High productivity food production
Take advantage of this unique opportunity
To find out more, send an enquiry and one of our advisors will be in touch. We'll also send you an executive summary outlining the key details of the investment opportunity.
Technology is transforming agriculture, the world’s oldest industry.
Rising food demand and declining land availability are driving innovation in farming techniques. Satellite imaging, remote sensing and precision farming are just some developments in agritech that are ripe for commercialisation across the sector.
Reasons to invest in high productivity food production include:
The global agritech sector is growing rapidly and set to be worth £217 billion by 2021
Automotive and aerospace technology companies are diversifying into the sector, applying their expertise in satellites and GPS to precision agriculture, a sub-sector that will be worth £170 billion globally by 2050
Agrifood start-ups are attracting major backing, receiving £3.1 billion of funding in the first half of 2017
The West Midlands: The heart of the UK
The West Midlands, Telford and the surrounding area are a prime investment opportunity for companies wanting to invest in the agritech sector. The area offers:
An established infrastructure
- the UK agritech industry is already worth £14 billion employing over 500,000 people
- the sector is a world leader, developing technologies that enhance productivity and reduce the pressure on scarce resources
- the agritech sector has major support from the UK government, receiving £90 million of investment in 2018 alone
An ideal location
- the region has an agricultural workforce of over 42,000, with one in four educated to degree level
- it also has a major concentration of end-user farmers
Skills and research
- Harper Adams University in Shropshire is an award-winning world leader in agritech, pioneering schemes such as the world’s first Hands-Free Hectare project
These opportunities are enhanced by being:
- competitive labour costs
- cost of industrial property
- utilities costs
Supported by government
- visas and migration
- skills advice
- financial advice
- recruitment support
- access to funding
- access to academic institutions
Join companies who are already capitalising on the region's rare opportunity.
A rapidly growing SME, Agricultural Magnetics specialises in agricultural spraying using patented magnetic-based technology. Future developments for the company include a plan to collaborate with Harper Adams University to establish independent, university-directed studies and on-going research.
Dairy Crest set up its innovation centre at Harper Adams University in 2015. With cutting-edge facilities, equipment and the expertise of the university and its students, the investment has led to a boost in sales for the company.
Kuhn, the French supplier of farming machinery, has had a base in Telford for over 40 years. Benefitting from the opportunity in the area, the company expanded its team by 25% in 2017.