Great Investment

Invest in a Powerhouse region with a £64bn economy, home to nationally strategic investable opportunities in the UK’s key growth sectors.

A growing economy

The Great South West economy is worth £64.4 billion - almost double the size of Greater Manchester or the West Midlands.

With world-leading industries

We have major strengths and expertise in marine industries, photonics, environmental science, nuclear, aerospace, advanced engineering, digital innovation, tourism, agritech, and food and drink production.

And exciting opportunities

We are home to Europe’s largest infrastructure project at Hinkley Point C in Somerset, Europe’s first horizontal launch spaceport in Cornwall, the largest naval base in Western Europe at Devonport, and one of the country’s leading centres for financial services in Dorset.

  • FUTURE AVIATION TEST ZONE

Our region is well-placed to support the testing and development of new aerospace technologies. We are host to key industrial players, including the only industry prime in the UK with a complete end-to-end capability in rotary technology, and are positioned to take advantage of the global ambition to decarbonise the aerospace and aviation sector, with strengths in electrical and hydrogen propulsion, and maximising digital innovation.

Invest in a growing economy

  • HINKLEY POINT C

Hinkley Point C nuclear power station is a major infrastructure project in Somerset, being built by EDF Energy and partners with a total investment of around £22.5 billion. Hinkley Point C will be the first new nuclear power station to be built in the UK for over 20 years, and is expected to generate around 3.2GW of electricity, which is enough to power around 6 million homes.

  • GRAVITY SMART CAMPUS

Located over 600 acres in Somerset, Gravity is one of the largest oven-ready sites in the UK. With direct access to the M5, international airports, freight and rail terminals, this Enterprise Zone offers unique flexibility for forward-thinking companies.

Driven by a clean and inclusive growth vision, the Gravity Smart Campus will create up to 7,500 high-value jobs in a future-facing industry, stimulating economic restructuring and supply chain development. A Local Development Order has enabled Gravity to provide both the scale and flexibility to host a gigafactory – one of five needed by 2030 to electrify the UK.

  • SMART SOUND PLYMOUTH

Smart Sound Plymouth is a fully managed and instrumented testing zone stretching up to 25 miles offshore, available to test and develop technologies for advanced marine autonomy, clean propulsion and digital ocean innovation. Smart Sound provides acoustic testing, research and development, and engineering support for companies looking to develop cutting-edge technologies and products in the marine sector.

Collaborate with world-leading universities

  • GOONHILLY EARTH STATION

Goonhilly Earth Station in Cornwall is a large and advanced satellite communication facility, strategically located to provide direct access to a wide range of satellite orbits. With increasing demand for high-speed and reliable satellite communications, Goonhilly is well-positioned to meet the needs of the growing satellite communication industry.

  • DEFENCE INNOVATION CENTRE

Dorset’s Defence Innovation Centre brings together the Ministry of Defence, industry, and academia to develop cutting-edge defence technologies. It provides access to a wide range of expertise and resources, and the centre’s close proximity to major military bases and defence contractors opens up opportunities for collaboration and innovation. The centre’s work developing new defence technologies presents opportunities for investors looking to capitalise on the growing demand for advanced defence solutions.

  • PLYMOUTH & SOUTH DEVON FREEPORT

The Plymouth & South Devon Freeport opens up opportunities to build upon our region’s marine heritage, with a strong business, manufacturing and research community creating a world-class hub for marine industries. The Freeport has been recognised by Government for leading innovation in marine autonomy, connected ocean and clean propulsion solutions.

  • MARINE & MARITIME LAUNCHPAD

The Great South West was selected as Innovate UK’s Marine & Maritime Launchpad in Autumn 2023, recognising the area's leadership in the sector. The programme recognises industry clusters with the potential to deliver jobs, growth, and productivity. There is up to £7.5m funding available to support SMEs driving innovation in this area. Keep up to date on the Maritime UK SW website.

  • FLOATING OFFSHORE WIND

Floating Offshore Wind (FLOW) in the Celtic Sea is a significant renewable energy project, developing a large-scale floating wind farm off the coast of Wales and Cornwall. FLOW offers a unique opportunity to tap into the vast potential of offshore wind energy, which is becoming increasingly important as the country transitions away from fossil fuels.

Be part of a globally competitive region

  • SMART & SUSTAINABLE AVIATION HPO

The Department for International Trade has recognised the South West as a High Potential Opportunity (HPO) for the development, demonstration, and adoption of new and emerging aviation technologies. As a world leader in Smart and Sustainable Aviation, the South West presents an exceptional opportunity for investors to plug into a leading aviation ecosystem, built upon the region’s rich aerospace heritage.

  • SUSTAINABLE AQUACULTURE HPO

Aquaculture is a key strategic food-production sector, and Dorset has been recognised as an ideal place to invest in this growing market and fill the global supply-demand gap. By developing and deploying aquaculture technologies, companies can exploit the global £139 billion aquaculture market opportunity, with easy access to world-class science, a unified supply chain, a dynamic business environment, an aquaculture-friendly coastline and numerous investment locations.

  • MARINE AUTONOMY HPO

Our marine autonomy cluster presents a key opportunity for investors to benefit from the unique capabilities of the UK’s largest maritime cluster. The area offers a range of benefits to potential investors and businesses looking to develop and commercialise marine autonomous systems, including access to world-class research facilities, a skilled workforce, and a supportive business environment.

  • MINING AND CRITICAL MINERALS HPO

Cornwall has an abundance of metal and mineral deposits, including tin, copper, lithium, cobalt, indium, tungsten, silver and zinc, that are sizable, accessible and supported by a thriving mining service and supply chain. Global demand for these technologies and base metals is expected to grow significantly to support the transition to net zero. The area has a long mining history, internationally active supply chain, and pool of local talent.