New appointment to boost investment in Gloucestershire

A very experienced international economic development expert has been appointed to lead a major investment project in Gloucestershire.

GFirst LEP has appointed Phil Clement as the new Head of Foreign Investments, leading the Invest in Gloucestershire project.

The project aims to stimulate foreign investment in the country as well as support the growth of existing investors.

The Invest in Gloucestershire initiative – an EU-funded project – was set up in 2019 to attract new foreign direct investment (FDI) to Gloucestershire.

The seven local authority partners work closely with the project team to facilitate the creation of new businesses and foster employment opportunities in the county.

Success stories include ZeroAvia, an American aerospace company at the forefront of hydrogen technology. ZeroAvia recently moved to Gloucestershire to Cotswold Airport, creating almost 50 new jobs to date.

Phil has over 25 years of experience in international economic development, helping global businesses and small businesses invest in the UK and grow their UK based operations.

His career has spanned positions in local and regional government, spanning locations such as London, Oxford and Cambridge, as well as consulting positions in the private sector and academia with universities like the University of Oxford and Cranfield University.

He has held the positions of Head of Investor Development for the South East England Development Agency (SEEDA) and Director of Investments in Oxfordshire, his most recent position being Head of investment and export to the Swindon & Wiltshire Local Enterprise Partnership.

It will be a key driver in finding new investors and promoting the county’s dynamic offering in cyber / digital, agro-technology, advanced manufacturing and engineering, and renewable energy.

Phil will help promote the Gloucestershire cybersecurity sector, including the soon to be launched High Potential Opportunity (HPO) cyber sponsored by the Department of International Trade. This will make the most of the commercial teams at UK Embassies and Consulates around the world, showcasing cyber assets such as the Golden Valley development adjacent to GCHQ and the Forum in Gloucester.

In addition, Phil will oversee the rollout of a new cutting-edge engineering and manufacturing proposal for the county and will work closely with the two Agro-Tech Centers of Excellence, Hartpury College and University and Farm 491 at the Royal Agricultural University.

Phil Clement said: “I am delighted to join GFirst LEP and promote the impressive assets of Gloucestershire.

“Working with partners from government, industry and academia, the inbound investment team will showcase Gloucestershire’s strengths at country-specific industry events and overseas throughout 2022, helping to the creation of new businesses and employment opportunities across the county. “

Dev Chakraborty, Deputy Managing Director of GFirst LEP, said: “We are really delighted to have the services of such an experienced person to lead our inbound investment project.

“I am convinced that with his vast experience and his solid network of contacts, he will do a wonderful job. “

For more information on GFirst LEP and their inbound investment project, contact Phil Clement, Inbound Investment Manager; [email protected]

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