100 Events | 11 Sectors 1000s of Attendees Across the region

Invest in the Region

Economy

Coventry & Warwickshire has a strong base of employment in Advanced Manufacturing and Engineering specifically motor vehicles (automotive), aerospace, architectural and engineering activities, fabricated metal products, machinery and equipment, electrical equipment and other transport equipment.

Private sector businesses have invested significantly into Research & Development (R&D) and modern technologies in the Advanced Manufacturing industry, and the area boasts world-class facilities such as those at the Manufacturing Technology Centre (MTC) and Horiba MIRA.

The area and industries rely on a highly-skilled workforce with transferable skills and it is fortunate to benefit from a talented pool of graduates entering the work place each year from the two outstanding universities in the area: Coventry University and the University of Warwick.

The region is becoming magnet for innovation and enterprise with a large number of new start-up businesses establishing each year. In 2010, nearly 3,300 new businesses set up in the region. By 2015, this figure nearly doubled with 5600 new enterprises setting up.

These new enterprises have an incredibly high survival rate. A year on, over 90% of these businesses are still active and on average, over 40% of are still trading after five years which is an incredibly impressive survival rate.

But it’s not just a popular area for new micro and small enterprises. Coventry & Warwickshire continues to be an attractive proposition for global brands such as Jaguar Land Rover, Tata and Aston Martin. These large corporate businesses are drawn to the area by world class knowledge transfer, R&D and innovation facilities, excellent transport links to innovation sites across the wider region, and one of the strongest education, skills and apprenticeship provisions in the UK.

The Business Festival will benefit all businesses, large and small. Whether this is through growing local supply chains, expanding and reaching new networks, connecting people or transferring knowledge, the Festival has something for everyone.

  

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