Starting or locating a business in Cardiff can give clear cost advantages with low operating costs in comparison with other major UK cities.
Our experienced inward investment team can assist you with your plans to do business in Cardiff by providing a single point of contact for all your queries about our city.
We will ensure you are offered the very best the region has to offer.
Our bespoke business support package could include:
- a dedicated inward investment account manager assigned to you
- in-depth research including cost comparisons and benchmarking to support your business case
- conducting your property search and advising on costs and potential locations
- advice and assistance with identifying financial support
- organisation of familiarisation visits for key staff
- introductions to local business networks, R & D centres and universities
- assistance with training and staff recruitment issues
- access to relevant local authority statutory services
Businesses looking to start up or locate in the city can benefit from a wide range of relocation incentives from a number of agencies including the Welsh Government.
While we know that support is not a key reason for a company choosing a vibrant location like Cardiff, the availability of incentives can help reduce the risks of investment. Alongside cost competitive salaries and commercial rents, the availability of an incentive package can provide a very compelling offer for businesses looking for a long term sustainable location. The level of incentive can be influenced by your location in the city and the size of business i.e. SME or a large enterprise. All funding is discretionary.
Assisted Area Status
As parts of Cardiff benefit from Assisted Area status, discretionary financial support is potentially available for businesses, depending on location within the city and the size of business, ie, the number of staff employed.
Cardiﬀ Enterprise Zone is located within the Assisted Area in the city meaning that additional support from the Welsh Government may be offered, including opportunities for some businesses to claim rate free periods.
Attractive rental packages with rent free periods are an integral part of the support available to companies investing in our capital city. Unlike most cities in the UK, Cardiff has both high quality sites and grade A buildings in the ownership of the private and public sector. This includes commercial offices and land in the city centre as well as at city edge locations such as Cardiff Gate and St.Mellons. Cardiff Council also has a portfolio of technology /incubation units which can be made available to investors requiring short term accommodation prior to occupying long term premises.
Commercial property costs in Cardiff are highly competitive and around 40% of that in London. City centre grade A rents are among the lowest of the UK Core Cities at around £25 psf.
Post Investment Support
Cardiff prides itself in looking after its investors. Supported by the Welsh Government, the Invest in Cardiff team provides ongoing support to our existing businesses. Every investor has a dedicated project officer who will ensure you continue to have access to financial support schemes, business networks and relevant University departments in order to ensure your investment in Cardiff remains successful.