Greater Norwich offers a comprehensive range of financial incentives, including significant City Deal funding, and a package of business support to encourage inward investment. The city boasts the 3rd highest concentration of research parks in the UK and two leading universities: University of East Anglia and Norwich University of the Arts. The excellent supply of creative graduates from these pioneering universities has supported a 21% increase in digital businesses between 2010 and 2013 with 14,500 people working in the sector.

 

The world-renowned Norwich Research Park is home to 3,000 scientists, 12,000 support staff and over 75 science and technology businesses. In 2018 the new Quadram Institute will open, a multi million pound Food and Health research centre which will develop solutions for global challenges in health, food and disease.

An investment initiative is underway to create a ‘Tech Corridor’ along the A11 between Norwich and Cambridge. The Cambridge Norwich Tech Corridor will link these two key technology hubs with an aim to create 9,000 jobs and 20,000 homes.

There is over 200ha of employment land available for development across >Norwich, all with outline planning consent. Enterprise Zone status offers benefits at a number of key employment locations, providing:

• business rate discount of up to £275,000 over five years
• simplified planning
• access to Superfast broadband

These opportunities include 52ha of development land at Norwich Research Park which is already home to six world renowned research institutes, 3,000 scientists and has significant investment plans. There is 75ha of development land around Norwich International Airport that has the potential to support a growing airport with worldwide connections via Amsterdam. The airport is also home to the state of the art Aviation Academy which opens this year.

Equally attractive is the 40ha of development land around a thriving complex of business parks to the east of the city which are already home to Aviva, RBS, Group Lotus, Virgin Money the NHS and others.

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‘Norwich embraces highly sustainable and inclusive development. Alumno looks forward to an on-going relationship with this forward-thinking city.’


David Campbell,
Managing Director,
Alumno

NORWICH HAS CREATIVITY IN ITS DNA AND THAT WAS EPITOMISED BY IT BECOMING THE UK’S FIRST UNESCO CITY OF LITERATURE IN 2012. IT IS A CITY THAT COMBINES A RICH HERITAGE AND HISTORY WITH A CONTEMPORARY ATMOSPHERE.

Whilst so many city centres are looking to re-invent themselves, attract people and are even struggling to survive, Colliers International defines Norwich as ‘thriving’.

The city is consistently rated as one of the safest and greenest in the UK and with 1,500 historic buildings, a 900 year old cathedral and castle sitting alongside highly regarded modern architecture, this is an environment that inspires.

Norwich is a place of ideas where the power of words has changed lives for hundreds of years. Authors have always flocked to the city and the mystic Julian of Norwich was the first woman to write and publish a book in the English language in the 14th century. The University of East Anglia is home to the prestigious creative writing department and the novelist Ian McEwan commented that ‘Norwich has turned itself into a world hub for literature’.

The Norwich University of the Arts is based in the city centre and is a dynamic and creative community surrounded by small cafes and galleries. It is rated as a top 5 university for ‘creative scene’ in the Which University Survey and its Chancellor, the renowned actor John Hurt commented ‘it’s going to be the most impressive arts university in the world’.

From the cobbled Norwich Lanes to the Royal Arcade’s Art Nouveau elegance, you’ll be amazed by the eclectic mix of quality, independent shops. There are two large city shopping centres, an unbelievable number of department stores and a rapidly growing vintage scene which is fast gaining an excellent reputation for its superb range of clothes and furniture on offer.

ALL THIS HAS LED TO NORWICH BECOMING THE HIGHEST RANKING RETAIL CENTRE IN THE REGION AND NORWICH LANES BEING NAMED 2014 GB HIGH STREET OF THE YEAR.

When you add that to fabulous historic buildings, amazing architecture, contemporary developments such as the Forum, which is home to the most visited public library in the UK, plus England’s largest open air market with nearly 200 stalls and you have a centre where you’ll want to linger longer.

Norwich doesn’t just offer a fantastic daytime experience. When night falls the place comes alive with an impressive array of gastro pubs, restaurants and a lively micro-brewery industry. You can quite easily find a different food experience every night alongside a bustling bar culture, with a lively mix of stylish sophistication, bohemian hangouts and retro cocktail chic.

The Greater Norwich Growth Board oversees the delivery of an annual infrastructure delivery programme and City Deal which was signed at the end of 2013. This is focused on enterprise, skills and infrastructure with an aim of turning knowledge into jobs and growth. There is an overall target of 37,000 new homes and 27,000 new jobs by 2026.

Additionally there is a commitment to deliver £575m of new infrastructure between 2013 and 2026 including £370m on sustainable transport and £150m on schools.

>Norwich boasts some fantastic businesses and brands who are taking advantage of the talented and well educated people, the amazing quality of life and fantastic ‘value’ on offer. There are 24,000 businesses in the area including global players such as Aviva, RBS, Virgin Money, Group Lotus and KLM to name just a few.

A recent Tech Nation report also pinpointed >Norwich as a ‘vibrant digital technology cluster’ with a 20% plus growth in technology companies between 2010 and 2013. The report highlighted Norwich-based tech companies Proxama and Liftshare as key within the digital sector, with technology networking groups SyncNorwich, Hot Source and Norfolk Developers also contributing to boosting economic growth.

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>Norwich was identified as one of five ‘fast growth cities’ alongside Cambridge, Oxford, Milton Keynes and Swindon in a 2016 report published by the highly respected Centre for Cities, the independent non-partisan think tank dedicated to understanding and improving UK city economies. As a ‘fast growth city’ >Norwich has seen strong growth in employment since 2010 and particularly in knowledge intensive business service jobs: it is ideally positioned for further growth in population and employment and will continue to be an important player within UK plc.

The city of Norwich is a medieval city with its eyes firmly on the future. Our ambitious growth plans, coupled with strengths and expertise across sectors, combine to offer attractive investment opportunities.

GREATER NORWICH OFFERS


  • A £10billion economy
  • 24,000 businesses
  • A highly skilled workforce
  • Two award-winning universities – with 40% graduate retention rates, one of the highest in the country
  • Great availability of space and development opportunities
  • Average house prices 29% below those in Cambridge, and 10% below the national average
  • Competitively attractive set-up, operating and running costs
  • Business rate growth that outstrips the national average
  • Good rail and road links, and an International Airport
  • A good return on staff investment due to the high quality of life and stable workforce

 

CONNECTIVITY


NORWICH INTERNATIONAL AIRPORT IS ONLY 10 MINUTES FROM THE CITY CENTRE WITH DAILY FLIGHTS TO AMSTERDAM, MANCHESTER, ABERDEEN AND EDINBURGH. THE AIRPORT OFFERS GLOBAL CONNECTIVITY TO OVER 1 ,000 DESTINATIONS VIA THE HUB AIRPORT OF SCHIPHOL, AMSTERDAM WHICH IS LESS THAN AN HOUR’S FLIGHT AWAY.

The airport has been recently acquired by the Rigby Group who already own and operate Coventry and Exeter airports and have pledged to accelerate growth by expanding the flight network. Norwich International Airport is also a significant operating hub for the southern North Sea oil and gas industry.

THE BOOMING CITY OF CAMBRIDGE IS AN IMPORTANT NEIGHBOUR FOR >NORWICH AND IS ONLY AN HOUR’S DRIVE.

The Cambridge Norwich Tech Corridor initiative along the A11 seeks to capitalise on the relationship between the two cities and there is now an easy commute for scientists living and working in either >Norwich or Cambridge. Importantly, >Norwich provides a ‘value’ and great quality of life offer.

Don't forget...

It’s also beautiful. Norwich is a medieval city with a cosmopolitan, contemporary feel, surrounded by beautiful countryside, breath-taking beaches and the stunning Norfolk Broads. It’s a compact, lively city that will make you want to stay…