Invest in Nottingham Delivers Outstanding Support of Nottinghamshire Economy
Invest in Nottingham, the inward investment arm of Marketing Nottingham & Nottinghamshire, has reported an exceptional Return on Investment (ROI) of £139 for every £1 invested into the organisation during the 3 year period to March 2024. This impressive achievement underscores the team’s pivotal role in driving economic growth and enhancing the region’s reputation as a prime location for business growth, industry relocation and innovation in the UK.
Between 2021-24 the team has engaged over 500 businesses, with 44 projects being successfully delivered during that time. These projects have in turn brought 2,555 jobs which have a GVA uplift of £135m. Of these, 11 projects were delivered in FY 2023-2024, creating 133 jobs and safeguarding a further 1,432.
As the official Place Marketing Organisation for Nottingham and Nottinghamshire, Marketing Nottingham & Nottinghamshire operates as a key enabler of inward investment. Invest in Nottingham works collaboratively with businesses and stakeholders across the UK to bring new opportunities to the area. The resulting economic benefits from these efforts reflect the high-impact outcomes delivered by the team.
Megan Powell Vreeswijk, CEO of Marketing Nottingham and Nottinghamshire including Invest in Nottingham, praised her team’s achievements and highlighted the importance of continued support for their work:
“The Invest in Nottingham team’s outstanding achievement demonstrates their exceptional capability in attracting and securing investment for the region. This success is a testament to their dedication and strategic approach to promoting Nottingham and Nottinghamshire as a top destination for business and innovation. These results should inspire confidence in our stakeholders and partners as we look towards building on this momentum in the years to come. Continued investment in our team’s efforts is essential to maximise future growth and economic impact for the region.”
The results come at a pivotal moment for Nottingham and Nottinghamshire as the region continues to position itself as a competitive business hub, and representing the East Midlands within to a national audience of investors. Invest in Nottingham’s efforts span various industries, from advanced manufacturing and life sciences to financial services and creative industries, all contributing to a thriving local economy.
With the East Midlands Combined County Authority (EMCCA) committed to the importance of inward investment in shaping the region’s economic and business landscape, Invest in Nottingham’s latest successes highlight the value of sustained funding and support for its initiatives.
If you would like more information on how the Invest in Nottingham team can support your business, please contact us via enquiries@investinnottingham.co.uk
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