Sandwell Council has published its Sandwell Business Growth Plan, outlining how we will support our local businesses for the next two financial years.
We launched the Sandwell Business Growth Plan at a networking event at The Hawthorns on Thursday 23 November.
The plan updates Sandwell Council’s 2021 Action Plan and sets out our strategy for supporting businesses over the next two financial years, focusing on seven economic priorities:
Support in Sandwell
Start Up in Sandwell
Grow in Sandwell
Invest in Sandwell
Innovate in Sandwell
Social Value in Sandwell
Net Zero in Sandwell.
Sandwell: a great place to do business
As you probably know, Sandwell is a great place to do business. Our borough has a £6.4bn economy, with twice the number of manufacturing firms to the national average. It is home to fast-growing, high-employment, and high-turnover businesses. Sandwell also benefits from six interconnected towns, a tradition of locally focused small businesses and an economy driven by private-sector employment and growth.
More investment is coming to Sandwell. Our regeneration pipeline forecasts £2.9bn of investment by 2027 (see the Regenerating Sandwell website for more information). This brings the opportunity to make real improvements to high streets, public assets, skills provision and transport – all to ‘level up’ the borough.
In addition, Sandwell Council can support our businesses to meet the challenge of economic recovery, the carbon net zero transition, and rapidly changing global and local markets and supply chains.
Resources and expertise
This means focusing on doing the things that the council and partners can do to create the conditions for new jobs and skills, tackling inequality and keeping wealth local. Sandwell is part of the UK’s largest combined authority (the West Midlands Combined Authority), and with a range of partners delivering regional business support, our Sandwell Business Growth Team has the resources and expertise to deliver this plan.
Our overall ambition is to accelerate business growth, creating a wealthier Sandwell, gripping investment opportunities, and addressing long-term economic challenges to achieve our goal of “stronger businesses, thriving communities”.
Sandwell Business Growth Plan
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Last week, we also launched Sandwell’s Top 50 Fastest Growing Companies Index 2023. Have a look!
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