Fuelled by world-class research and a supply of skilled graduates at the University of York and St. John University, York links cutting-edge innovation and the commercial market. Supporting more than 114,000 jobs and contributing around £5bn of value to the national economy, York is an ideal place to turn an idea into a business.
Ventures like York Science Park are designed to foster a proactive approach to innovation and knowledge-transfer. Global leaders like Nestle, BP, Croda and Drax all have operations in York, along with national organisations like the Fera Science (formerly the Food and Environment Research Agency).
BioVale innovation cluster brings together regional industry, research organisations, higher education and government in an international centre of excellence. It works to commercialise research and development in bio-renewable fuels, food and drink and agricultural technology.
Building on its proud railway industry heritage, York is a centre for high-tech rail engineering and transportation software. Network Rail opened the largest operating centre in the country in York, while the Engineers’ Triangle controls signals and operations along the east coast main line from London King’s Cross to the Scottish borders.
York also has a vibrant Financial and Professional services sector, with Aviva and Hiscox both having a major presence in the area.
Nestling alongside ancient Viking, Norman and Roman history is the York Central project, a 35 hectare brownfield development in a prestigious city centre location. The development is a partnership between Network Rail and York City Council to free up land opportunities for growth in retail, business and residential developments.
York also offers attractive incentives for relocation, like business rate reductions and easily accessible business networks for investors. See the City of York Council website for more information.