Silverstone summit targets inward investment for ‘Motorsport Valley’

Jun 12, 2014

The South East Midlands Local Enterprise Partnership, in collaboration with five neighbouring Local Enterprise Partnerships, is organising the Driving Technological Change event, which will welcome international inward investors to the circuit and is set to attract many of the biggest names in the industry.

Former Ford chairman Joe Greenwell will host the event, introducing speakers from Jaguar Land Rover, Delta Motorsport, Prodrive, Sigma Composites, Cosworth and Mercedes AMG HPP.

The event, on July 2, is expected to attract up to 300 guests from the high performance technology sector.

Silverstone Holdings managing director Richard Phillips, who is also a SEMLEP director, said: “What a fitting start to the Grand Prix and a real coup to have so many industry leaders all gathering on the eve of the biggest event of our year.

“This event will give businesses from across the UK’s Motorsport Valley a unique opportunity to meet and network with world leaders and to share information on the latest cutting edge technology trends.”

The event will also feature a series of technical workshops.

The SEMLEP sub-region, which covers Milton Keynes, Bedfordshire, Aylesbury Vale, Northamptonshire and parts of Oxfordshire, is home to over 1,500 high performance technology companies employing 21,000 people in the design and manufacture of innovative technologies applied to engines.

Driving Technological Change is being organised by SEMLEP in collaboration with fellow LEPs Buckinghamshire Thames Valley, Northamptonshire Enterprise Partnership, Leicester and Leicestershire Oxfordshire and Coventry & Warwickshire.

SEMLEP chief executive Daniel Mouawad said: “The UK is in pole position in the super-fast, technology-driven world of motorsport and we are well placed in the Motorsport Valley, an area at the heart of the country with the UK’s largest concentration of motorsport firms, which ensures we are bursting with companies whose precision engineering and advanced technology skills are increasingly transferred to the mainstream automotive industry.

“We are delighted to be holding this unique event which will enable businesses to meet, discuss and debate with many of the world’s leading companies and experts which in turn will better equip them when facing their own industry challenges.” 

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