Your Clean Technologies Location
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This world capital has exactly what environmental entrepreneurs are looking for: a major resource recovery opportunity, a large pool of engineering talent, a growing recycling industry, world-leading research on waste reduction and reprocessing, hungry private equity firms, excellent property options and professional advisers.
In London's east, the London Thames Gateway sub region offers the perfect test market conditions: direct access to a high-density, high-consumption population; a wide range of manufacturing industries; a landfill shortage; pro-recycling legislation; and sophisticated transport options.
London Thames Gateway is the focus for the development of green industries in London, and an ideal location to site new facilities given the availability of development sites and government assistance.
London Thames Gateway offers:
High density, high consumption population - By 2020 London will be producing over 22 million tonnes of waste material. Much of the growth in municipal waste will occur in London Thames Gateway, which will accommodate a high proportion of London's predicted population growth and where 120,000 new homes will be built.
The UK's largest resource recovery opportunity - London's resource recovery and recycling infrastructure is ripe for immediate and substantial expansion and investment. World class environmental management is providing profitable solutions to resource problems here, with a range of well known companies managing both vital day to day operations and highly innovative projects.
Pro-recycling legislation - Planning guidance in London requires new major developments to generate at least 10% of their energy needs from renewable sources, and energy efficiency ratings such as the BREEAM 'excellent' standard are being written in to the planning policies of many local authorities. The Mayor's Energy Strategy aims to generate at least 665GWh of electricity and 280GWh of heat from 40,000 renewable energy schemes by 2010. These capacities are expected to at least triple by 2020.
Access to grants and financial assistance - Companies locating in London Thames Gateway could be eligible for the Selective Finance for Investment scheme, which can equate to around 15% of investment costs. There are also a number of specialist grants available to support environmental technology firms. In addition, companies wishing to take advantage of London's research and development opportunities are eligible for R&D tax credits, meaning that each £100 of R&D in the UK will now cost £62.50.
The UK's largest pool of knowledge - The clean technologies sector is increasingly demanding more graduates and highly technical staff, and London has a huge talent pool for environmental engineering and waste management. East London is home to some of the most advanced facilities in the UK, which are significantly upgrading the skills base. Local education institutions offering environmental related courses include: the University of East London, Queen Mary University of London and the University of Greenwich.
Access to quality sites and properties - This region offers a sophisticated environment for innovation, along with good availability of high quality, competitively priced industrial, warehouse and R&D facilities. Globally significant R&D clusters in engineering and clean technologies, along with attractive R&D incentives, make London an ideal base for leveraging technology transfer opportunities.
The world's most diverse labour pool of over 7.6 million - With a labour pool of 3.6 million and a further 4 million around London, the region is able to supply not only highly educated, but well trained trades people and production staff. All our locations benefit from fast connections to London's vast commuting infrastructure, with the rail network in particular providing high accessibility for our major labour catchments.
Easy access to the rest of the UK - Ranked 'best city in terms of external transport links'* London is extremely well connected to UK, European and global consumer and business centres. Locating in London Thames Gateway enables direct access to the UK's largest market, the Port of London and the M25 and M11, through to the national motorway network.
Further Details
For more information on what London Thames Gateway has to offer, download our business proposition The Environmental Technologies Location.
*Source: Cushman & Wakefield European Cities Monitor 2006
