The county council, district and borough councils have been working to develop an effective strategy for Suffolk that will deliver economic growth, create more jobs and increase prosperity. The resulting document defines the public sectors ambitions and how local councils, by working together, intend to achieve these goals and enable the growth of the private sector across Suffolk as a whole. Following a formal consultation period and a successful launch event the Suffolk Growth Strategy is now available to read in full online. Suffolk Growth Strategy Summary, Suffolk Growth Strategy. A delivery plan is currently being developed that will set the investment priorities, the principal activities to be undertaken and the key targets to be achieved in order to deliver our ambition. For any queries regarding the Suffolk Growth Strategy and the Delivery Plan, please contact Alison Huxley.
The Growth Strategy was screened to determine whether a Strategic Environmental Assessment should be prepared and concluded that one was not required. The screening process is available here.
The economic development team focuses its activities on developing key sectors:
- Food, Drink and Agriculture
- Information Communication Technology
Suffolk has a diverse range of sectors providing significant employment such as:
- Ports and logistics
- Horse racing
- Advanced Manufacturing
- Creative industries
- Public sector
Suffolk has a range of other sectors where public sector intervention is vital to stimulate growth, jobs and investment. We and our partners are working on a range of sector related projects to achieve this growth.
The New Anglia Local Enterprise Partnership is working to improve businesses, skills and infrastructure across Suffolk and Norfolk. The Partnership has successfully bid for Enterprise Zone status for Lowestoft and Great Yarmouth. The LEP is also hosting a business support portal to help local businesses with signposting to relevant agencies and organisations to assist start-ups, and growing businesses in the region. The Local Enterprise Partnership launched its Growing Business Fund at the Salthouse Harbour Hotel in Ipswich on 24 April, further information and eligible criteria here. The fund can assist with grants of up to 20% to help businesses grow. Grants are available to Suffolk SME's of between £25,000 and £500,000. A new Small Grants Fund will shortly be launched for grants of between £5,000 and £25,000, aimed at SME's, visit New Anglia's web-site for further detail on criteria and outputs expected.
Please find further information below on some more of the county's business services:
Inward Investment Suffolk is the bright choice for your business because it offers a winning combination of factors you need to succeed. Suffolk sees the sunrise first in the UK - reflecting how we’re leading the way for enterprising businesses to innovate, grow and shine. We’ve got excellent connections, room for growth, an innovative outlook, high calibre people, and you’ll be in good company with other go-ahead businesses. Our county is home to some of the fastest growing sectors that will drive the UK economy, backed by pioneering technology and far-sighted investment that puts them ahead of the rest. Suffolk businesses tell us they value being at the hub of trading activity, with a strong customer base, affordable premises, a skilled workforce and business-friendly networks. And they all say what makes Suffolk really special is that it’s a great place to live as well as work. Visit the Invest in Suffolk web-site.
We are working in partnership with Suffolk Chamber of Commerce to sustain our major towns and our market towns through Business Improvement Districts and Town Centre Management. We are assisting to sustain our three major towns: Ipswich, Lowestoft and Bury.
Norfolk and Suffolk Growth Hub - The New Anglia Local Enterprise Partnership (NA LEP) is establishing a Norfolk and Suffolk Growth Hub with finance from the Regional Growth Fund.