDA), have chosen Coventry as their home. Coventry is ideally located geographically, and has two great universities, and a council that makes things happen, ensuring that relocations are smooth, simple and fast.
Assistance and Support For New Business Investors
Coventry City Council assists investors with queries regarding the region and opportunities available within it. Primarily, the assistance offered by the council is focused on information and advice, providing details on the process for planning applications, EU funding, regulations and tender opportunities.
The Inward Investment Team of Coventry City Council can also assist with both the relocation and expansion of businesses to Coventry. The team have the objective of ensuring as high retention of staff during relocation as possible, as well as keeping costs to a minimum. The team assist throughout the entire process, including identifying suitable property, ensuring the availability of qualified local staff, and identifying the key strengths Coventry can offer your business.
The Business Sector Development team are also available to promote the diversification of key business technology sectors in Coventry. The overall aim is to foster the growth of the city in new markets, creating new jobs for the city as well as new opportunities for local businesses and entrepreneurs.
The Business Sector Development team focus on:
- Low Carbon Vehicles
- Digital, ICT and Creatives
- Environmental Technologies
Independent research has concluded that with the proper development, these sectors could contribute as much as £2billion to the local economy, and unlocking that potential is a key goal of the council.
If you're seeking to invest in Coventry, see what Funding and Support you could be eligible for.
Existing Business Base
Whilst Coventry has a thriving service sector, the city has traditionally been at the very heart of the UK's industrial capability - rightly viewed as a design and engineering super power. Embedded skills and a determination to exploit new technologies underpin the City Council's drive to gain commercial advantage for local businesses and investors. The city has enjoyed major investment in the last few years, with Jaguar Land Rover relocating their Global Headquarters to Coventry, and with a major university development underway.
