Torbay has all the right ingredients for successful investment and sustainable growth.
With prime investment sites, Torbay continues to bring forward ambitious, high quality new developments and is seeking partners to deliver transformational schemes.
The time is right to invest in Torbay.
There is already a lot happening in the bay, but we want to see even more… We’re up for growth, open for business and would love to welcome you to our beautiful Torbay.
Over the last few years Torbay Council has put in place the building blocks for success.
- We have established a £50M investment fund, which is being used to support the delivery of major projects.
- The South Devon Highway was opened in December 2015, providing great connectivity between Torbay, national and international markets.
- We have a new local plan, giving clarity and certainty about new development.
- We have masterplans for our town centres, which include some very exciting regeneration ideas.
- We have continued to bring forward ambitious, high quality new developments, which are providing great financial returns for investors and fantastic outcomes for Torbay.
Torbay’s economy is improving year on year and is currently worth more than £2B.
The local economy is highly entrepreneurial, made up of many micro businesses and SME’s. These businesses add huge value to our economy and are complemented by large employers in a range of sectors including; Marine, Advanced Engineering, Tourism, Aerospace and Nuclear Energy.
Our national and international businesses calling Torbay home include; Lumentum, Gooch & Housego, EFFECT Photonics, Dart Valley Systems, Nissha Medical Technologies, II VI Photonics amongst many others.Torbay Business Community
Torbay is a leading business destination that is continuously and actively seeking business growth and investment.
Torbay offers a skilled workforce, a low cost base, good connectivity and easy access to world class research.
Torbay is ready to support you with your investment plans. Whether you are a developer looking to invest or a business leader looking to relocate, we will provide comprehensive, free of charge advice at every step along your journey.
Torbay Council and TDA are serious about and committed to regenerating Torbay over the next decade, with projects which will support growth and development across the area.Connectivity
Sheltered on the UK South Devon coast in a beautiful natural bay, Torbay is just under 20 miles from Exeter.
Torbay Business Community
If you start a business or relocate to Torbay, you become part of a progressive, supportive business community.
Torbay businesses are well connected by air, road, rail and fibre helping them to compete nationally and internationally.
Our team can work with you as you build your business case to identify relevant funding and explore further incentives to recolate to Torbay.
Whether you are looking to upskill your current workforce, retain future talent or recruit locally, Torbay can support you.
Living in Torbay
Torbay offers an excellent quality of life and many people move to Torbay for work-life balance reasons.