England's Economic Heartland
The growing devolution agenda nationally has provided the platform for a strategic alliance between Northamptonshire, Oxfordshire and Buckinghamshire.
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Making Northamptonshire a place to work, live and do business in
In 2012, Northamptonshire was named the most Enterprising Place in Britain, an accolade we are very proud of. However our work is not yet done, and we have ambitions for the future of our county. We want to make Northamptonshire THE place of choice for residents and businesses.
Northamptonshire - the fastest growing area in the country
Northamptonshire is the fastest growing area in the country, with a population that is set to increase from 691,952 (2011) to 774,832 by 2021.
Northamptonshire’s economy contributes over £15bn, (2007, Gross Valued Added) and independent estimates suggest that Northamptonshire’s economy has the potential to grow to over £20bn by 2021.
The key towns Brackley, Corby, Daventry, Kettering, Northampton, Oundle, Thrapston, Towcester, Wellingborough and surrounding villages have a lot to offer.
Located at the heart of England, Northamptonshire has good connections with the national road and rail network. It has good international connections including A14 Trans European route and 5 airports within 1.5 hours reach.
High performance technology
Northamptonshire, home to Silverstone and the British Grand Prix is at the core of Northamptonshire’s High Performance Technology (HPT) sector. There are over 1,500 HPT companies, employing 21,000 people and contributing £2bn to the local economy.
Distribution and logistics
It is referred to as the ‘Golden Triangle’ within the distribution and logistics industry as it is host to the Daventry International Rail Freight Terminal (DIRFT) and the Eurohub at Corby and is within easy reach of the three major air fright hubs.
Food and drink manufacturing
Northamptonshire is a leading area for food and drink manufacturing and supply, and is home to world-leading brands including Alpro, Weetabix, Coca Cola Schweppes, Carlsberg.
Northamptonshire has a strong educational offer. The University of Northampton has a successful Business School and is globally renowned for social enterprise and its studies in Waste Management, Leather Technology and Fashion. Moulton College leads the field for training in the Land Based, Construction and Furniture industries, whilst Tresham College majors on motorsport.
Northampton College offers a wide range of courses and has a strong apprenticeship and advanced apprenticeship programme. Not to mention the two University Technical Colleges (UTC), Silverstone UTC and Daventry UTC majoring in High Performance Technology and Sustainable Construction, respectively.
Support for business
Northamptonshire recognises that businesses are the catalyst for economic growth and that SMEs play a vital role in economic recovery. It was estimated that in 2012 there were a total of 4.8 million businesses in the UK with SMEs accounting for 99.9 per cent of all private sector businesses; 59.1 per cent of private sector employment and 48.8 per cent of private sector turnover in the UK.
Northamptonshire understands the current barriers faced by SMEs and has developed a programme of support activities to help business growth.