On 18 April 2013 our team will again be heading to London, led by Sir John Peace, to deliver a series of presentations to influential investors, developers and end-users. Our 170 members and partners will be vital in helping make our presence known by inviting their contacts to the event, to see and learn more about Nottingham and what we can offer.
It’s an exciting time for Nottingham with two major economic strategies for the city now in place, with the launch of the Growth Plan and the announcement of Nottingham's £60m City Deal. Never before has there been a better time to wrap the whole of our Nottingham offer into one ambitious package and present it directly to potential inward investors. Already, the activity of the city and the Invest in Nottingham Club has helped to create over 1200 jobs for local people in Nottingham and Nottinghamshire so far this year.
This next Invest in Nottingham showcase follows on from two successful events in 2010 and 2011 which shone a light on Nottingham attracting a total of around 300 potential investors and influencers. Key supporters of last year’s event included leading Nottingham firms such as Alliance Boots, Speedo, Paul Smith and Experian. Previous promotional events have been held at Centre Point and the newly opened St Pancras Hotel, another iconic London venue is planned for the next showcase.
There is a lot to tell about the Nottingham story, the City Deal, announced in July will pump up to £60m into the local economy. The investment is focused on the flagship Creative Quarter which includes the areas of the Lace Market, Hockley, Broadmarsh East, the Island site and BioCity. Many of Nottingham's emerging growth sector businesses are already located in the area and it is where new businesses will be encouraged to locate.
Nottingham City Council’s ambitious Growth Plan provides the framework within which the City Deal will be delivered and it is the city's response to a challenging economic climate. The result of collaboration between the public and private sector, the Growth Plan analyses the city economy, highlights the challenges and identifies the steps we must take to achieve sustainable, long-term growth.
Nottingham has many features that mark it out as a great city and provide an indication of the possibilities. Our economy has massive potential to grow and already committed is investment of over £1 billion of in a range of significant infrastructure developments in the next three years. Over 50 regional and national headquarters are already based within the city including Alliance Boots, Experian, Capital One, Speedo and E.ON, but we see greater opportunities.
We want to show potential investors that Nottingham is a great place to do business. We’re in a strong position now, transport in the city is improving with two more tram lines, a redeveloped railway station and transport hub. We have a stable and diverse economy and a first class workforce. It’s acknowledged that Nottingham’s central location as well as our quality of life is a perfect combination to both attract new and retain world-class talent many from the city’s own Universities.
The city showcase is being hosted by Sir John Peace who is a great advocate for the city who has already supported Invest In Nottingham Club. Founder of our great success story Experian and Chairman of Standard Chartered plc, Burberry plc, he was the Chairman of the Board of Governors of Nottingham Trent University for 10 years and is a trustee of the Djanogly City Academy. Sir John chairs the Nottingham Economic Resilience Forum, focusing on issues associated with the recession and local unemployment.
We’ll be announcing further details over the coming weeks about how our delegation of members will be promoting the city offer and demonstrating that Nottingham means business. This is the most important opportunity to sell our city offer to investors in London and beyond, and is the heart of our campaign to invest in Nottingham. So if you are interested in getting involved and playing your part in our campaign do get in touch.