The East Riding area covers 933 square miles and has nearly 340,000 residents.
Strategically-located midway between London and Edinburgh, the East Riding offers a market of over 40 million people within a 4-hour drive radius. The area is home to a wide range of businesses across all sectors, offering quality products and services to support the building and development of local supply chains. Benefitting from Enterprise Zone and Assisted Area Status, great connectivity and a skilled workforce, combined with low operating costs and affordable rent, it’s a number one choice to start, grow or locate your business.
If you are considering locating your business in the East Riding, then you couldn’t be choosing a better area. There is a wealth of opportunity for businesses of every age, size and sector; a fact that has been recognised by major investors including Siemens Mobility, Mitsubishi Chemicals, Guardian Industries, Tesco Distribution and The Press Association.
World leading low carbon economy
Northern Powerhouse grants available
Up to 900Mbs fibre broadband
Part of the UK's largest Enterprise Zone
Home to the UK's most inland port at Goole
Located on the gateway to Europe
Enterprise Zones and Freeports
In addition to its location assets, the East Riding also benefits from enhanced Government support for businesses looking to locate in the East Riding in the form of Enterprise Zone and Freeport allocations.
The East Riding Enterprise Zone sites make up part of the largest Enterprise Zone in the UK, comprising of 1,238 hectares across the Humber. The Humber Zone is made up of 30 sites which provides a flexible offer for many sectors, including offshore wind Original Equipment Manufacturers (OEMs) at Able Marine Energy Park and Green Port Hull, and a rapidly growing operations and maintenance centre at the Port of Grimsby, also for the offshore wind industry.
Enterprise Zones offer a range of financial incentives for investing companies such as Business Rate Relief or tax allowances and have helped establish thriving business parks at Goole 36 and Melton West within the East Riding.
Freeports are the latest iteration of site-specific Government financial support and can be seen as a natural evolution on from Enterprise Zones. They offer similar benefits but are even more attractive with a wider range of potential incentives.
The full Freeport allocation process is still ongoing but the East Riding has initially been awarded over 300 hectares of land with Freeport Tax Site status.
Get in touch with us today
to begin your investment journey
invest.eastyorkshire@eastriding.gov.uk
