Bristol & Bath

By

Emma J

Last Updated: 11, September 2024

Bristol & Bath

  Number of Digital Jobs
  Digital GVA
  High Growth Firms
  Startup Births
  Average Advertised Digital Salary
  Tech Sector Growth Potential

What’s there

With technical expertise in aerospace and a history of microchip design, Bristol and Bath’s burgeoning digital tech cluster has deep roots.

Global businesses from these sectors are based in the region, including XMOS. Successes like these led Cray, the supercomputing expert to set up its European HQ in Bristol.

Digital skills are developed at the region’s four well-respected universities. Spinouts from them are numerous, including wireless specialists PowerWave and materials specialists NanoGaN. Meanwhile, The Bristol Robotics Laboratory is now the UK’s leading academic centre for robotics research.

What’s new

The strength of the cluster’s robotics sector was illustrated by a multimillion investment in GraphCore, while Future Space hub has also opened, attracting UK robotics stars.

Game Boosters launched at the Engine Shed, while the latter also created Silicon Gorge, a network attracting investment for local digital tech startups.

The ‘Crowd10‘ campaign is helping companies to crowd fund growth capital and the University of Bristol launched the first round of their seed fund, UOBEF.

What’s up next

Bristol has been chosen by Oracle to host one of its new global Startup Cloud Accelerators. Tech entrepreneurs with more scientific technologies are looking forward to the completion of Unit DX, a new lab space and science incubator. Meanwhile, the region’s aerospace industry is integrating new technology capabilities to create the next generation of aircraft, with Airbus launching a £40 million Wing of the Future Centre.

  • Henry Nurser

    CEO & Founder, Blu-Wireless

    What we do

    Blu Wireless develops and licenses unique wireless technology to major household names, and is fast becoming the default ‘engine’ to enable 5G telecom networks.

    Why Bristol & Bath?

    A high quality of life, heritage in engineering excellence and strong links to world-respected academic institutes make Bristol and Bath a perfect environment in which to build a knowledge-based company such as Blu Wireless.

  • Tom Carter

    CTO & Co-founder, Ultrahaptics

    What we do

    Engaged with the world’s biggest companies to revolutionise how we interact with our devices, Ultrahaptics enables people to feel virtual objects without needing to touch anything or wear special equipment.

    Why Bristol & Bath?

    Being based in Bristol, we have access to a large pool of leading digital tech talent. We also have close links to the strong ecosystem, having originally developed within the University of Bristol and SETsquared, the global #1 tech incubator.

Economic stats

35924 Number of Digital Jobs Number of digital jobs – An estimation of employment in the digital tech industries and the digital tech economy. The APS has allowed us to capture digital embeddedness, that is digital experts working in non-digital industries. It also coves freelancers and self-employed workers. (Source: ONS Annual Population Survey)

4.35 Digital Concentration Digital concentration / Location quotient (LQ) – Indicates the geographic concentration of digital business turnover relative to the UK. A value of one indicates average digital concentration, while a value of greater than one indicates a higher concentration. (Source: BSD)

1.7 billion Digital GVA GVA (Gross Value Added) – Average digital GVA between 2013-2015. GVA measures the contribution of each economic unit by estimating the value of an output (goods or services) less the value of inputs used in that output’s production process. (Source: ABS/BSD) .

17% High Growth Firms High growth businesses – Proportion of digital tech businesses classified as high growth. Refers to businesses with 10 or more employees that are in the top 10% of all companies in terms of growth. (Source BSD, 2015).

225 Startup Births Startup births – Average number of startup births 2011 – 2015 (Source: BSD)

8.1 billion Digital Tech Turnover (millions)
47063 Average Advertised Digital Salary Average Advertised Digital Salary – Digital tech economy average salary (2016) in each cluster (source: Burning Glass)

Standard of living

7.45 Life Satisfaction Life satisfaction – Life satisfaction (10 pt scale, ONS data)

315,523 Average House Price Average House Price – Semi Detached Average House Price (Land Registry, Dec 2016)

6.7 Housing Affordability Ratio Housing affordability ratio – House price to salary ratio

Cost of doing business

28.5 Commercial Rent Per Annum (£ sq/ft) Commercial Rent Per Annum (£ sq/ft) – Prime office rents (JLL< 2016)

More about commercial property

What local startups say is good

92% Overall Quality of Life
90% Strength of Digital Economy
88% Tech Sector Growth Potential

What local startups say is a challenge

70% Lack of Supply of Highly Skilled Workers
42% Limited Supply of Appropriate Property on Competitive Terms
32% Limited Opportunities to Access Finance
Download more details on survey responses for this cluster