Defence and Security
Defence and security is the main sector highlight in this region. Hereford is home to the Special Air Service, military bases and private sector organisations such as G4S Specialist Training HQ.
Herefordshire is also part of ‘Cyber Valley’, a specialised cluster of cyber companies around Great Malvern.
The Cyber Quarter
The Cyber Quarter is the Midlands Centre for Cyber Security that offers incubation space for 20 new companies, and acts as a hub of research and development, encouraging collaboration and technology transfer between businesses and academics.
Business administration and professional services
33,000 jobs in this sector, mainly located in Worcester, Bromsgrove and Wychavon districts.
Local employers include: HSBC, NatWest, Bishop Fleming, Thursfields Solicitors, Hewett Recruitment, MFG Solicitors, Harrison Clark Rickerbys Solicitors, OGL Computer.
Worcestershire is at the heart of UK manufacturing and home to many global engineering firms, such as:
- Worcester Bosch
- Yamazaki Mazak
- Morgan Motor Company
- Joy Global
- Malvern Panalytical
Worcestershire is spearheading the drive towards the creation of ‘smart’ factories in Britain. In February 2019, it was host to the first live 5G factory trials in the country, placing the UK firmly ahead of its European peers in the race for 5G.
A first-of-its-kind technology business accelerator programme has been launched in Worcestershire. Known as ‘Cyber Valley’, the area is home to the highest concentration of cyber companies in the UK.
Funded by Worcestershire Local Enterprise Partnership (WLEP), the programme will offer up to ten individuals, SMEs or scale-ups a nine-month programme of intensive support designed to build their idea and ready it for market launch, or catalyse the growth of their existing business.
As well as having their own space at the BetaDen Hub in Malvern Hills Science Park, participants will be able to access industry-leading technologists, lab spaces, handpicked business mentors, investment coaching, proof of concept grant funding, events, workshops and commercial meetings offering real routes to market.