York has some of Europe’s best preserved medieval history, but today its modern reputation is synonymous with forward-thinking biosciences, alongside its flourishing retail, digital, tourism, finance and insurance sectors.
Fuelled by world-class research at the University of York and St. John University, York is the link between cutting-edge innovation and the commercial market. Its BioVale innovation cluster is an international centre of excellence in commercialising research and development in bio-renewable fuels, food and drink and agricultural technology. Global leaders like Nestle, BP, Croda and Drax all have operations in York, along with national organisations like the Food and Environment Research Agency (FERA), thanks to its excellent upward supply chain opportunities.
York is the place to turn an idea into a practical business venture. Its highly-integrated research community and 54,000 graduates each year make it easier for new businesses to secure growth there through innovation. York also offers attractive incentives for relocation, like business rate reductions and easily accessible business networks for investors.
Another example of the district’s proactive approach to encouraging innovation and knowledge-transfer is York Science Park, with its fully service-managed platform designed to take care of crucial infrastructure so start-ups can concentrate on running a business.
York also has a vibrant Financial and Professional services sector - Aviva and Hiscox are just two recent examples of inward investment.
"We looked throughout the UK for a new location, but were swayed by York’s unique combination of excellent infrastructure, well educated workforce and quality of life."
Steve Langan, Hiscox, international specialist insurance company
High-tech rail engineering and transportation software businesses also thrive in York. Building on its proud railway industry heritage, Network Rail opened the largest operating centre in the country in York. From the Engineers’ Triangle, signals and operations are controlled along the east coast main line from London King’s Cross to the Scottish borders.
It may be renowned for ancient Viking, Norman and Roman remnants at its centre, but York is opening up future opportunities right at its heart with projects like York Central. The development is a partnership between Network Rail and York City Council to free up land opportunities for growth in retail, business and residential developments. At 35 hectares, York Central is one of the largest brownfield development sites in Europe, with reclaimed space in a prestigious city centre location.
By 2020 York’s economy is projected to grow by another 27%. So not only is it a centre of innovation and growth already, it has a reassuringly sound economic future too - a prospect echoed in its strategic plan for creating new opportunities for investors.
York Means Business offer detailed information about their district’s economic strengths and growth opportunities.
How Leeds City Region Enterprise Partnership can help you
At Leeds City Region Enterprise Partnership we have access to the hard statistics, convincing case studies and incentives you need to influence stakeholders. Our dedicated team of industry experts offer practical help with your proposal, and present compelling reasons to senior decision-makers about why you should locate in the Leeds City Region.
Contact us now to discuss business expansion and relocation into the Leeds City Region and our soft-landing package to boost your growth.