Invest ESSEX supports established businesses with its team of experienced business advisers offering business support and consultancy services across Essex – a county which presents a unique location opportunity to companies expanding in the UK and European markets.
Whether you are looking for one-off business advice, to resolve a specific business issue, or ongoing in-depth business support and consultancy to develop a great business idea, our team of highly experienced business advisers will work with you to understand your business issues and ideas, help you formulate a SMART action business plan, and walk you through the process.
Business Support for Inward Investment
Essex is the location of choice for leading international companies serving industry sectors including the following:
Through a unique combination of location benefits, Essex offers an unrivalled opportunity for businesses seeking growth in the UK, European and global markets. Essex delivers unbeaten connectivity and combines value-adding benefits with significant cost advantages versus London, Cambridge, the UK’s major cities as well as other international and European competitor locations.
This is underlined by the fact that, by locating in Essex over the City of London (which is just half an hour away by train), businesses can benefit from office property cost savings of 74%, as well as labour cost savings of 48%.
At Invest ESSEX, we help companies to identify their optimal business location and implement their relocation or expansion project as quickly and efficiently as possible. Our inward investment team benefits from experience working with businesses of all sizes, across all industry sectors and from international locations including the US, Asia, Europe and the UK.
In addition, our services are fully-funded, bespoke and confidential, delivered both directly and through our network of approved business partners.
Our range of business support services includes, but is not limited to:
- Understanding the UK business and regulatory environment
- Evaluating and selecting an ideal business location and property/site
- Providing connections to key personnel, prospective business partners and support organisations.
- Setting up and business planning a UK operation (financial and legal advice)
- Identifying potential sources of business funding
- Building local supply chains
- Recruiting and training a high-quality workforce
- Accessing university knowledge and research/development expertise
- Offering a ‘soft landing package’ to assist inward investors relocating to Essex.
Invest ESSEX is delivered by the Let’s Do Business Group and is jointly funded by Essex County Council (ECC) and the European Union’s European Regional Development Fund (ERDF).
For examples of businesses Invest ESSEX have worked with, click here.
Supporting SMEs and entrepreneurship
Invest ESSEX are intent on maximising the commercial opportunities of Essex as an optimal business location by offering fully-funded specialist business support and free professional services to existing or start-up businesses in Essex, as well as those considering relocating to the county.
Our SME Business Managers are experienced finance professionals who possess a significant amount of knowledge on working with start-up, growth and turnaround businesses in order to maximise their value. As a result, the team at Invest ESSEX possess a wealth of expertise in the area as well as contacts within the Essex SME market. This unique insight is manifested in the form of providing hands-on support for business as well as finding funding solutions which encourage SMEs to grow.
Invest ESSEX will provide key advice and support for:
- The development and growth of businesses
- Business relocation or expansion
- Business planning and marketing
- Cash flow forecasting and coaching
- Helping clients to successfully secure funding
This is achieved through funding provided by the European Regional Development Fund (ERDF), which allows SMEs and start-ups to benefit from 12 hours of fully-funded advice – something which can be increased if there is value.
As well as the SME business support service, Invest ESSEX also manages the Ongar Business Centre (OBC), which is specifically designed to support entrepreneurship and SMEs and where more than 20 SMEs currently reside. Many companies have built successful businesses on the foundation of their early years at the Ongar Business Centre.