Cheltenham’s proximity to main urban centres such as Gloucester and Bristol, combined with the M5 motorway network, means that Cheltenham attracts commuters and varied inward investment opportunities with a strong local economy made up mainly of small and medium enterprises (SMEs).
It is estimated that Cheltenham’s economy is currently worth in the region of £2.5-£3 billion, yet is predicted to grow significantly over the next ten years to upwards of £4.5 billion.
It supports over 70,000 jobs in a range of industries including cyber-tech, aerospace, engineering, professional services, retail & leisure, health, education and public administration.
The employment market in Cheltenham is also strong with a diverse range of businesses present including a number of high profile HQ’s, including GCHQ, Superdry and Spirax-Sarco. It has an exceptionally strong representation from digital and tech based firms including Google, Microsoft and Apple all present in the town.
Cheltenham already has a strong and well-established cyber-tech ecosystem in the region, having the UK’s largest cyber cluster outside London.
