Invest in Nottingham, the agency responsible for attracting inward investment to Nottinghamshire, is looking forward to meeting with potential investors at the Global Expansion Summit in London next month.
1,500 attendees from 62 countries are expected to attend the key global business event, which takes place between 18 – 20 June at Intercontinental 02, London. Many of the visitors to the summit will be looking to take their businesses into a new market and Invest in Nottingham is exhibiting on 19 – 20 June to showcase the city and county as a preferred location for their growth.
According to a new survey by inward investment specialist Breeze Strategy, ahead of the Global Expansion Summit, more than 500 global technology firms are actively planning to expand into the UK. More than half of the firms tracked are from the United States; India provides the second largest source followed by Australia, Canada and France. Just over half of the businesses are in the software/IT sector while one in six is in Business Services (mostly related to online retail or B2B services). Other top sectors include: Life Sciences, Advanced Manufacturing and Financial Services.
Invest in Nottingham is exhibiting at the Global Expansion Summit to raise the profile of Nottingham and put Nottingham firmly on the map as a business destination. It will be showcasing Nottingham’s expertise in growth sectors, including creative and digital, retail tech, fintech and life sciences, and demonstrating how it works with investors, developers and businesses looking to relocate.
Invest in Nottingham provides a dedicated business support network to ensure a company’s expansion in Nottingham is as seamless and smooth as possible. Lorraine Baggs, Head of Inward Investment, said: “The Global Expansion Summit provides the ideal opportunity to showcase Nottingham as the perfect location for business expansion and we are looking forward to meeting with potential investors at this year’s event.
“It is the first time we will be exhibiting at the event and we will be demonstrating Nottingham’s many strengths including cost-effective operational costs, access to talent – with a 1.1 million recruitment catchment area, access to funding and investment with an active investment community, and an excellent quality of life and cost of living.
“There is a tech revolution happening in Nottingham with specialisms in fintech, gaming, retail tech, and a high-tech sector growth potential, which makes Nottingham particularly attractive to companies in these sectors looking to expand. Our fast-growing life sciences sector boasts the UK’s only dedicated life sciences enterprise zone and incubators BioCity, including the new £30m BioCity Discovery building, and MediCity.
“Nottingham is also home to many global brands including Capital One, Experian, Boots, Speedo, E.ON, TDX Group, and Paul Smith, which helps us to promote Nottingham as the ideal location for business expansion alongside internationally-known companies.”
Meet the Invest in Nottingham team at the Global Expansion Summit on 19 – 20 June.
