Doing business in our area
Businesses thrive in the Heart of the South West with its excellent value, quality development sites and premises, skilled workforce, business support from the Growth Hub and strong private, public, education and third sector partnership; driving the economy forward.
Local, national and international investors recognise that this is a destination of choice for economic prosperity, in part due to the LEP’s success in attracting government investment to improve connectivity, infrastructure and skills.
Local Quarterly Business Bulletin
The Heart of the South West produces a quarterly Business Bulletin, which provides a comprehensive summary of business sentiment across the Heart of the South West, as well as showing the national context. Thanks to the support of business organisations, the Bulletin conveys the views of over 25,000 businesses within Heart of the South West.
It is part of the LEP’s aim to support local and national policy makers in making informed decisions that reflect the challenges and opportunities within the area.
You can find the latest Quarterly Bulletin here.
Invest in our area
The Heart of the South West has a diverse economy of over 72,000 enterprises within strong and growing clusters, particularly in precision engineering and advanced manufacturing, including in the aerospace, nuclear, marine and agri-tech sectors. The area boasts a number of primes and a vast array of SMEs and entrepreneurs, which make up a strong supply chain.
There is an unprecedented opportunity to build on these sector strengths, as well as in emerging markets in health and care, data analytics and rural productivity. Relocating and growing companies are supported by a team of local and national experts and unique on-going inward investment support.
To learn more about investing in our area click here
The Growth Hub
The Heart of the South West Growth Hub is available for all businesses, whatever size or sector. The Growth Hub is a single point of contact – completely free at the point of access – for all businesses seeking advice and support on any issues relating to the operations and aspirations of their business; signposting to international, national or local resources.
Enquiries can be about anything that a business may want to ask; whether they are looking for information on new funding opportunities from grants or loans, where to go for tax advice or help with their expansion plans, innovation or export.
To visit the Growth Hub for Business Support Click here
The LEP is a strong partnership of private, public, education and third sectors across a large geographic area made up of 16 Local Authorities and 2 National Parks. We recognise the greater strength in working together; to help businesses become more profitable and the area more prosperous. Therefore partnership is crucial to all aspects of how we work. The LEP is led by a Board of non-executive directors drawn from all sectors and supported by the three Leadership Groups: People, Place and Business, which are made up of businesses, experts in key sectors and local authority economic development leads.
The Heart of the South West is home to a diverse range of businesses & social enterprises, as well as having a variety of business groups and other important stakeholders and funders who we engage with through our leadership groups, events, meetings and surveys.
Our Business & Stakeholder Engagement Plan is summarised through a table showing our Engagement Activities and this is shown below and our approach to working with our Stakeholders is shown in a matrix, that is here.
To learn more about working in partnership Click here
Area Facts and figures
View more facts and figures
Business groups and networks click here
Helping the Business Community to Connect – a list of the business groups & networks in the HotSW area
If you would like to find out about the business groups & / or networks in our area, please check out the list by following the link above. And if you would like more information about any of the groups / networks listed there; or would like to join one, please click on the + icon to reveal the list, then click on the name in the list and contact them using the details provided in the popup.
Business groups and networks can also add themselves to the list and this is explained by following the link above.