Since our creation in April 2016 we have supported the creation of over 8,000 new jobs
The Tees Valley Combined Authority has an ambitious Strategic Economic Plan to grow the local economy. Our plan will see the creation of 25,000 new jobs in the region over the next ten years, creating a period of sustained economic growth through inward investment.
Tees Valley has much to offer potential investors. Whether it’s starting up a new business, an opportunity to grow your company or the relocation of an existing business, Tees Valley has the infrastructure to support major investments.
Tees Valley has a world-class reputation across our key sectors with an established infrastructure and supply chain in the offshore, advanced manufacturing and engineering, chemicals and process and logistics sectors. Key emerging sectors include life sciences, digital, energy and renewable and business services. Significant investment has been made in infrastructure and facilities, creating sectors that are full of potential for future investors.
Tees Valley has many advantages over other areas. Not only are we a cost-competitive location, we are also ripe for investment, with exciting new opportunities on the South Tees Development Corporation, the new Tees Advanced Manufacturing Park and Central Park, a major hub for healthcare and life sciences businesses.
Tees Valley’s Enterprise Zones offer financial incentives for companies looking to invest and include a range of sites, from town-centre offices to large areas of prime cleared land ready for large-scale industrial investment.
There is also plenty of support available from Tees Valley Combined Authority and Tees Valley Business Compass who can help with finding premises and a skilled workforce and can assist with funding applications through the Tees Investment Fund.