Why Norfolk is the Perfect Place to Launch Your Business
Norfolk isn’t just a beautiful county to live in; it’s also one of the most supportive regions in the UK for new businesses. With strong industries, helpful funding schemes, and a thriving local community, it’s no wonder more entrepreneurs are choosing Norfolk as the place to launch their ventures. Here are five reasons why now is the perfect time to start your business here.
1. A Strong and Diverse Local Economy
Norfolk’s economy is built on more than just one sector. Tourism alone supports over 50,000 jobs, while clean energy is booming thanks to billions of pounds of investment in offshore wind projects. Agri-tech, food production, financial services, and manufacturing also form a powerful backbone, creating opportunities for businesses of all kinds to grow.
2. An Entrepreneurial Culture with Staying Power
Starting a business is never easy, but Norfolk offers above-average survival rates. Over 60% of businesses here are still trading after three years, showing the strength of the region’s entrepreneurial spirit. Micro-businesses dominate the landscape, meaning Norfolk is a place where small businesses thrive and play a central role in the local economy.
3. Access to Local Support and Funding
New business owners don’t have to go it alone. Organisations like the New Anglia Growth Hub, MENTA, and the Norfolk Chambers of Commerce provide expert advice, training, mentoring, and funding opportunities. From rural business grants to digital transformation support, there’s a wide range of programmes designed to give new ventures a strong start.
4. Skilled People and Training Opportunities
Norfolk is home to excellent colleges and training providers that can help you build the team your business needs. Apprenticeship schemes, local recruitment services, and partnerships with City College Norwich or Poultec Training provide tailored ways to bring in skilled staff. For SMEs, this means you can develop loyal employees while also benefiting from government-backed funding and incentives.
5. A Supportive Community and Sustainable Growth
Norfolk has a strong sense of community, and local businesses are encouraged to be part of it. Networking groups, business shows, and local events create opportunities to connect and promote your brand. On top of that, sustainability is a growing priority, with support available for businesses that want to cut carbon and embrace greener practices.