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With its rich industrial heritage, legacy of engineering excellence, strong culture of innovation, and thriving business community, Coventry is at the heart of British industry.
Innovation has always been at the core of Coventry’s economy and, today, the city is a leader in automotive technology, green energy, and advanced manufacturing, with global brands choosing to make Coventry the centre of their UK operations, including:
Coventry has been designated as the home of the UK Battery Industrialisation Centre (UKBIC), supporting the development of electric vehicle (EV) batteries and sustainable energy solutions, and the city is also spearheading developments in low-carbon technologies, smart mobility, and digital transformation, making it a key player in the UK's net-zero ambitions.
The presence of global corporations, together with Coventry's highly ranked university; convenient, well-connected, central location; world-class innovation centers, affordable commercial property, rich cultural scene, and historic landmarks, all contribute to make Coventry a highly desirable location for individuals and businesses and offers everything SMEs need to scale their operations and thrive in the future economy.
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A comprehensive range of fully-funded business support schemes are available to businesses across Coventry:
"Beyond the practical knowledge gained, the programme also facilitated networking opportunities within the Coventry business community. By connecting with like-minded entrepreneurs and industry experts, I was able to make informed decisions about the most suitable investment strategy to fuel our growth."
“Coventry and the wider region is full of innovative businesses that just need that extra bit of support to achieve their ambitions. Geotechnics LTD is a fantastic example of how the Coventry and Warwickshire Growth Hub works with businesses to help them do just that.”
“I had very good one-to-one mentoring and this tailored support has made me look at Perubien in a different way.”
“When I began the business, the Growth Hub came to my aid particularly during lockdown because they were a massive help in suggesting ways of promoting my business."
"The CW Growth Hub has proved to be a fantastic mentor with their sound advice and guidance every step of the way"
"We needed to move to larger premises in 2018 as we looked to expand our range of services and take on more work. We applied to the Growth Hub for assistance, which helped us to completely transform the place into a bespoke, low volume beautiful emporium for people to see the kind of creations they would like."
"Having the specialist software system means we can keep accurate information on all our stock, production, dispatch, invoicing and accounts so we have better traceability and streamlined processes, and we no longer need to carry out some of the repetitive administrative tasks which means we have more time to do other jobs and have increased our productivity."
“It was a massive deal for us to receive the funding as the move just wouldn’t have been possible without that support. Our old office was outdated and no longer fit for purpose and didn’t have warehousing capabilities which the new one does. That has allowed us to take the business on to the next level. Since October 2022, we've increased our revenue. We've seen our revenue grow by over 30 per cent in 6 months and are seeing year-on-year growth. We've turned the business around in the space of six months, from a loss-making business to a profitable business. We're consistently seeing growth, which has been amazing."
Find out how CW Growth Hub can help your business
Part of the Government-supported growth hub network and the CW Growth Hub Group
