Manchester. A World Class Location for Business. James Spiers, Business Development Executive

Transcription

1 Manchester A World Class Location for Business James Spiers, Business Development Executive

2 MIDAS Manchester s Inward Investment Agency Over 20 years experience supporting companies investing in Manchester Actively worked with over 1000 companies Helped over 150 companies to set up in Manchester over the last 3 years All services are free of charge and confidential

3 MIDAS Strategic Priorities To attract inward investment into Greater Manchester To support the expansion of existing investors in the region To promote Greater Manchester as a leading European business location

4 Why Manchester? UK s fastest growing economy Economic leader in UK, behind only London A workforce of 7.2 million within 50 miles Over 40% of economic output for the North West Central UK location International airport with direct flights to over 200 destinations world-wide Large talent pool with multilingual skills (over 200 languages spoken) Devolved economic city creating a probusiness environment Manchester Source: Yale University Geocon Project

5 Recognition THE MOST COMPETITIVE BUSINESS LOCATION IN EUROPE KPMG Competitive Alternative Survey, 2014 NUMBER ONE CITY IN THE UK TO LOCATE A HEADQUARTERS Cushman & Wakefield, 2012 BEST UK CITY TO LIVE Economist Intelligence Unit, 2014 FASTEST GROWING ECONOMY OUTSIDE LONDON Grant Thornton, 2014 BRITAIN S MOST VIBRANT CITY Experian Vibrancy index, 2013

6 Devolution

7 Manchester s Economy Source: ONS 2.7m people +176,300 since ,500 businesses 1m international visitors p/a 820m p/a conferences 57 FDI projects % Europe 30% N. America 16% Asia Pacific 7% India Gross Value Added Source: ONS, GVA estimates 2014 GM ECONOMY, bn BIGGER THAN WALES ECONOMY, bn NORTH EAST ECONOMY, bn NORTHERN IRELAND ECONOMY, bn

8 Pioneering city A city of firsts birthplace of the industrial revolution, splitting of the atom and the modern computer Legacy of driving change home to the suffragettes and the worldwide co-operative movement City of innovative pioneers the city where graphene, the world s thinnest and strongest material, was isolated Today, Manchester is the first devolved economic city resulting in a pro-business environment

9 Access to World Class Talent Manchester s Universities 25 Nobel Prize winners, with more Nobel laureates working in Manchester than Oxford or Cambridge Over 105,000 students attending Manchester s five universities with 30,000 graduates per annum UK s largest single-site university 22 universities within an hour s drive with 515,000 students University of Manchester has more international students than any other UK Institution and maintains a very high retention rate Home to top two most applied to universities in the UK

10 Creative, Digital, Media & ICT Europe s second largest media creative, digital & media hub 70,000 people employed across these industries Over 3.5bn invested in the sector Centre of excellence for high-end content creation as well as complex content and data management, with a specific reputation for ground-breaking animation and CGI Home to MediaCityUK Major centre for television and film production - BBC and ITV have substantial operations in the region

11 MediaCityUK The Landing The Sharp & Space Projects The Northern Quarter Digital Eco-System Manchester Science Partnerships spaceport Corridor Manchester

12 Financial, Professional & Business Services Leading regional financial, professional and Business services centre Over 324,000 people employed across the sector Contributes 15.5 billion to the Manchester economy each year More than 60 international banks in the city One of Europe s leading shared service hubs Significant savings over London, making the city an ideal base for back and middle office growth centres

13 Advanced Engineering & Manufacturing Historically home of the industrial revolution; now an advanced manufacturing hub Manufacturing workforce of over 100,000 13,000 engineering and material sciences students At the centre of key UK industrial clusters: aerospace, automotive and nuclear University of Manchester s School of Materials is ranked 1st in the UK for research Home of the National Graphene Institute and The Graphene Engineering Innovation Centre

14 Life Sciences & Bio-Medical European City of Science 2016 Home to over 30 National Health Service organisations Europe s largest single-site clinical academic campus 250 biomedical companies in the region UK Centre of Excellence for Clinical Trials World class R&D

15 Digital Infrastructure 3.5bn invested International Internet Exchange main hub of outside London Established Data Centre hub High Performance Computing Hibernia transatlantic Cable System

16 Internationally Connected Best city outside London for international transport links (Cushman & Wakefield) Multi-modal transport links providing excellent connectivity to UK and global markets Local/Regional efficient and excellent subnational transport system National London 2 hours by train, 3 trains per hour Central position for UK motorway network Over 200 direct flights to worldwide destinations from UK s largest regional airport International - Access to most of Western Europe within a 3 hour flight and multiple daily direct flights to US and Middle East Improving connectivity to emerging markets such India and China

17 Infrastructure Investment 1.4bn Metrolink light rail network expansion programme 300m Metrolink extension to Manchester Airport opened a year ahead of schedule Northern Hub development 560m heavy rail upgrade High Speed Rail 2 (HS2) Manchester to London in just 68 minutes. Estimated creation of 30,000 jobs in the North West

18 Quality of Life Named among the world s most liveable cities according to the Economist Intelligence Unit, ahead of London, New York, Rome, Milan and Singapore 4 national parks within an hour s drive Outstanding shopping experiences 2 premier league football teams, 7 top rugby teams & 90 golf courses Strong heritage in sport and music Offers city, suburban & country living

19 Quality of Life

20 MIDAS Services Research including benchmarking Support expansion Property solutions Recruitment and Training Networking Marketing and PR support Relocation support Financial solutions How do MIDAS help? Extensive sector and market knowledge Access to a full team of specialists and their network Minimise the risk and maximise the opportunities of locating in Manchester Understanding of what it takes to archive a successful investment Ongoing support throughout the investment process, aftercare service and ongoing support for future opportunities

21 Thank You Questions/Discussion