• The total output of the economy in Gloucestershire is approximately £12.7 billion, representing 12% of the value of output in the South West.
• 14 million visitors bring £1 billion to the local economy in Gloucestershire.
• Gloucestershire is proud to be home to producers of global brands covering diverse sectors such as Ecclesiastical Insurance, Endsleigh Insurance, UCAS, GCHQ, SuperGroup Plc, Weird Fish, Ribena, Bottle Green, Olbas oil, Walls ice cream, Mira showers, Messier Bugatti-Dowty, Horizon Nuclear Power and Cheltenham Racecourse to name but a few.
• Every year, over 5,000 start-up businesses are launched across Gloucestershire and our three year business survival rate is one of the best in England.
• To enable businesses to achieve their true growth potential in the county, The Growth Hub is a single point of contact for over 26,000 businesses and new start-ups across the county for key business support services.
• Partnership agreements are already in place with China to explore trading links and we’re encouraging more businesses in the county to export
• The county has one of the highest rates of employment in the South-West at 76.4%, against the national average of 71.3% in England.
• Gloucestershire has the highest proportion of employees in export intensive sectors of all LEPs alongside London
• A major priority in our Strategic Economic Plan for driving economic growth in Gloucestershire is skills development, particularly to plug the gap in Science Technology, Engineering and Mathematics (STEM) subjects where there is scarcity both at a county and national level. Opening in 2015, the Gloucestershire centre of excellence in Renewable Energy, Engineering & Nuclear skills (GREEN), will be a world-class centre of excellence for STEM training, providing workforce development training and apprenticeship opportunities based at the decommissioned Berkeley power station site.
• Gloucestershire is already served by excellent rail, road transportation links with easy access to the motorway networks and major routes, and is a gateway to the urban hubs of Bristol, Birmingham, Cardiff and London.
• Gloucestershire Airport is recognised as one of the UK’s premier business aviation airports, with Bristol and Birmingham international airports being only an hour away.
• To further accelerate economic growth in Gloucestershire, The Growth Zone will further develop the availability of employment land along the M5 corridor in order to attract and retain high value-added businesses by providing valuable space and the necessary transport infrastructure for business expansion.
• Major regeneration schemes worth £220m are taking place throughout the county, with many more commercial property and transport investments planned to fuel further economic growth.
• Gloucestershire leads the way with plans to rollout high-speed broadband to reach 90% coverage across the county by 2015.